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For Sale72 Days
$4,250,000

5495 W 60th Avenue
Arvada, CO 80003

Land For Sale
2.55 Acre Lot
REAL

Description for 5495 W 60th Avenue, Arvada, CO 80003

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.rnrnThis 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. rnrnThis 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/

Property Details

Listing Details
For Sale
Land
Improved Land
None
For Sale
REC6051760
$4,250,000
09/20/2024
$4,250,000
$4,250,000
REC043526
Single Family
N/A
Location Information
US
CO
Jefferson
Arvada
80003
60th
5495
Avenue
W106° 56' 37.7''
N39° 48' 22.5''
W
Exterior Features
No
No
Land Info
2.55 Acre
Level
Nw
R-24
010288
Monthly
Utilities
Public Sewer
HOA Info
Monthly
No
Rental Info
Monthly
Tax Info
SECTION 12 TOWNSHIP 03 RANGE 69 QTR NE SIZE: 111339 VALUE: 2.556 KEY=133
$824
2023
Listing Information
REAL
Jesse Truman
RECM2988
Recolorado
$4,250,000
10/03/2024 00:06:17
Wellington
Cable Available,Natural Gas Available,Electricity Available
Public

Price History

Source: MLS
DateEventPriceSource
2024-09-20 21:33:44For Sale$4,250,000MLS
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Walk Score

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Walk Score

4

Bike Score

7

Transit Score

3

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