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9580 W 14th Ave - 9580-9590 W 14th Ave
0.54 Acres of Commercial Land Offered at $1,300,000 in Lakewood, CO 80215
Investment Highlights
- Two small office building portfolio with immediate opportunity for a user/owner.
- Over 23,000 SF lot with flexible development opportunity.
- Located less then ½ mile from Garrison Light Rail Station (W-Line)
- High-density residential zoning (M-N-U) with a 45-foot height limit, allowing for significant vertical development.
- Currently includes income producing office buildings to generate income while entitling the land for development.
Executive Summary
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $1,300,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.54 AC |
| Property Type | Land |
| Price | $1,300,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.54 AC |
1 Lot Available
Lot
| Price | $1,300,000 | Lot Size | 0.54 AC |
| Price Per AC | $2,407,407 |
| Price | $1,300,000 |
| Price Per AC | $2,407,407 |
| Lot Size | 0.54 AC |
Currently includes income producing office buildings to generate income while entitling the land for development.
Description
Owner User Opportunity: Two small office building portfolio with immediate opportunity for a user/owner. Zoning: High-density residential zoning (M-N-U) with a 45-foot height limit, allowing for significant vertical development. Development Potential: Over 23,000 SF lot with flexible development opportunity. Covered Land: Currently includes income producing office buildings to generate income while entitling the land for development. Transit Oriented Development Opportunity: Located less then ½ mile from Garrison Light Rail Station (W-Line)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $112,040 (2023) | |
| Land Assessment | $120,981 (2023) | Total Assessment | $233,021 (2023) |
PROPERTY TAXES
zoning
| Zoning Code | M-N-U (Commercial) |
| M-N-U (Commercial) |
Presented by
9580 W 14th Ave - 9580-9590 W 14th Ave
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