Entitled Multifamily Development
For Sale
$3,200,000
1899 South Acoma Street, Denver, CO 80223
Planned 42-unit multifamily site near downtown and light rail.
Property Size12,632 SF
Lot Size1.43 Acres
Price / SF$253.32
Days on Market1153
Property Features for 1899 South Acoma Street
General Information
Standard status
Active
Size
12,632 SF
Lot size
1.43 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$25,417
Listing Agency:
Rocky Mountain Commercial Associates, LLC
Listed By:
Cheryle Powell · License #100066584
(720) 330-4333
Source:
Compass
Added: Jul 11, 2023
Changed: Sep 3
Last Checked: Sep 1 at 12:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rocky Mountain Commercial Associates, LLC
Investment Insights
Based on property information with market context.
This is a fully entitled and planned 5-story multifamily development site. The site is planned for 42 units and is located just south of downtown, near the Evans Light Rail station. All necessary governmental licenses and approvals are in place, allowing a buyer to start construction in 2024 and potentially stabilize the property within approximately 18 months. Situated one block from Broadway, the site offers a location on a quieter street, while still being within walking distance of entertainment and dining options. The property size is 62155 square feet.
Key Highlights
- Fully entitled and planned 42‑unit multifamily site.
- All necessary governmental licenses and approvals in place.
- Opportunity to start construction in 2024 with stabilization in 18 months.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,525
Businesses Nearby
Explore this area
Business Placement
Demographics for 80223, CO
19,862
Population
9,532
Households
2.1
Avg Household Size
34
Median Age
46%
College-Educated
87%
High-School Grad
5.3 sq mi
ZIP Area
3,748
Density / Sq Mi
$80,461
Median Household Income
$50,567
Median Earnings
$1,650
Median Rent
$497,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Planned 42-unit multifamily site near downtown and light rail.
Where is this land located?
The property is located at 1899 South Acoma Street Denver, CO.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Fully entitled and planned 42‑unit multifamily site.; All necessary governmental licenses and approvals in place.; Opportunity to start construction in 2024 with stabilization in 18 months.
