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$4,250,000
97 Days On Site

5495 W 60th Avenue
Arvada, CO 80003

For Sale|Land|Active Under Contract
Subdivision:
Wellington
County:
Jefferson

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(720) 669-8808
5495 W 60th Avenue5495 W 60th Avenue5495 W 60th Avenue5495 W 60th Avenue
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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/

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Listing Snapshot
Price 
$4,250,000
Days On Site 
97 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.55 Acres
Year Built 
N/A
MLS® Number 
6051760
Status 
Active Under Contract
Property Tax 
$824
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoStatus changed to Active Under Contract
3 months agoListing first seen on site
General Features
Acres 
2.55
Sewer 
Public Sewer
Utilities 
Cable AvailableElectricity AvailableNatural Gas Available
Water Source 
Public
Zoning 
R-24
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Exterior Features
Lot Features 
Level
Community Features
Financing Terms Available 
1031 ExchangeCashConventional
School District 
Jefferson County R-1
Schools
School District
Jefferson County R-1
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of REAL 3039157203



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Neighborhood & Commute
Source: Walkscore
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