$4,250,000
Arvada, CO 80003
- 2.55 Acres
- Jefferson County
Key Features
- Property Type: Land
- Status: Pending
- MLS® ID: 6051760
- Lot/Acreage: 2.55
- County: Jefferson
- Neighborhood: Wellington
Exterior Details
- Zoning: R-24
- Sewer: City Sewer, Public Sewer
Description
We are pleased to present this 2.55 Acre parcel located in an excellent location in the heart of Arvada. Adjacent to the Gold Strike Light Rail Station at 60th & Sheridan, this development is currently in permitting for 40 Townhome units. These units have been efficiently designed to appeal to buyers' wants and needs while also maximizing the builders potential profitability. This site location provides easy access to Sheridan, I-76, I-70. Proximity to light rail is attractive to future buyers as well as the developer who will have decreased affordable housing fees with the City of Arvada because of the proximity within .5 miles of a light rail station.
This parcel is directly adjacent to the east of a recently successfully developed multi-family residential project that is completely sold out. Comps here point at a potential resale value of $350 PSF or more for these townhomes.
This project is 90% through entitlements and we expect to have it permit ready to break ground in November 2024. To view the Offering Memorandum please go to this website:https://ulxcommercial.com/ArvadaLand/
Location
- Address: 5495 W 60th Ave Arvada CO 80003
- City: Arvada
- State: CO
- Zip: 80003
From Sheridan, go west on 60th
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Listing # Courtesy of Jesse Truman of Real Broker, LLC DBA Real. Last Updated: November 30, 2024.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
