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$4,900,000
Est. payment /mo
1.83 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2824787
HOA Y/N No
Annual Tax Amount $41,619
Tax Year 2024
Lot Size 1.832 Acres
Acres 1.83
Property Sub-Type Commercial Land
Source recolorado
Property Description
This 1.832-acre parcel of land offers a rare opportunity for developers and investors, with entitlements in place for the construction of 56 residential units. The approved plans include four 12-plex buildings and one 8-plex building (entitled for 56 units), all featuring spacious 2-bedroom, 2-bathroom units. This project is designed as a Class A property, complete with elevators for added convenience and luxury. This land is grandfathered into old water rights, offering a significant advantage in terms of resource access and cost-efficiency. All essential infrastructure is already complete , including parking, sidewalks and other key utilities, allowing for a streamlined development process. This prime site is ideal for those looking to capitalize on a well-entitled and fully prepared project, making it an excellent choice for a quick and profitable development.
Location
State CO
County Boulder
Zoning PUD
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Golden Key Real Estate
Learn More About LPT Realty
Cesar Peña
Real Estate Advisor | License ID: FA.100097076
Real Estate Advisor License ID: FA.100097076