Under contract
Pending
5495 W 60th Avenue
Arvada CO, 80003
$4,250,000
$38.26 per sqft
Under contract
Pending
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 90% through entitlements and we expect to have it permit ready to break ground in November 2024. To view the Offering Memorandum please go to this website:https://ulxcommercial.com/ArvadaLand/
6051760
MLSⓇ ID
September 20, 2024
Listed
November 30, 2024
Updated
Map
5495 W 60th Avenue
Arvada CO, 80003
Exterior/Building Features
Lot Size
2.55 Acres
Lot Features
Level
Sewer
Public Sewer
School Information
School District
Jefferson County R-1
Other Property Details
Taxes
$824
Tax Frequency
Annually
Garage
No
Parking Total
0
View
No
County
Jefferson
Water Source
Public
Pool
No
Zoning
R-24
Listing History
Date | Event | Price |
|---|---|---|
11/30/2024 | Under contract | — |
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Data last updated 5:40 PM UTC, 11/30/2024
