Listing Agency: Keller Williams Advantage Realty LLC Show Phone

Listed By: RODNEY GALLEGOS · License #100070677 Show Phone

Source: Corcoran

Added: Apr 2 Changed: Oct 25 Last Checked: Jul 16 at 6:59AM

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Investment Insights

Based on property information with market context.

This property presents a development opportunity located minutes from Olde Town Arvada. Zoned R-13, the lot offers potential for a multi-family project. The location is near shopping, dining, and light rail, as well as the attractions of Olde Town. It may be suitable for investors or developers seeking to capitalize on rental demand and neighborhood growth. The property is sold as-is, and the buyer is responsible for verifying zoning, development possibilities, and due diligence. This property is located in a high-demand corridor.

Key Highlights

• Prime development opportunity in a rapidly growing, desirable location.
• R‑13 zoning allows for multi‑family project development.
• Minutes from Olde Town Arvada's shopping, dining, and charm.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service Food Market Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

976

Businesses Nearby

Explore this area Business Placement

Demographics for 80002, CO

20,267

Population

9,960

Households

2

Avg Household Size

37

Median Age

46%

College-Educated

90%

High-School Grad

6.5 sq mi

ZIP Area

3,118

Density / Sq Mi

$92,827

Median Household Income

$55,044

Median Earnings

$1,733

Median Rent

$538,900

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - R-13 zoned lot near Olde Town Arvada.

Where is this residential land & home lot located?

The property is located at 5230 Balsam Arvada, CO.

What is the asking price?

The asking price for this property is $599,000.

What are key features of this property?

This property features: Prime development opportunity in a rapidly growing, desirable location.; R‑13 zoning allows for multi‑family project development.; Minutes from Olde Town Arvada's shopping, dining, and charm.