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- LoopNet Team
3485 W 68th Ave
Denver, CO 80221
Lowell68 · Land For Sale
·
4.30 AC
INVESTMENT HIGHLIGHTS
- Large 4.3ac Hard Corner Parcel
- Ability to Build 400 Units in TOD Area
- Located In Opportunity Zone
- One Block from Westminster Light Rail Station
- Qualifies for TOD Financing
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Residential | Total Lot Size | 4.30 AC |
| Zoning | R2 - The current Zoning is R2 and it will need to be rezoned. | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 4.30 AC |
| Zoning | R2 - The current Zoning is R2 and it will need to be rezoned. |
DESCRIPTION
Marcus and Millichap is pleased to present Lowell68 a 4.3ac parcel comprised of five smaller parcels located at the corner of 68th and Lowell in Denver, CO. Each parcel includes either a single-family home or an apartment complex. The current zoning for all parcels is R2 and will require a rezone to either TOD or PUD zoning. The feasibility studies conducted in the offering are based off the Westminster Station TOD zoning. Both Adams and Westminster County have both identified the Lowell corridor as an area of focus and put together area specific plans to guide future development. Adam’s county plan is called “Advancing Adams” was put in place September 2022. Westminster county passed the “Westminster Station Area Specific Plan”.
PROPERTY TAXES
| Parcel Number | 1825-05-2-00-064 | Improvements Assessment | $154,884 |
| Land Assessment | $21,121 | Total Assessment | $176,005 |
PROPERTY TAXES
