$ 4,250,000
5495 W 60th Ave Arvada, CO 80003
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$ 4,250,000
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Active
5495 W 60th Ave Arvada, CO 80003
2.55 Acres Lot
UPDATED:
10/02/2024 05:56 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Wellington
MLS Listing ID 6051760
HOA Y/N false
Originating Board REcolorado
Annual Tax Amount $824
Lot Size 2.550 Acres
Acres 2.55
Property 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/
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
State CO
County Jefferson
Area Metro Denver
Zoning R-24
Direction From Sheridan, go west on 60th
Exterior
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Waterfront false
Building
Lot Description Level
Sewer City Sewer, Public Sewer
Water City Water
New Construction false
Schools
School District Jefferson County R-1
Others
Senior Community false
Listed by REAL • 303-915-7203
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