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$4,800,000
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5495 W 60th Ave
Arvada, CO 80003
Unknown bed 0 bath unknown SqFt ($0/SqFt)
2.55 acre lot.
Listed 2024-03-14, Taxes $579
Ⓧ USDA Ineligible
due to property

near Arvada

We are pleased to present this 2.55 Acre parcel located in an excellent location in the heart of Arvada.

Adjacent to the Gold Strike Light Rail Station at 60th and Sheridan, this development is currently in permitting for 40 Townhome units. These units have been efficiently designed to appeal to buyers' wants and needs while also maximizing the builders potential profitability. This site location provides easy access to Sheridan, I-76, I-70. Proximity to light rai l is attractiv to future buyers as well as the developer who will have decreased affordable housing fees with the City of Arvada because of the proximity within .5 miles of a light rail station.

This parcel is directly adjacent to the east of a recently successfully developed multi-family residential project that is completely sold out. Comps here point at a potential resale value of $350 PSF or more for these townhomes. This project is still currently in the entitlement process with permits expected mid-summer. To view the Offering Memorandum please go to this website:


Presented by Jesse Truman at
Real Broker, Westminster CO.
Listing Agent Photo

Property MLS #4705515 from REcolorado

Lot Description: Level
Lot Size Acres: 2.55
Lot Size Square Feet: 111078

Road Frontage Type: Public Road

Elementary School District: Jefferson County R-1
High School District: Jefferson County R-1
Middle or Junior School District: Jefferson County R-1

Swanson Elementary School is a public elementary school located approximately 1.1 miles away.
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Arvada High School is a public high school located approximately 1.7 miles away.
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North Arvada Middle School is a public middle school located approximately 1.8 miles away.
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Shrine Of St Anne School is a private elementary and middle school located approximately 1.3 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 824.00
Source Listing Status: Active
County: Jefferson
Directions: From Sheridan, go west on 60th
Tax Year: 2023
Source Property Type: Land
Exclusions: Current house to be demolished prior to closing
Source Neighborhood: Wellington
Parcel Number: 010288
Subdivision: Wellington
Zoning: R-24
Property Subtype: Improved Land
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$9,554 + $454
$10,008
$579
2021$9,903 + $499
$10,402
$599
2020$11,165 + $120
$11,285
$606
2019$11,165 + $120
$11,285
$598
2018$9,648 + $580
$10,228
$586
2017$9,648 + $580
$10,228
$536
2016$7,380 + $671
$8,051
$421
2015$7,380 + $671
$8,051
$426
2014$5,070 + $372
$5,442
$302
2013$5,070 + $372
$5,442
$302
2011$5,427 + $517
$5,944
$583
2009$5,427 + $517
$5,944
$549
2008$5,330 + $630
$5,960
$330
2007$6,080 + $440
$6,520
$330
2006$7,400 + $510
$7,910
$738

Listed 2024-03-14
$4,800,000
REcolorado
Sold 2023-03-15
$1,650,000
Public Record

Sewer: Public Sewer
Cable Available
Electricity Available
Natural Gas Available
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.