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1220-1250 Ames St
Lakewood, CO 80214
Land For Sale · 0.60 AC

Investment Highlights

  • Directly adjacent to the Sheridan Light Rail Station, offering excellent public transit access.
  • The site can support approximately 20 townhomes or 140 multifamily units, providing flexibility in development options.
  • High visibility from Sheridan Boulevard with over 33,000 vehicles passing per day, ensuring strong exposure.
  • High-density residential zoning (M-G-T) with a 90-foot height limit, allowing for significant vertical development.
  • Located within a QCT, potentially qualifying for federal tax incentives and other benefits.
  • Currently includes four existing single-family homes, offering interim rental income or potential for phased development.

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Planned Unit Development
Total Lot Size 0.60 AC
No. Stories 1
Zoning M-G-T - M-G-T

Description

Proximity to Transit: Directly adjacent to the Sheridan Light Rail Station, offering excellent public transit access. Zoning: High-density residential zoning (M-G-T) with a 90-foot height limit, allowing for significant vertical development. Development Potential: The site can support approximately 20 townhomes or 140 multifamily units, providing flexibility in development options. Qualified Census Tract (QCT): Located within a QCT, potentially qualifying for federal tax incentives and other benefits. Visibility: High visibility from Sheridan Boulevard with over 33,000 vehicles passing per day, ensuring strong exposure. Covered Land Opportunity: Currently includes four existing single-family homes, offering interim rental income or potential for phased development.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 49-011-14-003
  • 49-011-14-004
  • 49-011-14-001
  • 49-011-14-002
Land Assessment
$43,269
Improvements Assessment
$48,189
Total Assessment
$91,458
  • Listing ID: 32892676

  • Date on Market: 8/20/2024

  • Last Updated:

  • Address: 1220-1250 Ames St, Lakewood, CO 80214

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