This 1.832-acre parcel of land offers a rare opportunity for developers and investors, with entitlements in place for the construction of 56 residential units. The approved plans include four 12-plex buildings and one 8-plex building (entitled for 56 units), all featuring spacious 2-bedroom, 2-bathroom units. This project is designed as a Class A property, complete with elevators for added convenience and luxury. This land is grandfathered into old water rights, offering a significant advantage in terms of resource access and cost-efficiency. All essential infrastructure is already complete , including parking, sidewalks and other key utilities, allowing for a streamlined development process. This prime site is ideal for those looking to capitalize on a well-entitled and fully prepared project, making it an excellent choice for a quick and profitable development.
Based on information submitted to the MLS GRID as of 2025-10-01 18:01:19 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: . Source: RECOLORADO
Provided By
Listing Agent: Natalie Kovalenko (#REC019014), Phone: 720-560-3169, Email: goldenkeyrealestate@yahoo.com
Listing Office: Golden Key Real Estate (#RECGOLD1)
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.