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East 88th Ave & Hopkins Dr - E 88th Ave & Hopkins Dr - Land

1.86 Acres of Commercial Land Offered at $400,000 in Thornton, CO 80229

Investment Highlights

  • High Density Multi-Family Residential District
  • Multi-Family Properties in the E 88th Corridor Submarket are currently posting a 5.4% vacancy rate
  • Less than 8% of the existing multi-family units in the E 88th Corridor Submarket were built since 2014

Executive Summary

Unique Properties is pleased to present this 1.86 Acres lot situated centrally along E 88th Avenue. Just blocks from I-25 and I-76, this R-3 zoned lot allows for up to 24 units per acre of residential units. Between the Thornton and Welby submarkets, E 88th Ave provides proximity to several of the area’s schools, medical centers, a strong retail/ amenity base and within walking distance of the original Thornton & 88th station. This site presents an opportunity for those looking to capitalize on potential future growth and development in these growing submarkets.

Property Facts

Price $400,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.86 AC

1 Lot Available

Lot

Price $400,000
Price Per AC $215,054
Lot Size 1.86 AC

1.86 Acres lot situated centrally along E 88th Avenue.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1719-26-1-03-037
Land Assessment
$10,880
Improvements Assessment
$0
Total Assessment
$10,880

zoning

Zoning Code R-3 (allows for up to 24 units per acre of residential units)
R-3 (allows for up to 24 units per acre of residential units)
  • Listing ID: 31754122

  • Date on Market: 5/9/2024

  • Last Updated:

  • Address: East 88th Ave & Hopkins Dr, Thornton, CO 80229

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