5701 W 10th AVE Active Save Request In-Person Tour Request Virtual Tour
Lakewood,CO 80214
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5323647
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $1,411
Tax Year 2022
Lot Size 1.780 Acres
Acres 1.78
Lot Dimensions 470' x 165'
Property Sub-Type Improved Land
Property Description
MASSIVE $175,000 PRICE REDUCTION to discount the property for the Utility Easement. Great development potential on this 1.78-acre parcel, zoned for Multi-Family Residential (R-MF). The Buildable square footage on the East side of the property is approximately 30,550 sq ft. or .70 Acres, running the full 470' length North/South by 65' wide. The Primary structure height restriction is 45' allowing for 4 story buildings and no density restriction according to the City.
The utility easement then runs North/South down the property. This not "buildable" square footage, but it is usable, as discussions with Xcel have disclosed that they are amenable to this area being used for streets and/or parking.
The West corridor of the property is approximately 25' wide by 408' long. This approximately 9,400 Sq Ft parcel is also buildable square footage or open space with no easement on this portion.
The property is conveniently located adjacent to the Lakewood gulch trail that is a sidewalk/bike trail that leads to the Dry Gulch trail that goes to the Platt river trail and Denver.
There are many close public transportation options available like the bus route on 10th Avenue, the bike trail as mentioned and 2 light rail stations at Sheridan & Lamar with easy access and commuting to downtown Denver and Golden area.
Ideal for investors, the property's zoning supports potential uses like townhomes, apartments and/or affordable housing, offering versatile development possibilities.
Notably, the City of Lakewood has confirmed that if the property is used for Affordable Housing it will be Exempt from Parkland Ordinance requirements.
Showings by appointment only.
Location
State CO
County Jefferson
Zoning R-MF
Interior
Fireplace N
Exterior
Parking Features Driveway-Gravel
Fence Fenced Pasture,Partial
Utilities Available Electricity Available
View City,Meadow,Mountain(s)
Total Parking Spaces 2
Garage No
Building
Lot Description Borders Public Land,Level,Near Public Transit,Open Space,Sloped,Subdividable,Suitable For Grazing
Sewer Community Sewer
Water Public
Schools
School District Jefferson County R-1
Others
Ownership Individual
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None