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$ 3,250,000
Est. payment | /mo
0.87 Acres Lot
$ 3,250,000
Est. payment | /mo
0.87 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Jefferson
MLS Listing ID 2847800
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $2,260
Tax Year 2024
Lot Size 0.866 Acres
Acres 0.87
Property Sub-Type Improved Land
Property Description
Chase Street Townhomes at Two Creeks: 1305-1341 Chase Street. Zoned R-MF (45' height allowed), use by right, 37,717 Sq Ft. There is currently four rentable single family homes & a triplex. Average rent is $1,700. Highest & best use of the land is to build 26 townhomes. The project contain approximately 43,320 sellable square feet across 6 townhome buildings. Each unit is 3 stories and each unit will have 2 car garages. 21 units are 3 bedroom (1,700 sq ft) & 5 units are 2 bedroom units (1,525 sq ft). The site will also have 8 guest parking stalls, community trash/recylcing & dedicated mail kiosks. There will also be dedicated community bike racks, EV charging, pet relief areas & landscaped areas with trees & shrubs. The project is currently waiting on comments from 3rd submittal & expect to have full building permits by 7/1/25.
The site is on the Lakewood/Denver border & is 2 blocks from the Sheridan Station Light Rail. It's also located in an opportunity zone. According to the Kenan Instituted, it's located in the sixth fastest growing city in the US. The project has sustainable landscaping, spectacular city & mountains views. Most importantly, no need to wait for a building permit as we anticipate having one on 7/1/25!
The site is on the Lakewood/Denver border & is 2 blocks from the Sheridan Station Light Rail. It's also located in an opportunity zone. According to the Kenan Instituted, it's located in the sixth fastest growing city in the US. The project has sustainable landscaping, spectacular city & mountains views. Most importantly, no need to wait for a building permit as we anticipate having one on 7/1/25!
Location
State CO
County Jefferson
Zoning R-MF
Interior
Fireplace N
Exterior
View City, Mountain(s)
Garage No
Building
Lot Description Corner Lot, Near Public Transit
Sewer Public Sewer
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
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by MODUS Real Estate
23 Buck St. Suite 100 South Fork, Colorado 81154 United States, CO, 81154, USA