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Maira Romero-Terrazas

mairaromero.realtor@gmail.com +1(720) 634-5517

$ 400,000

Est. payment -/mo

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Active Under Contract

5701 W 10th AVE Lakewood, CO 80214

1.78 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 5323647

HOA Y/N No

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

Source recolorado

Property Description

MASSIVE $275,000 PRICE REDUCTION! Great development potential on this 1.78-acre level 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.

Discussions with Xcel have disclosed that they are amenable to the utility easement 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.

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.

This is a rare opportunity for developers and investors to create a medium-density residential project in a rapidly growing area with excellent infrastructure and transit connectivity.

Showings by appointment only.

Location

State CO

County Jefferson

Zoning R-MF

Interior

Fireplace N

Exterior

Parking Features 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

Listed by Coldwell Banker Realty 14

SCHOOLSPROPERTIES

Elementary Schools 20

7

Kendrick Lakes Elementary School

Public | PK - 6
7

Valdez Elementary School

Public | PK - 5
6

Patterson International School

Public | PK - 6
6

South Lakewood Elementary School

Public | KG - 6
6

Jefferson County Open Elementary School

Public | PK - 6
6

Brown International Academy

Public | PK - 5
6

Academia Ana Marie Sandoval

Public | PK - 6
5

Belmar Elementary School

Public | KG - 6
5

Slater Elementary School

Public | PK - 6
5

Newlon Elementary School

Public | PK - 5
5

Cowell Elementary School

Public | PK - 5
5

Edison Elementary School

Public | PK - 5
5

Fairview Elementary School

Public | PK - 5
4

Stein Elementary School

Public | PK - 6
4

Lasley Elementary School

Public | KG - 6
4

Force Elementary School

Public | PK - 5
4

Knapp Elementary School

Public | PK - 5
4

Cesar Chavez Academy Denver

Public | KG - 8
4

Munroe Elementary School

Public | PK - 5
4

Columbian Elementary School

Public | PK - 5

Middle Schools 15

7

Skinner Middle School

Public | 6 - 8
5

Jefferson County Open Secondary School

Public | 7 - 12
5

Kepner Middle School

Public | 8 - 8
4

Strive Prep - Lake

Public | 6 - 8
4

Strive Prep - Sunnyside

Public | 6 - 8
3

Strive Prep - Westwood

Public | 6 - 8
2

Jefferson Junior / Senior High School

Public | 7 - 12
1

Alameda International Junior / Senior High School

Public | 7 - 12
1

Lake International School

Public | 6 - 8
0

O'Connell Middle School

Public | 7 - 8
0

Savio House

Private | 8 - 11
0

Denver Montessori Junior / Senior High School

Public | 7 - 11
0

Kepner Beacon Middle School

Public | 6 - 8
0

Compass Academy

Public | 6 - 8
0

Strive Prep - Kepner

Public | 6 - 7

High Schools 15

6

Wheat Ridge High School

Public | 9 - 12
4

Cec Middle College of Denver

Public | 9 - 12
2

North High School

Public | 9 - 12
1

New America School

Public | 9 - 12
0

Denver Street School

Private | 9 - 12
0

Brady Exploration School

Public | 9 - 12
0

Beth Jacob High School

Private | 9 - 12
0

Arrupe Jesuit High School

Private | 9 - 12
0

Yeshiva Toras Chaim High School

Private | 9 - 12
0

Excel Academy

Public | 9 - 12
0

Strive Preparatory - Smart Academy

Public | 9 - 10
0

North High School Engagement Center

Public | 9 - 12
0

Strive Preparatory - Excel

Public | 9 - 9
0

Florence Crittenton High School

Public | 9 - 12
0

Contemporary Learning Academy High School

Public | 9 - 12

School and business data provided by Attom Data.

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Maira Romero-Terrazas

Broker Associate | License ID: 100101879

+1(720) 634-5517

mairaromero.realtor@gmail.com

999 18th St Suite 3000, Denver, Colorado, 80202, USA

Maira Romero-Terrazas

5701 W 10th AVE Lakewood, CO 80214

Key Details

Location

Interior

Exterior

Building

Schools

Others

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5701 W 10th AVE