5401 W 10th Avenue, Lakewood, CO 80214

$2,000,000 Asking Price

1,796  sqft
Built in 1955

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. . 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. . 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 & Amenities

Interior

A/C:
Central Air
Heating:
Forced Air

Exterior

Style:
Bungalow
Parking:
Parking spaces: 10

Construction

Roofing:
Architecural Shingle
General:
One

Location

Road/Access:
Public
Originating MLS:
recolorado
School District:
Jefferson County R-1
County:
Jefferson

Lot

Zoning:
mixed use, SECTION 01 TOWNSHIP 04 RANGE 69 QTR NE SIZE: 51836 VALUE: 1.190 KEY=025, 058118
View:
City, Mountain(s)

Utilities

Utilities:
Electricity Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
recolorado
Ownership:
Individual
Exclusions:
sellers personal property

This listing courtesy of:
LPT Realty, Adrienne Herzog

About Denver, CO

Housing

Number of Units
527,977
Median Home Value
$435,944
Median Rent
$1,329

48.75% of housing units are renter occupied.

6.65% are vacant.

Commute

Car
56.73%
Public Transportation
3.93%
Walk to Work
2.72%
Work from Home
34.89%
Other
0.58%

The median travel time to work is 19 minutes.

People

Population
1,114,255
Median Age
35.70
Median Household Size
2.53

Education

High School
19.56%
Associate’s Degree
6.38%
Bachelor’s Degree
29.05%
Graduate Degree
17.25%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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