We are pleased to present this 2.55 Acre parcel located in an excellent location in the heart of Arvada. Adjacent to the Gold Strike Light Rail Station at 60th & Sheridan, this development is currently in permitting for 40 Townhome units. These units have been efficiently designed to appeal to buyers' wants and needs while also maximizing the builders potential profitability. This site location provides easy access to Sheridan, I-76, I-70. Proximity to light rail is attractive to future buyers as well as the developer who will have decreased affordable housing fees with the City of Arvada because of the proximity within .5 miles of a light rail station.
This parcel is directly adjacent to the east of a recently successfully developed multi-family residential project that is completely sold out. Comps here point at a potential resale value of $350 PSF or more for these townhomes.
This project is 90% through entitlements and we expect to have it permit ready to break ground in November 2024. To view the Offering Memorandum please go to this website:https://ulxcommercial.com/ArvadaLand/
Lot & Building Features
SewerCity Sewer, Public Sewer
Tax Year2023
WaterCity Water
LotLevel
Price History of 5495 60th, Arvada, CO
Date
Name
Price
Difference
09/20/2024
Listing Price
$4,250,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
5495 60th (MLS #6051760) is a lot/land listing located in Arvada, CO.
This is a lot/land listing with a lot of 111,078 sqft (or 2.55 acres). This property was listed on 09/20/2024 and has been priced for sale at $4,250,000.
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Listing information courtesy of: Real Broker, LLC DBA Real