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Home » Real Estate » CO » Lakewood » 80214 » 5401 W 10th Ave, Lakewood, CO, 80214
$2,000,000

5401 W 10th Ave, Lakewood, CO, 80214

1,796 Square Feet
Introducing a rare and exceptional redevelopment opportunity on a sprawling 1.2-acre lot at 5401 West 10th Avenue. This prime piece of real estate is located in an "opportunity zone", offering unparalleled potential for builders and developers. With its prime location, adjacent to Lakewood Dry Gulch Sheridan Light Rail Station, this property is perfect for a wide range of redevelopment projects, from residential to commercial use. The lot boasts a generous size, allowing for ample space to build an expansive complex or create a serene oasis in the heart of the city. . Lakewood M-R-T zoning providing for a minimum unit per acre density of 30 du/ac with height limits from 4-7 story. Surrounding properties that are currently under development include West line Village, a 170-unit town home project and immediately east of the site is a 4% tax credit project. Single family homes at Eaton Ct and W 10th Ave have sold in the mid-$600k and West Line Village is offering town homes in the mid to high $500k. . This is an extraordinary opportunity to invest in a prime piece of real estate and build your dream project in a quickly changing area.
Offered By
Adrienne Herzog adrienne@aherzogrealty.com,303-597-8720, LPT Realty

Property Details

Property Type Residential
Status Active
Property Sub Type Residential-Detached
Square Feet 1,796
MLS # 7840090

Market Trends

New Properties On Market
37
164% Increase In New Listings
Average Asking Price
$551,636
$60,363 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$396
$18 Increase In List Price/Sq. Ft.
Average Days On Market
21
24 Day Decrease In Days On Market
Data as of Nov 15, 2024. Remaining statistics above are calculated on activity within the period from Sep 01, 2024 to Oct 31, 2024.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 9/11/2024 at 5:51 pm