Active
5495 W 60th Ave
Arvada CO, 80003
$4,800,000
$43.21 per sqft
Active
2.55 Acres
Land
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/
4705515
MLSⓇ ID
March 14, 2024
Listed
May 9, 2024
Updated
Map
5495 W 60th Ave
Arvada CO, 80003
Exterior/Building Features
Lot Size
2.55 Acres
Lot Features
Level
Sewer
City Sewer, Public Sewer
School Information
School District
Jefferson County R-1
Other Property Details
Area Name
Metro Denver
Taxes
$824
Tax Frequency
Annually
Days on Market
1
Garage
No
View
No
County
Jefferson
Water Source
City Water
Pool
No
Zoning
R-24
Buyer Agency Compensation
2.5%
Listed by Jesse Truman with Real Broker LLC
Listing Contact: 303-915-7203
The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 5/9/2024. 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 5/9/2024 at 2:34 AM UTC