5401 W 10th AVE Active Save Request In-Person Tour Request Virtual Tour
Lakewood,CO 80214
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,796 sqft
Price per Sqft $1,113
Subdivision Lakewood
MLS Listing ID 7840090
Style Bungalow
Year Built 1955
Annual Tax Amount $3,552
Tax Year 2021
Lot Size 1.200 Acres
Property Description
Introducing a rare and exceptional redevelopment opportunity on a sprawling 1.2-acre lot at 5401 West 10th Avenue. This prime piece of real estate is located in an ?opportunity zone?, offering unparalleled potential for builders and developers.
With its prime location, adjacent to Lakewood Dry Gulch Sheridan Light Rail Station, this property is perfect for a wide range of redevelopment projects, from residential to commercial use. The lot boasts a generous size, allowing for ample space to build an expansive complex or create a serene oasis in the heart of the city.
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Lakewood M-R-T zoning providing for a minimum unit per acre density of 30 du/ac with height limits from 4-7 story. Surrounding properties that are currently under development include West line Village, a 170-unit town home project and immediately east of the site is a 4% tax credit project. Single family homes at Eaton Ct and W 10th Ave have sold in the mid-$600k and West Line Village is offering town homes in the mid to high $500k.
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This is an extraordinary opportunity to invest in a prime piece of real estate and build your dream project in a quickly changing area.
Location
State CO
County Jefferson
Zoning mixed use
Interior
Heating Forced Air
Cooling Central Air
Exterior
Utilities Available Electricity Connected
View City,Mountain(s)
Roof Type Architecural Shingle
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Molholm
Middle Schools Jefferson
High Schools Jefferson
School District Jefferson County R-1
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition None