5495 W 60th Ave Arvada, CO 80003
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 still currently in the entitlement process with permits expected mid-summer. To view the Offering Memorandum please go to this website:https://ulxcommercial.com/ArvadaLand/
- Property TypeLand
- NeighborhoodWellington
- CountyJefferson
- Taxes$824
- HOA/Condo/Coop Fees$0
- Days on Site64 Days
- MLS StatusActive
- MLS ID Number4705515
- Home Size Source N/A
- Year BuiltN/A
- Lot Size2.55 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Sewer Public Sewer
- Acreage 2.55
- Property Sub Type Unimproved Land
- Attached Garage No
- Utilities Natural Gas AvailableElectricity AvailableCable Available
- Zoning R-24
- Garage None
- Buyer Agent Compensation 2.50 %
Exterior Features
- Waterfront Property No
- Lot Level
- Waterfront No
Community Features
- Senior Community No
- MLS Area Metro Denver