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Tower Road and Legato Parkway 18.19 Acres of Residential Land Offered at $9,068,800 CAD in Commerce City, CO 80022

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INVESTMENT HIGHLIGHTS

  • Legato PUD is a master-planned development in Commerce City, CO, offering residential and mixed-use commercial lots available separately or together.
  • Attached PUD zoning and development guidelines documents outline what can be built by lot. Additional due diligence docs available in the Data Room.
  • Exceptional outlook for land appreciation, the site is surrounded by new suburban developments from Meritage Homes, KB Homes, and Century.
  • Invest in a booming area as the number of households within a 5-mile radius grew by 28.8% from 2020-2024 and is projected to rise another 8% by 2029.
  • All lots have approved zoning, permitting uses such as detached and attached SFD, multifamily, office, flex, neighborhood retail, and more.
  • Priced to sell with no further entitlements. The seller expects a 75-day DD period and 30-day COE after. Buyer to assign all rights to Metro District.

EXECUTIVE SUMMARY

Gain interest in Commerce City’s blossoming commercial and residential landscape by acquiring this fully zoned and approved land lot in a vibrant master-planned community.

The Legato PUD is intended to be a cohesive, connected community for residents and visitors alike. Vehicular, pedestrian, and bicycle thoroughfares are incorporated throughout the development with community focal points, including a 25-acre school site and 10-acre neighborhood park. The developer presents the opportunity to invest in this placemaking destination with mixed-use commercial and residential lots available for purchase. The tracts all have assigned zoning designations, and new developments surrounding Legato have already begun to activate the area. This is an excellent acquisition opportunity to invest in land poised for value appreciation or begin construction immediately with a city motivated for new developments.

Legato offers fully improved pads next to the KB Homes and Century single-family developments, and the site also has unimproved pads. All the land has been fully zoned and approved – review the available lots listed here and the PUD zoning ordinance document to confirm specific tract designations.

Commerce City has been in a period of immense growth as the Denver metro continues its outward expansion. Residents are drawn here due to the city’s lower barrier of entry and access to key employment hubs. Downtown Denver is only 30 minutes from Legato, and the DIA area is the metro’s strongest industrial submarket, making this a convenient location for a broad range of consumers and residents. Workforce connectivity supports a robust annual average household income of roughly $140,000 within a 3-mile radius. The land’s outlook for appreciation is highly optimistic as the city’s commercial real estate market is seeing upward trends among a wide range of indicators. Overall commercial rents in Commerce City rose by approximately 23% from 2020 to 2025 with cap rates hitting a 10-year high in Q2 2025.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $9,068,800 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Mixed Use
  • Planned Unit Development
  • Single Family Development
Total Lot Size 18.19 AC
Zoning PUD - Planned Unit Development

1 LOT AVAILABLE

Lot L

Price $9,068,800 CAD
Price Per AC $498,559.65 CAD
Lot Size 18.19 AC

Mixed-use 70 to 30 residential/commercial lot, see PUD zoning document in the DATA ROOM for more info on what can be built. The builder must get and pay for a building plans approval by architectural company KGA prior to submitting to C3.-

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1723-22-2-02-001
Land Assessment
$1,046 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,046 CAD
  • Listing ID: 36800563

  • Date on Market: 2025-07-18

  • Last Updated:

  • Address: Tower Road and Legato Parkway, Commerce City, CO 80022

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