$2,000,000
$2,200,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
1.54 Acres Lot
SOLD DATE : 08/22/2022
Key Details
Sold Price $2,000,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Arvada Gardens
MLS Listing ID 6563851
Sold Date 08/22/22
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $8,704
Tax Year 2020
Lot Size 1.540 Acres
Acres 1.54
Property Description
A unique townhome development opportunity presents itself at this 1.54-acre lot in coveted Olde Town Arvada. Surrounded by stunning mountain views unfolding in the distance, R-24 multi-family residential zoning offers plans for an estimate of 21-28 townhomes each at 1,400-1,800 square feet. Progress already completed on the development includes a property survey, trip generation letter, Phase 1 Environmental Report, GEO soils report and civil engineering with completed schematic design and design development. Additionally, updates to the existing survey have been completed including a proposal for an updated survey with the proposed site plan. An architect-completed site plan presents floor plans for 34-, 24- and 21-residence concepts, and three-plus pre-application meetings have already been completed with the City of Arvada for convenience. Residents will enjoy quick access to the Light Rail for easy commuting and close proximity to Olde Town Arvada shopping, restaurants and more.
Location
State CO
County Jefferson
Zoning RES ACG
Interior
Fireplace N
Exterior
View City, Mountain(s)
Garage No
Schools
School District Jefferson County R-1
Others
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Milehimodern
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Broker Associate | IA.100097765