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1445 Miller St 0.83 Acres of Residential Land Offered at $1,510,320 in Lakewood, CO 80215
Investment Highlights
- • Generous Base Footprint: 35,960 square feet of prime infill land ready for development.
- • Shovel-Ready Site: Utilities are already at the street, drastically reducing your pre-development timeline.
- • Opportunity Zone Benefits: Eligible for preferential federal tax treatment, maximizing your long-term ROI.
- • Transit-Oriented Location: Situated just 0.6 miles from the Oak Street RTD Light Rail station, making it ideal for commuter-focused residential
- • Flexible M-R-U Zoning: Allows for high-density, pedestrian-oriented multifamily housing, wireless communications facility, schools, or religious
- • 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.)
Executive Summary
Premium Infill Development Opportunity | Shovel-Ready & Transit-Adjacent
Capitalize on this high-value, 35,960 sq. ft. shovel-ready infill development site located in a prime, highly accessible Lakewood corridor. Boasting highly desirable M-R-U (Mixed-Use Residential Urban) zoning and situated in a Federal Opportunity Zone, this property offers developers unparalleled flexibility, exceptional transit connectivity, and significant tax advantages.
Key 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, wireless communications facility, schools, or religious space.
• Shovel-Ready Site: Utilities are already at the street, drastically reducing your pre-development timeline.
• Flexible M-R-U Zoning: Allows for high-density, pedestrian-oriented multifamily housing, wireless communications facility, schools, or religious space.
• Opportunity Zone Benefits: Eligible for preferential federal tax treatment, maximizing your long-term ROI.
• 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.).*
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
• Flood Zone Status: Located within Special Flood Hazard Zone AE. The site is fully developable subject to meeting standard City of Lakewood engineering and building requirements.
________________________________________
* 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.
Capitalize on this high-value, 35,960 sq. ft. shovel-ready infill development site located in a prime, highly accessible Lakewood corridor. Boasting highly desirable M-R-U (Mixed-Use Residential Urban) zoning and situated in a Federal Opportunity Zone, this property offers developers unparalleled flexibility, exceptional transit connectivity, and significant tax advantages.
Key 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, wireless communications facility, schools, or religious space.
• Shovel-Ready Site: Utilities are already at the street, drastically reducing your pre-development timeline.
• Flexible M-R-U Zoning: Allows for high-density, pedestrian-oriented multifamily housing, wireless communications facility, schools, or religious space.
• Opportunity Zone Benefits: Eligible for preferential federal tax treatment, maximizing your long-term ROI.
• 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.).*
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
• Flood Zone Status: Located within Special Flood Hazard Zone AE. The site is fully developable subject to meeting standard City of Lakewood engineering and building requirements.
________________________________________
* 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.
Property Facts
1 Lot Available
Lot
| Price | $1,510,320 | Lot Size | 0.83 AC |
| Price Per AC | $1,829,520.02 |
| Price | $1,510,320 |
| Price Per AC | $1,829,520.02 |
| Lot Size | 0.83 AC |
LOTS 1 AND 2 AND THE EAST 41.30 FEET OF LOT 3, BLOCK 9, SECOND RESUBDIVISION OF IDLEWILD, COUNTY OF JEFFERSON, STATE OF COLORADO. A.K.A. 1445 Miller Street Lakewood, CO 80215
Description
35,960 sq. ft. shovel-ready level infill development site located in a prime, highly accessible Lakewood corridor. Located within Special Flood Hazard Zone AE. The site is fully developable subject to meeting standard City of Lakewood engineering and building requirements. 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.). Vacation of the R.O.W. is subject to City of Lakewood approval and the mutual concurrence of the three adjoining parcel owners.
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Fairly walkable
50/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 49-041-03-007 | Improvements Assessment | $0 |
| Land Assessment | $246,645 | Total Assessment | $246,645 |
Property Taxes
Parcel Number
49-041-03-007
Land Assessment
$246,645
Improvements Assessment
$0
Total Assessment
$246,645
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1445 Miller St