Residential Land For Sale

Picture of Residential Land For Sale in Lakewood, Colorado, United States

$2,300,000

1220 Ames St
Lakewood, Colorado, United States

Listed By: Realtyww Info

Listed On: 08/23/2024

Listing ID: GL11468939 View More Details

Description

Please note, this listing includes 1220, 1230, 1240, and 1250 Ames Street parcels. We are also listing along with 1305-1341 Chase Street, but the development sites are available to purchase separately as well. The Ames Street and Chase Street Development Sites in Lakewood, CO, present a prime investment opportunity for commercial real estate developers seeking high-density residential projects. Conveniently located adjacent to the Sheridan Light Rail Station, these sites offer unparalleled access to public transit and local amenities. The Ames Street Site, spanning 0.58 acres, is zoned M-G-T with a 90-foot height limit, supporting approximately 20 townhomes or 140 multifamily units. Both sites are within a Qualified Census Tract (QCT), potentially qualifying for federal tax incentives, and provide covered land opportunities with existing residential properties generating interim rental income. These development sites are available for purchase together or separately, offering flexible investment options to capitalize on Lakewood's growing residential demand.

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Listed by: Adam Riddle