Description
Great development opportunity on 3 lots to scrape and build in one of Lakewoods hot multi-family building neighborhoods. Offered together are 3 side by side lots: 1269, 1271 & 1275 with all lots to be sold together. A total of 0.574 acres of M-R-T zoned land which allows for 20+ townhomes or 50+ apartments to be built up to 5 stories high! One parcel has an ideal corner lot location. Buyer shall perform their own research to determine what developments are possible. Many developments have already applied for permits near these lots. There are 4 units that can be rented if investor prefers not to scrape The Light Rail Sheridan Station is only 1 block away. Close proximity to Sloans Lake, Downtown Denver, Mile High Stadium, and St Anthonys redevelopment with Starbucks, Alamo Drafthouse & more. Located within a Colorado Opportunity Zone which creates an additional incentive to invest in communities by deferring and possibly eliminating the capital gain tax on long-term investments.
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13BEDS
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0.57ACRES
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9BATHS
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01/2 BATHS
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7,474SQFT
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$321$/SQFT
School Information
Offered by Gold Compass Real Estate Inc.Description
Great development opportunity on 3 lots to scrape and build in one of Lakewoods hot multi-family building neighborhoods. Offered together are 3 side by side lots: 1269, 1271 & 1275 with all lots to be sold together. A total of 0.574 acres of M-R-T zoned land which allows for 20+ townhomes or 50+ apartments to be built up to 5 stories high! One parcel has an ideal corner lot location. Buyer shall perform their own research to determine what developments are possible. Many developments have already applied for permits near these lots. There are 4 units that can be rented if investor prefers not to scrape The Light Rail Sheridan Station is only 1 block away. Close proximity to Sloans Lake, Downtown Denver, Mile High Stadium, and St Anthonys redevelopment with Starbucks, Alamo Drafthouse & more. Located within a Colorado Opportunity Zone which creates an additional incentive to invest in communities by deferring and possibly eliminating the capital gain tax on long-term investments.
Licensed in the State of Colorado, USA
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