Homes for sale - 5701 W 10th AVE, Lakewood, CO 80214

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Source Home Group

homes@hirethebrokerage.com +1(970) 528-0604

$675,000

Est. payment - /mo

1.78 Acres Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5323647

HOA Y/N No

Originating Board recolorado

Annual Tax Amount $1,411

Tax Year 2022

Lot Size 1.780 Acres

Acres 1.78

Lot Dimensions 470' x 165'

Property Sub-Type Improved Land

Property Description

MASSIVE $175,000 PRICE REDUCTION to discount the property for the Utility Easement. Great development potential on this 1.78-acre level parcel, zoned for Multi-Family Residential (R-MF). The Buildable square footage on the East side of the property is approximately 30,550 sq ft. or .70 Acres, running the full 470' length North/South by 65' wide. The Primary structure height restriction is 45' allowing for 4 story buildings and no density restriction according to the City.

The utility easement then runs North/South down the property. This not "buildable" square footage, but it is usable, as discussions with Xcel have disclosed that they are amenable to this area being used for streets and/or parking.

The West corridor of the property is approximately 25' wide by 408' long. This approximately 9,400 Sq Ft parcel is also buildable square footage or open space with no easement on this portion.

The property is conveniently located adjacent to the Lakewood gulch trail that is a sidewalk/bike trail that leads to the Dry Gulch trail that goes to the Platt river trail and Denver.

There are many close public transportation options available like the bus route on 10th Avenue, the bike trail as mentioned and 2 light rail stations at Sheridan & Lamar with easy access and commuting to downtown Denver and Golden area.

Ideal for investors, the property's zoning supports potential uses like townhomes, apartments and/or affordable housing, offering versatile development possibilities.

Notably, the City of Lakewood has confirmed that if the property is used for Affordable Housing it will be Exempt from Parkland Ordinance requirements.

This is a rare opportunity for developers and investors to create a high-density residential project in a rapidly growing area with excellent infrastructure and transit connectivity.

Showings by appointment only.

Location

State CO

County Jefferson

Zoning R-MF

Interior

Fireplace N

Exterior

Parking Features Driveway-Gravel

Fence Fenced Pasture, Partial

Utilities Available Electricity Available

View City, Meadow, Mountain(s)

Total Parking Spaces 2

Garage No

Building

Lot Description Borders Public Land, Level, Near Public Transit, Open Space, Sloped, Subdividable, Suitable For Grazing

Sewer Community Sewer

Water Public

Schools

School District Jefferson County R-1

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by Coldwell Banker Realty 14 • Nancy.Rainey@cbrealty.com,303-579-0954

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Source Home Group

+1(970) 528-0604

Agent | FA.100072314

Agent FA.100072314

5701 W 10th AVE Lakewood, CO 80214

Source Home Group

Key Details

Location

Interior

Exterior

Building

Schools

Others

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