Overview
Commerce City Land Opportunity
This commercial infill opportunity is located near the 65-acre Urban Renewal project at Mile High Greyhound Park. The property consists of an assemblage of five adjacent lots, offering the flexibility to develop them as one large project or five individual sites. The combined total land area is 1.24 acres, equivalent to 54,014 square feet. Zoned C-3 in Commerce City and located in the Adams County Opportunity Zone, the property is situated in a growing area with numerous commercial and residential projects underway. The Greyhound Park development is projected to add over 1,000 new housing units, 40,000 square feet of new retail space, and a 122-room hotel. The land is currently unimproved and lacks utilities, water, and sewer. The 2022 combined annual property taxes for all five lots were $4,839. The zoning allows for an extensive number of uses by right, including bars, taverns, night clubs, brewpubs, catering services, restaurants with drive-thru, banks, convenience stores, liquor stores, coffee shops, veterinary offices, fuel sales with minor vehicle repair, massage therapy offices, bingo establishments, movie theaters, health clubs, retail stores, tattoo parlors, automobile washing facilities, hotels, microbreweries, medical marijuana centers, trailer sales and service, event centers, child care centers, churches, assisted living facilities and nursing homes.
