14501 E 102nd Ave - 14501 & 14701 E 102nd Ave

MMG is pleased to present 14501 & 14701 E 102nd Avenue, 12.38 acres of land located in Commerce City, CO. These properties present an exceptional multifamily development opportunity in one of the most dynamic and rapidly expanding submarkets of the Denver metro area. This premier development site offers an unparalleled blend of strategic location, robust market fundamentals, and significant growth potential.
Situated one block south of 104th Avenue, a major thoroughfare in Commerce City, this site is ideally positioned to capitalize on the area's robust economic growth and strong demographic trends. The region is experiencing a surge in demand for multifamily housing, driven by an influx of residents and limited supply of new developments - there have been only 270 multifamily units built in Commerce City in the past three years. The property encompasses around 12.38 acres with a mill levy of only 105 mills, providing flexibility for a range of multifamily rental products. Located just a few miles west of E-470, the property grants easy access to nearby amenities. A King Soopers is less than a mile north, and multiple highly rated schools are within walking distance to the east. Reunion, a beautifully designed master plan community is a 5-minute drive away including grocery, retail, restaurants, and other amenities that continue to develop.
Commerce City is recognized as a supply-constrained market with high barriers to entry, ensuring sustained demand for new residential units. The area's strong population growth, coupled with a scarcity of available land for new development, underscores the property's strategic value. This site stands to benefit from the consistent demand for high-quality multifamily housing in a market characterized by low vacancy rates and rising rental prices.
14501 & 14701 E 102nd Avenue presents a compelling multifamily development opportunity in a thriving market. With strong employment drivers, strategic location advantages, and robust market dynamics, this site is ideally positioned to meet the growing demand for high-quality residential housing in Commerce City. This opportunity represents a rare chance to develop a premier multifamily project in one of the Denver metropolitan area's most promising submarkets.