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$1,600,000
Est. payment /mo
0.43 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Lakewood
MLS Listing ID 4891617
HOA Y/N No
Annual Tax Amount $3,045
Tax Year 2025
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type Improved Land
Source recolorado
Property Description
7100 and 7150 W 12th Avenue present a rare portfolio redevelopment opportunity consisting of two adjacent parcels in Lakewood's rapidly evolving West Corridor. Located near the Lakewood–Wadsworth RTD Station, the combined approximately 0.74-acre site offers a compelling transit-oriented development opportunity with the entitlement process already underway for a proposed 21-unit townhome community. Initial submittals have been completed with the City of Lakewood, providing a meaningful head start and the potential to accelerate development timelines compared to a traditional ground-up entitlement process. The portfolio benefits from a highly accessible infill location with convenient connectivity to Downtown Denver, Union Station, Sloan's Lake, West Colfax, Highlands Square, LoHi, and other major residential, employment, and entertainment districts. Proximity to US-6, Wadsworth Boulevard, and the W Line light rail further enhances regional accessibility and commuter convenience. The site's transit-oriented positioning, coupled with continued public and private investment throughout the West Colfax and Lakewood corridors, supports its long-term residential development potential. Both parcels are currently improved with income-producing single-family residences with established rental histories, offering the opportunity for interim cash flow during planning, entitlement, and pre-construction. Additionally, the property is located within a federally designated Opportunity Zone, potentially providing qualified investors with applicable tax advantages. With its combination of entitlement progress, existing income, transit-oriented location, Opportunity Zone designation, and attainable development scale, 7100 and 7150 W 12th Avenue offer a compelling opportunity for developers, investors, and residential builders seeking a well-positioned infill project within the Denver metropolitan area.
Location
State CO
County Jefferson
Zoning M-R-U
Interior
Fireplace N
Exterior
Garage No
Building
Lot Description Corner Lot, Level
Sewer Public Sewer
Schools
School District Jefferson County R-1
Others
Ownership Corporation/Trust
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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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 Kentwood Real Estate Cherry Creek
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Cesar Peña
Real Estate Advisor | License ID: FA.100097076
Real Estate Advisor License ID: FA.100097076