1445 Miller St, Lakewood, CO 80215

$1,510,320

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List Price
$1,510,320
Status
ACTIVE
MLS#
6352681
Region
Metro Denver
Subdivision
Idlewild

Property Description

Premium Infill Development Opportunity | Shovel-Ready & Transit-Adjacent. Capitalize on this high-value, 35,960 sq. ft. shovel-ready infill development site located in a prime, highly accessible Lakewood corridor. Boasting highly desirable M-R-U (Mixed-Use Residential Urban) zoning and situated in a Federal Opportunity Zone, this property offers developers unparalleled flexibility, exceptional transit connectivity, and significant tax advantages. Key Investment Highlights: * Generous Base Footprint: 35,960 square feet of prime infill land ready for development. * Transit-Oriented Location: Situated just 0.6 miles from the Oak Street RTD Light Rail station, making it ideal for commuter-focused residential, schools, religious space, or wireless communications facility. * Shovel-Ready Site: Utilities are already at the street, drastically reducing your pre-development timeline. * Flexible M-R-U Zoning: Allows for high-density, multifamily housing, wireless communication facility, schools, and religious. * Opportunity Zone Benefits: Located in a QCT (Qualified Census Tract) and eligible for preferential federal tax treatment, maximizing your long-term ROI. * Bonus Square Footage Potential: Potential to expand the site by an additional 12,155 sq. ft. (bringing the total footprint to over 48,000 sq. ft.) by vacating the undeveloped adjacent northern Right-of-Way (R.O.W.). Note on R.O.W. Expansion: Vacation of the northern R.O.W. is subject to City of Lakewood approval and the mutual concurrence of the three adjoining parcel owners. Development & Zoning Details * Site Size: 35,960 sq. ft. (0.83 Acres) * Zoning Designation: M-R-U (Mixed-Use Residential Urban) * Location: Lakewood, CO (Near 13th Avenue & Oak Street corridor) * Infrastructure: Immediate utility access at street level * Flood Zone Status: Located within Special Flood Hazard Zone AE. The site is fully developable subject to meeting standard City of Lakewood engineering and building requirements.

Additional Information

Taxes
$22,543
School District
Jefferson Dist R-1
Utilities
Electricity Available
Zoning
M-R-U

Listing courtesy of Thomas Shockcor.

tshockcor@shockcor.com,720-937-4403

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