Lakewood, CO 80214,5401 W 10th AVE
Lakewood, CO 80214,5401 W 10th AVE
Lakewood, CO 80214,5401 W 10th AVE
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$2,000,000
Est. payment /mo
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1,796 SqFt
Price Dropped by $200K

5401 W 10th AVE Lakewood, CO 80214

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UPDATED:

09/11/2024 11:23 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,796 sqft

Price per Sqft $1,113

Subdivision Lakewood

MLS Listing ID 7840090

Style Bungalow

HOA Y/N No

Originating Board recolorado

Year Built 1955

Annual Tax Amount $3,552

Tax Year 2021

Lot Size 1.200 Acres

Acres 1.2

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.

Location

State CO

County Jefferson

Zoning mixed use

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electricity Connected

View City, Mountain(s)

Roof Type Architecural Shingle

Total Parking Spaces 10

Garage No

Building

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Molholm

Middle Schools Jefferson

High Schools Jefferson

School District Jefferson County R-1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None


REColorado (REColorado MLS)
Listed by LPT Realty • adrienne@aherzogrealty.com,303-597-8720

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Thaine Swanson

Employing Broker | License ID: EA.100077036

+1(720) 271-7599

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5401 W 10th AVE