Westminster Multifamily Redevelopment
For Sale
Contact for pricing
3200 West 72nd Avenue, Westminster, CO 80030
Prime redevelopment site in Westminster, Colorado, ideal for multifamily development.
Property Size9,241 SF
Lot Size0.51 Acres
Price / SF$129.86
Days on Market188
Property Features for 3200 West 72nd Avenue
General Information
Standard status
Active
Size
9,241 SF
Lot size
0.51 Acres
Property subtype
Multifamily, Retail
Building Details
Year Built
1963
Listing Agency:
Centennial Advisers
(714) 231-2537
Listed By:
Will Garrett · License #FA.100110702
Source:
Crexi
Added: Jan 29
Changed: Jul 10
Last Checked: Aug 5 at 7:05AM
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 Centennial Advisers
Investment Insights
Based on property information with market context.
Located at the signalized intersection of West 72nd Avenue and Hooker Street in Westminster, Colorado, this offering presents a multifamily redevelopment opportunity. The property includes an 8,200 square foot freestanding retail building and a 1,041 square foot single-family home. The site encompasses 22,216 square feet of Commercial Mixed Use (CMU) land. The CMU zoning permits significant density, building height, and a variety of residential and retail uses, providing flexibility for redevelopment options. The location offers excellent visibility, ample frontage, and easy access to major transportation routes, including I-25 and US 36. The highest and best use for the site is mixed-use multifamily development, permitted by-right under its CMU zoning. The site is located within an Opportunity Zone, offering potential tax incentives for redevelopment. The surrounding neighborhood features consistent pedestrian activity, schools, retail centers, and other high-traffic locations. The Westminster submarket is experiencing strong demand for quality rental housing. The property benefits from high traffic counts and a dense residential and employment base. This is a versatile investment offering significant long-term value and growth potential for multifamily, commercial, or mixed-use projects.
Key Highlights
- Prime multifamily redevelopment opportunity on 22,216 SF of Commercial Mixed Use (CMU) land.
- CMU zoning allows for significant density, building height, and a variety of residential and retail uses, permitted by‑right.
- Located in an Opportunity Zone, offering potential tax incentives for redevelopment.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
758
Businesses Nearby
Explore this area
Business Placement
Demographics for 80030, CO
15,885
Population
6,823
Households
2.3
Avg Household Size
36
Median Age
30%
College-Educated
87%
High-School Grad
2.6 sq mi
ZIP Area
6,110
Density / Sq Mi
$61,964
Median Household Income
$43,004
Median Earnings
$1,296
Median Rent
$422,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime redevelopment site in Westminster, Colorado, ideal for multifamily development.
Where is this commercial land located?
The property is located at 3200 West 72nd Avenue Westminster, CO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime multifamily redevelopment opportunity on 22,216 SF of Commercial Mixed Use (CMU) land.; CMU zoning allows for significant density, building height, and a variety of residential and retail uses, permitted by‑right.; Located in an Opportunity Zone, offering potential tax incentives for redevelopment.
