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2500 S Valley Hwy Denver, CO 80222
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Key Details
Sold Price $650,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision High Lynn Heights Area-0207
MLS Listing ID 7458183
Sold Date 06/12/20
HOA Y/N false
Originating Board REcolorado
Annual Tax Amount $2,894
Lot Size 0.610 Acres
Acres 0.61
Property Description
This 26,484sqft (0.61 acres) R-3 zoned lot, backs to the Highline Canal, is in the Cherry Creek school district, and is walking distance to the Yale RTD Park-N-Ride station. The lot is under the jurisdiction of Unincorporated Arapahoe County. The seller has proposed to build 12-14 townhome-style residences with 2-car attached garages, though the lot provides several different options to a developer who seeks to create townhome-style or other types of multifamily housing, assisted living, church/religious entity, school, etc. Included in the sale (currently on the lot), is a 2,800sqft (all above grade) fully remodeled 7b, 3ba single-family house and is fully furnished including with a high-end kitchen, two refrigerators, a 6-burner convection stove, two gas fireplaces, and a large communal living space. This was previously rented as an income property and produced $5,000/month in revenue.
Location
State CO
County Arapahoe
Area Metro Denver
Zoning R-3
Direction If using google maps, rout first to the yale rtd. station, then take the service road off if I-25 to the property.
Rooms
Other Rooms Outbuildings
Exterior
Garage Spaces 3.0
Fence Partial
Utilities Available Natural Gas Available, Electricity Available
Waterfront false
Street Surface Gravel
Building
Sewer City Sewer, Public Sewer
Water City Water
New Construction false
Schools
School District Cherry Creek 5
Others
Senior Community false
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Bought with Your Castle Realty LLC
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