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Land For Redevelopment In Arvada 10815 West 72nd Avenue, Arvada, CO 80005
Property Description
Ideal Opportunity for Multi-Property Redevelopment:
Whether you're an investor or developer, this is a fantastic opportunity to capitalize on the growing demand for housing in this highly desirable area. This nearly 2.5-acre property near 72nd Ave and Kipling St is zoned R-6, offering excellent potential for multi-property redevelopment. Rent out the 3 bedroom, 2 bath single-family residence for income while you make your plans.
Located within a 2-mile radius where the average household income is $116,635, this site offers an excellent foundation for residential projects that cater to discerning buyers. Most homes in the area are valued between $500,000 and $1 million, making this location an attractive option for both high-end and moderately priced developments.
The average year-to-date home sales price is $676,228 with properties closing at 99.9% of their listing price-highlighting strong demand. It's clear that Arvada continues to be a sought-after city for homeowners. Don’t miss your chance to create a profitable, multi-unit development in this thriving market!
Full Address: 10815 West 72nd Avenue, Arvada, CO 80005
Listing Type: FOR SALE
Status: Active
Zoning: R-6
Region: W-WM
County: Jefferson County
Use Type: Residential
Property ID: 4052249
Has Water: Yes
Has Electric: Yes
Has Gas: Yes
Building Sf: 1104
Number Buildings: 2
Free Standing: Yes