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$ 5,900,000
Est. payment | /mo
1.83 Acres Lot
$ 5,900,000
Est. payment | /mo
1.83 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2824787
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $41,619
Tax Year 2024
Lot Size 1.830 Acres
Acres 1.83
Property Sub-Type Commercial Land
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 • (720) 560-3169
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Brett Kotal
Realtor | Lic# FA100084202