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$399,900
Est. payment /mo
0.42 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Olde Town Arvada
MLS Listing ID 9006946
HOA Y/N No
Annual Tax Amount $1,539
Tax Year 2025
Lot Size 0.420 Acres
Acres 0.42
Property Sub-Type Unimproved Land
Source recolorado
Property Description
This fabulous corner site in Olde Town Arvada is a rare gem with outstanding development potential. Current zoning is R-13 Residential, allowing up to 13 units per acre. The site could potentially accommodate approximately five multifamily units, or it presents an exceptional opportunity to build a custom single-family residence in a highly desirable location. You might also consider purchasing the adjacent property to the north 5215 Allison St with this lot , creating an assemblage totaling just under one acre in the heart of Olde Town Arvada. This premier location is just moments from the shops, restaurant district, nightlife, entertainment, and all the charm that Olde Town Arvada has to offer. With the larger combined site, there may be potential to pursue a rezoning to R-24 for higher-density development. Any future density increase would require a rezoning application and an amendment to the City's Comprehensive Plan. The City of Arvada is currently in the process of updating its Comprehensive Plan, making this an exciting opportunity for investors, builders, and developers looking toward the future.
Location
State CO
County Jefferson
Zoning R-13
Interior
Fireplace N
Exterior
Garage Spaces 8.0
Fence Full
Utilities Available Electricity Available, Natural Gas Available
Total Parking Spaces 8
Garage No
Building
Lot Description Corner Lot
Schools
School District Jefferson County R-1
Others
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.listingsmagic.com/sps/tour-slider/index.php?property_ID=282851&ld_reg=Y
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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 RE/MAX Professionals
Nearby School & Business
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8600 Park Meadows Dr #300, Lone Tree, CO, 80124, USA
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