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5495 W 60th Avenue, Arvada, CO, 80003

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Listing Provided Courtesy of Real Broker LLC

5495 W 60th Avenue, Arvada, CO, 80003

Beds
0 Baths
SqFt
2.55 Acres

Listing Id

REC4705515
$4,800,000

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 still currently in the entitlement process with permits expected mid-summer. To view the Offering Memorandum please go to this website:https://ulxcommercial.com/ArvadaLand/

Property Details
Price:
$4,800,000
MLS #:
REC4705515
Status:
Active
Beds:
0
Baths:
0
Address:
5495 W 60th Avenue
Type:
Improved Land
Subdivision:
Wellington
City:
Arvada
State:
CO
ZIP:
80003
Lot Size:
111,078 sqft / 2.55 acres (approx)
Interior
Exterior
Schools
School District:
Jefferson County R-1
Financial
Buyer Agent Compensation
2.5%
Tax Year
2023
Taxes
$824

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disclosure
Courtesy of Real Broker LLC. Disclaimer: All data relating to real estate for sale on this page comes from the IDX program of REcolorado. Detailed information about real estate listings held by brokerage firms other than milehimodern include the name of the listing broker. Neither the listing company nor milehimodern shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. . All rights reserved.
Rover IDX
5495 W 60th Avenue
Arvada, CO