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5401 W 10th Ave
Lakewood, CO 80214
Land For Sale · 1.19 AC

Investment Highlights

  • Located within 900 feet of the Sheridan Light Rail Station

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 1.19 AC
No. Stories 1
Opportunity Zone Yes
Zoning M-R-T - The M-R-T district allows for mix-use multifamily development with a minimum density of 40 units/ acre and height limit of 4 to 7 stories.

1 Lot Available

Lot

Price $2,857,071 CAD
Price Per AC $2,400,899.99 CAD
Lot Size 1.19 AC

The property has 110 feet of frontage on both W 10th and W 11th Avenues providing for multiple access points. The site is mostly level and at street grade with 10th Ave., then slopes down to meet 11th Ave. Total depth is 496 feet.

Description

5401 W 10th Avenue is an exceptional TOD development opportunity to introduce new housing in an area stabilized by a number of recently completed and stabilized developments, as well as, two new developments slated to start later this year. The 55,022.70 square foot (gross) site is suitable for mixed-use residential developments with a minimum of 30 units per acre and a height limit of 4 to 7 stories. The developments immediately adjacent to the property cap put at 5 stories, so there is an opportunity to capture some panoramic vista from Downtown Denver to the entire front range. The property has frontage on both W 10th and W 11th Avenues providing multiple access points. While the site is mostly level and at street grade with 10th Avenue is slopes down to meet 11th Avenue along Lakewood Dry Gultch. The site has 110 feet of frontage on both W 10th and W 11th Avenues with a depth of 496 feet.

Property Taxes

Property Taxes

Parcel Number
49-011-00-094
Land Assessment
$32,243 CAD
Improvements Assessment
$36,048 CAD
Total Assessment
$68,291 CAD
  • Listing ID: 34905175

  • Date on Market: 2025-02-21

  • Last Updated:

  • Address: 5401 W 10th Ave, Lakewood, CO 80214

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