$ 2,300,000
1220 Ames ST Lakewood, CO 80214
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$ 2,300,000
Est. payment | /mo
0.58 Acres Lot
$ 2,300,000
Est. payment | /mo
0.58 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Sheridan
MLS Listing ID 7641110
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $7,871
Tax Year 2023
Lot Size 0.580 Acres
Acres 0.58
Property Description
Please note, this listing includes 1220, 1230, 1240, & 1250 Ames Street parcels. We are also listing along with 1305-1341 Chase Street, but the development sites are available to purchase separately as well.
The Ames Street and Chase Street Development Sites in Lakewood, CO, present a prime investment opportunity for commercial real estate developers seeking high-density residential projects. Conveniently located adjacent to the Sheridan Light Rail Station, these sites offer unparalleled access to public transit and local amenities. The Ames Street Site, spanning 0.58 acres, is zoned M-G-T with a 90-foot height limit, supporting approximately 20 townhomes or 140 multifamily units. Both sites are within a Qualified Census Tract (QCT), potentially qualifying for federal tax incentives, and provide covered land opportunities with existing residential properties generating interim rental income. These development sites are available for purchase together or separately, offering flexible investment options to capitalize on Lakewood's growing residential demand.
The Ames Street and Chase Street Development Sites in Lakewood, CO, present a prime investment opportunity for commercial real estate developers seeking high-density residential projects. Conveniently located adjacent to the Sheridan Light Rail Station, these sites offer unparalleled access to public transit and local amenities. The Ames Street Site, spanning 0.58 acres, is zoned M-G-T with a 90-foot height limit, supporting approximately 20 townhomes or 140 multifamily units. Both sites are within a Qualified Census Tract (QCT), potentially qualifying for federal tax incentives, and provide covered land opportunities with existing residential properties generating interim rental income. These development sites are available for purchase together or separately, offering flexible investment options to capitalize on Lakewood's growing residential demand.
Location
State CO
County Jefferson
Zoning M-G-T
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Septic Tank
Schools
School District Jefferson County R-1
Others
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Capstone Apartment Partners, LLC • ariddle@capstone-companies.com
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
10754 Belle Creek Blvd Suite 101, City, CO, 80640, United States