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    1571 Sheridan Blvd Denver, CO 80214

    For Sale
    $750,000

    Single-family home on three lots, redevelopment opportunity near Sloan Lake.

    Property size:
    1,994 SF

    Property Features for 1571 Sheridan Blvd

    General Information

    Standard status
    Active
    Size
    1,994 SF

    Building Details

    Year built
    2004

    Source: KELLER WILLIAMS REALTY URBAN ELITE Agent WIN KING

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

    Overview

    Lakewood Home on Three Lots

    This well-maintained single-family home is situated on three platted lots in the Edgewood area of northeast Lakewood. The property's proximity to Sloan Lake presents an opportunity for home buyers and investors interested in future redevelopment. The R-MF zoning provides flexibility for various housing options, including single-family homes with accessory dwelling units, group homes, and multi-family developments such as townhomes, micro-apartments, or small apartment complexes. Zoning allowances are subject to height limits, setbacks, and other restrictions. R-MF Zoning permits some commercial uses including home businesses. Located near the border of Denver and Lakewood, the property benefits from its location just blocks from Sloan Lake Park, numerous restaurants, and an Alamo Drafthouse movie theater in the Sloan's redevelopment in Denver, as well as Edgewater's restaurants and shops at Edgewater Marketplace, along with neighborhood staples like Ace Hardware, King Soopers and Target. The property offers excellent walkability, bike-friendly streets, and good public transit options. The property size is 1994 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Erica Archuleta Church Green House Cleaning ... House Cleaning Service

    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
    -105.0536062
    Latitude
    39.6882125

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    FAQs

    What type of property is this?
    Residential land & home lot - Single-family home on three lots, redevelopment opportunity near Sloan Lake.
    Where is this residential land & home lot located?
    The property is located at 1571 Sheridan Blvd Denver, CO.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - R-MF zoning allows for diverse development options: single-family homes with ADUs, group homes, or multi-family developments.; - Located on three platted lots in Edgewood, offering potential for future redevelopment.; - Close proximity to Sloan Lake Park, restaurants, and entertainment in Sloan's Lake and Edgewater.
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    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
    1571 Sheridan Blvd Denver, CO 80214
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