Search
Development Opportunity Near Olde Town
For Sale
$599,000

5230 Balsam Street, Arvada, CO 80002

R-13 zoned lot near shopping, dining, and light rail.

Property SizeContact for details
Days on Market150

Property Features for 5230 Balsam Street

General Information

Standard status Active
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $3,061

Amenities

110V
Oversized
Listing Agency: KELLER WILLIAMS ADVANTAGE REALTY LLC
Listed By: RODNEY GALLEGOS · License #100070677
Source: Corcoran
Added: Apr 2 Changed: Aug 8 Last Checked: Aug 29 at 9:54AM

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 KELLER WILLIAMS ADVANTAGE REALTY LLC

Investment Insights

Based on property information with market context.

This property presents a development opportunity situated 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. This property 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 and development possibilities, as well as completing all due diligence. The location is in a high-demand corridor.

Key Highlights

  • Prime development opportunity near Olde Town Arvada.
  • R‑13 zoning allows for multi‑family project.
  • Located in a desirable and rapidly growing area.

Property Analytics

Current Use

Residential land & home ...

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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - R-13 zoned lot near shopping, dining, and light rail.
Where is this residential land & home lot located?
The property is located at 5230 Balsam Street 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 near Olde Town Arvada.; R‑13 zoning allows for multi‑family project.; Located in a desirable and rapidly growing area.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message