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1899 S Acoma St - Development - Up to 113 units 0.29 Acres of Commercial Land Offered at $3,200,000 in Denver, CO 80223
INVESTMENT HIGHLIGHTS
- Three blocks from Light Rail Station
- Roof Top Patio
- Completed- City & County of Denver Planning & Building Process
- Demographics over $114,000 annual income within one mile
- Mezzanines to bring the outdoors in
- Completed- Soft Cost
EXECUTIVE SUMMARY
Sperry, Rocky Mountain Commercial is pleased to present SoBo 42. A fully entitled and planned, 5-story 42-unit multifamily site located just south of downtown and near the Evans Light rail station. This distinctive development has all necessary governmental licenses and approvals, allowing a buyer the opportunity to start construction in 2026 and to stabilize in as little as 18 months. The site is one block off of Broadway and is on a quieter street, yet walking distance to entertainment and dining.
Fully Entitled Site - Exceptional opportunity to acquire Denver land that comes with SDP’s, approvals, permits, and everything needed to start construction immediately.
Proposed Additional Units/Stories - 68 units at 5 stories or 113 Units at 8 stories
Light Rail in Walking Distance – Quick Access to downtown Denver and the entire metroplex means increased potential for investors.
Significant decrease in time to Stabilization – With all planning and approvals done, as well as soft costs paid
Fully Entitled Site - Exceptional opportunity to acquire Denver land that comes with SDP’s, approvals, permits, and everything needed to start construction immediately.
Proposed Additional Units/Stories - 68 units at 5 stories or 113 Units at 8 stories
Light Rail in Walking Distance – Quick Access to downtown Denver and the entire metroplex means increased potential for investors.
Significant decrease in time to Stabilization – With all planning and approvals done, as well as soft costs paid
PROPERTY FACTS
| Price | $3,200,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.29 AC |
| Zoning | CMX-5 | ||
| Price | $3,200,000 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.29 AC |
| Zoning | CMX-5 |
1 LOT AVAILABLE
Lot
| Price | $3,200,000 | Lot Size | 0.29 AC |
| Price Per AC | $11,227,715.62 |
| Price | $3,200,000 |
| Price Per AC | $11,227,715.62 |
| Lot Size | 0.29 AC |
1899 S Acoma St. is in Denver Colorado just south of downtown and on the on the border of the Platt Park and Overland neighborhoods. The average annual income is $114,000, this area continues to exceed the average population growth in the metro area.
DESCRIPTION
Fully Entitled Site: Opportunity to acquire Denver land that comes with full plans, approvals, CD’s, and everything else needed to break ground immediately.
1 1
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 5226-16-032 | Improvements Assessment | $5,360 |
| Land Assessment | $346,490 | Total Assessment | $351,850 |
PROPERTY TAXES
Parcel Number
5226-16-032
Land Assessment
$346,490
Improvements Assessment
$5,360
Total Assessment
$351,850
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1899 S Acoma St - Development - Up to 113 units
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