$2,000,000
- Beds
- Unknown
- sq ft
- 1,796
5401 W 10th Ave, Lakewood, CO 80214
5401 W 10th Ave
Lakewood, CO 80214
- 252 days on market
- Price drop $200,000↓
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.
Details
Property type
Single Family Residence
Property condition
Fixer
Lot size
1.2 acres
Price per sq ft
$1,114
Year built
1955
Annual property taxes
$3,552
Price History
09/11/2024
REColorado #7840090
Price change
$2,000,000
-9.09%
08/16/2024
REColorado #7840090
Listed
$2,200,000
05/11/2024
REColorado #7840090
Pending
$2,200,000
Schools & Community
Neighborhood:
Two Creeks
Elementary school:
Molholm
Middle school:
Jefferson
High school:
Jefferson
High school district:
Jefferson County R-1
Status: Active
Tomo last checked: 11/12/2024 at 1:25 PM
Listing updated: 09/11/2024 at 5:27 PM
Listed by: Adrienne Herzog, LPT Realty Phone #: (877) 366-2213
MLS: REColorado #7840090
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