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Executive Summary
This is a fully entitled 7-unit townhome development opportunity on a shovel ready lot! Save 3 years of planning and permitting and jump right into this beautiful townhome build. This price includes final sets of city approved construction documents! These striking 3 story townhomes includes roof decks, 3 balconies, 2 car garages and average at 1700 sf each. The townhomes were designed to be able to sell or keep as rentals. Perfectly located within a mile of Olde Town Arvada and the light rail. The lot has been cleared and is ready to go!
Property Facts
| Price | $899,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.55 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $899,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.55 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $899,000 | Lot Size | 0.55 AC |
| Price Per AC | $1,634,545.45 |
| Price | $899,000 |
| Price Per AC | $1,634,545.45 |
| Lot Size | 0.55 AC |
1 1
Property Taxes
| Parcel Number | 39-142-00-046 | Improvements Assessment | $13,213 |
| Land Assessment | $19,792 | Total Assessment | $33,005 |
Property Taxes
Parcel Number
39-142-00-046
Land Assessment
$19,792
Improvements Assessment
$13,213
Total Assessment
$33,005
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5290 Balsam St
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