5495 W 60th Ave, Arvada, CO

$4,800,000

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2.55

Acres

About 5495 W 60th Ave

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/

Features of 5495 W 60th Ave

MLS® # 4705515
Price $4,800,000
Bathrooms 0.00
Acres 2.55
Type Land
Sub-Type Unimproved Land
Status Active

Community Information

Address 5495 W 60th Ave
Area Arvada
Subdivision Wellington
City Arvada
County Jefferson
State CO
Zip Code 80003

Amenities

Utilities Natural Gas Available, Electricity Available, Cable Available
Garages None
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Level

School Information

District Jefferson County R-1

Additional Information

Days on Market 1
Zoning R-24
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJesse Truman
OfficeReal Broker LLC
Contact Info303-915-7203

Listing Map

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