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9601 Federal Blvd - Holly Park Townhouse Site 5.73 Acres of Residential Land Offered at $1,500,000 in Westminster, CO 80260
INVESTMENT HIGHLIGHTS
- Approved Official Development Plan - 58 Entitled Townhomes
- 2024 Green Court Right-of-Way Improvements ~$1.2M
- Easy access to US-36 (5 minute-drive) and I-25 (6-minute drive)
- Pre-Paid Public Land Dedication Fees estimated $300k savings
- On Future Federal Boulevard Bus Rapid Transit (BRT)
- 35-minute drive to Denver International Airport (31 miles)
EXECUTIVE SUMMARY
The Westminster Economic Development Authority (WEDA) for the City of Westminster, Colorado, respectfully invites offers to purchase WEDA-owned land and construct a market-rate for sale residential project at Holly Park. Please see attached Offering Memorandum.
DATA ROOM Click Here to Access
- Offering Memorandum
- Miscellaneous
PROPERTY FACTS
| Price | $1,500,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.73 AC |
| Property Type | Land | ||
| Zoning | PUD - Planned Unit Development | ||
| Price | $1,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 5.73 AC |
| Zoning | PUD - Planned Unit Development |
1 LOT AVAILABLE
Lot
| Price | $1,500,000 | Lot Size | 5.73 AC |
| Price Per AC | $261,780.10 |
| Price | $1,500,000 |
| Price Per AC | $261,780.10 |
| Lot Size | 5.73 AC |
5.73-acres of developable land with an approved Official Development Plan for 58 townhomes.
DESCRIPTION
Holly Park is a townhome project located on Federal Blvd and 96th Ave in Westminster, CO. The 7.26-acre parcel was approved for a 70 unit townhome development in 1998 and only 12 of the units were completed and sold. 58 units remain developable on 5.73 acres. Please see attached OM for additional information.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $211,300 | Total Assessment | $211,300 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$211,300
Improvements Assessment
$0
Total Assessment
$211,300
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9601 Federal Blvd - Holly Park Townhouse Site
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