Active
5401 W 10th Ave
Lakewood CO, 80214
$2,200,000
$1,224.94 per sqft
Active
1,796 sqft
Residential
Built in 1955
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.
7840090
MLSⓇ ID
March 4, 2024
Listed
March 14, 2024
Updated
Map
5401 W 10th Ave
Lakewood CO, 80214
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
1.2 Acres
Architectual Style
Cottage/Bung, Ranch
Roof
Fiberglass
Sewer
City Sewer, Public Sewer
School Information
School District
Jefferson County R-1
High School
Jefferson
Elementary School
Molholm
Other Property Details
Area Name
Metro Denver
Taxes
$3,552
Tax Frequency
Annually
Days on Market
1
Garage
Yes
Garage Spaces
10
View
Yes
View Description
Mountain(s), City
County
Jefferson
Water Source
City Water
Pool
No
Zoning
mixed use
Buyer Agency Compensation
2.8%
Listed by Adrienne Herzog with LPT Realty
Listing Contact: [email protected],303-597-8720
The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 3/14/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 3/14/2024 at 6:24 PM UTC