Metro Denver Luxury Homes For Sale

Property Description

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.

Features
: Forced Air
: Central Air
: City, Mountain(s)
: 10
: Unfurnished
: Bungalow
: Architecural Shingle
: Public Sewer
Address Map
CO
Jefferson
Lakewood
80214
10th
5401
Avenue
W106° 56' 39.2''
N39° 44' 0.2''
W
Additional Information
: Brick
Molholm
Jefferson
Yes
Yes
1031 Exchange, Cash, Conventional
Jefferson
LPT Realty
058118
: None
: House
Lakewood
$3,552
2021
: Electricity Connected
mixed use
03/04/2024
1796
Active
Jefferson County R-1
Jefferson County R-1
Jefferson County R-1
09/11/2024
08/16/2024
Public
: One

Lakewood

5401 W 10th Avenue, Lakewood, CO 80214

1,796 Square Feet
$2,000,000
Listing ID #7840090
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 7840090
Price : $2,000,000
Square Footage : 1,796 Square Feet
Year Built : 1955
Lot Area : 1.20 Acres
Lot Acres : 1.2
Property Sub Type : Single Family Residence
Status : Active
Originating System Name : REcolorado
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