$1,135,000
MAJOR PRICE DROP. $375,320 Price Reduction. Motivated Seller Re-Priced For Immediated Action. Premium Infill-Shovel-Ready & Transit-Adjacent Devoplment Opportunity. Capitalize on this high-value, 35,960 sq. ft. infill development site located in a prime, highly accessible Lakewood corridor. Boasting highly desirable mixed-Use residential urban zoning and situated in a Federal Opportunity Zone, offersing unparalleled flexibility, exceptional transit connectivity, and significant tax advantages.
Investment Highlights:
* Generous Base Footprint: 35,960 square feet of prime infill land ready for development.
* Transit-Oriented Location: Situated just 0.6 miles from the Oak Street RTD Light Rail station, making it ideal for commuter-focused residential, schools, religious space, or wireless communications facility.
* Shovel-Ready Site: Utilities are already at the street, drastically reducing your pre-development timeline.
* Flexible M-R-U Zoning: Allows for high-density, 6-story multifamily, wireless communication facility, schools, religious.
* Opportunity Zone Benefits: Located in a QCT (Qualified Census Tract) and eligible for preferential federal tax treatment.
* Bonus Square Footage Potential: Potential to expand the site by an additional 12,155 sq. ft. (bringing the total footprint to over 48,000 sq. ft.) by vacating the undeveloped adjacent northern Right-of-Way (R.O.W.). Note on R.O.W. Expansion: Vacation of the northern R.O.W. is subject to City of Lakewood approval and the mutual concurrence of the three adjoining parcel owners.
Development & Zoning Details
* Site Size: 35,960 sq. ft. (0.83 Acres)
* Zoning Designation: M-R-U (Mixed-Use Residential Urban)
* Location: Lakewood, CO (Near 13th Avenue & Oak Street corridor)
* Infrastructure: Immediate utility access at street level
* Located within Special Flood Hazard Zone AE. The site is fully developable subject to meeting standard City of Lakewood engineering and building requirements.
6352681
MLS
⋅
ACTIVE
Status
1445 Miller St, Lakewood
