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/
Basic Details
Land
For Sale
6051760
$4,250,000
0
0
0
0 Sqft
0
2.55 Acre
Active
Improved Land
Address Map
US
CO
Jefferson
Arvada
80003
60th
5495
Avenue
0
W106° 56' 37.7''
N39° 48' 22.5''
Additional Information
$0
$0
$0
From Sheridan, go west on 60th
Jefferson County R-1
$0
Jefferson County R-1
Yes
$0
720-807-2890
: Level
111078
$0
REcolorado
010288
03/10/2024 00:06:16
17
Public
Public Sewer
$824
2023
$0
$0
5495 W 60th Avenue, Arvada, Colorado 80003
: Electricity Available, Natural Gas Available, Cable Available
The data relating to real estate for sale on this website comes in part from the REColorado.
All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Sessions Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are the best approximations only and exact locations should be independently verified.
