$1,600,000

Exceptional Infill Development Opportunity In Vibrant Corridor

  • Updated: Yesterday
  • MLS#4891617

About the Property

7100 and 7150 W 12th Avenue present a rare portfolio redevelopment opportunity consisting of two adjacent parcels in Lakewoods rapidly evolving West Corridor. Located near the LakewoodWadsworth RTD Station, the combined approximately 0.74-acre site offers a compelling transit-oriented development opportunity with the entitlement process already underway for a proposed 21-unit townhome community. I
7100 and 7150 W 12th Avenue present a rare portfolio redevelopment opportunity consisting of two adjacent parcels in Lakewoods rapidly evolving West Corridor. Located near the LakewoodWadsworth RTD Station, the combined approximately 0.74-acre site offers a compelling transit-oriented development opportunity with the entitlement process already underway for a proposed 21-unit townhome community. Initial submittals have been completed with the City of Lakewood, providing a meaningful head start and the potential to accelerate development timelines compared to a traditional ground-up entitlement process. The portfolio benefits from a highly accessible infill location with convenient connectivity to Downtown Denver, Union Station, Sloans Lake, West Colfax, Highlands Square, LoHi, and other major residential, employment, and entertainment districts. Proximity to US-6, Wadsworth Boulevard, and the W Line light rail further enhances regional accessibility and commuter convenience. The sites transit-oriented positioning, coupled with continued public and private investment throughout the West Colfax and Lakewood corridors, supports its long-term residential development potential. Both parcels are currently improved with income-producing single-family residences with established rental histories, offering the opportunity for interim cash flow during planning, entitlement, and pre-construction. Additionally, the property is located within a federally designated Opportunity Zone, potentially providing qualified investors with applicable tax advantages. With its combination of entitlement progress, existing income, transit-oriented location, Opportunity Zone designation, and attainable development scale, 7100 and 7150 W 12th Avenue offer a compelling opportunity for developers, investors, and residential builders seeking a well-positioned infill project within the Denver metropolitan area.
  • Property type

    Land

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7150 12th Denver CO 80214 USA, Lakewood, Colorado, United States View on Google Maps
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Michael Csrnko

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Michael Csrnko
Colorado, United States
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Kentwood Real Estate
Kentwood Real Estate
4949 S. Niagara Street, 80237, Denver, Colorado, United States
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Kentwood Real Estate is an elite team of REALTORS® whose exceptional service, local expertise and deep community

Kentwood Real Estate is an elite team of REALTORS® whose exceptional service, local expertise and deep community roots create a market advantage for clients.

From the beginning, Kentwood has been built on the foundation of broker excellence. Only the most professional, ethical and knowledgeable top-producing real estate agents are selected to be affiliated with the esteemed brand. Founded as The Kentwood Company in 1981 to represent a discerning clientele, the firm’s original office opened in the Denver Tech Center. In 1998, Kentwood opened its Cherry Creek office and then its downtown location the following year. In 2018, Kentwood expanded its footprint to Northern Colorado with the addition of their Fort Collins office.

Kentwood is a member of Luxury Portfolio International® and Leading Real Estate Companies of the World®, the largest global network of premier locally branded companies dominated by many of the world’s most powerful top-tier independent brokerages. The organization’s network spans 70 countries and includes more than 130,000 real estate professionals who sell more property than any of the large national brands. Active and respected in the real estate industry, Kentwood Real Estate has a significant number of brokers who serve on committees and the Board of Directors for local, state and national associations including the Denver Metro Association of REALTORS®, Colorado Association of REALTORS®, and the National Association of REALTORS®.

At the core, Kentwood is built on the foundation of supporting local community. The company and individual brokers are passionate in their ongoing commitment to supporting organizations that aid those in need, such as HomeAid Colorado for which Kentwood CEO and president, Gretchen Rosenberg, sits on the Board of Directors. Kentwood brokers hold themselves to the highest standard in the real estate industry and remain committed to helping clients, and each other, successfully reach their goals. Kentwood brokers are family and, as soon as you work with one, so are you.

Last updated
Yesterday
First listed
Aug 23
Listing reference
cdaa0c90-9d54-11f1-831f-6045bdd61ac4
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