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    1319-1327 Sheridan Blvd Denver, CO 80214

    For Sale
    $320,000

    Multifamily redevelopment opportunity near Sheridan Light Rail Station and Sloan’s Lake.

    Lot size:
    0.30 Acres

    Property Features for 1319-1327 Sheridan Blvd

    General Information

    Lot size
    0.30 Acres

    Source: Carlos Valencia Agent Carlos Valencia

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakewood Multifamily Redevelopment Opportunity

    This 12,698 square foot (0.30 acres) lot presents a multifamily redevelopment opportunity in Lakewood. Zoned MGT (Mixed Use/General/Transit), the site is located along Sheridan Boulevard. The current owner is in the process of completing entitlements and has received approval from the City of Lakewood, awaiting finalized plans. The location is near the Sheridan Light Rail Station, providing access to Union Station, and is a few blocks from Sloan’s Lake, restaurants, shops, and other services. The neighboring 7,937 square foot parcel is also for sale and could be added to the assemblage. The site is suitable for constructing a three-story complex with 14 to 21 units.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -105.0534301
    Latitude
    39.7371108

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    FAQs

    What type of property is this?
    Land - Multifamily redevelopment opportunity near Sheridan Light Rail Station and Sloan’s Lake.
    Where is this land located?
    The property is located at 1319-1327 Sheridan Blvd Denver, CO.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: - Multifamily redevelopment opportunity in a highly desirable Lakewood location.; - Zoned MGT allowing for a 3-story, 14-21 unit complex.; - Located 1/2 block from the Sheridan Light Rail Station, providing quick access to Union Station.
    (303) 668-8878
    Request Owner's contact information
    1319-1327 Sheridan Blvd Denver, CO 80214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1319-1327 Sheridan Blvd Denver, CO 80214
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