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Three-Parcel Residential Land Assemblage
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5245 Grove St & 3292 W 53rd Ave, Denver, CO 80221

Opportunity to acquire three residential parcels individually or together, with R-2 zoning permitting single-family and duplex development.

Property SizeContact for details
Days on Market70

Property Features for 5245 Grove St & 3292 W 53rd Ave

General Information

Standard status Active
Property subtype Land
Zoning R-2
Listing Agency: Unique Properties LLC
Listed By: Rachel Colorosa, CCIM · License #100066476
Source: Tcnworldwide
Added: Jun 2 Changed: Aug 8 Last Checked: Jul 16 at 2:32AM

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 Unique Properties LLC

Investment Insights

Based on property information with market context.

Offering three separate residential parcels for purchase individually or as a combined assemblage, this unique land opportunity is positioned just north of Regis University near the intersection of W. 53rd Ave. and Federal Blvd. Two of the parcels are contiguous, including 3292 W. 53rd Ave. and the adjacent lot, which can be assembled for approximately 22,174 SF. The third parcel sits on the next block and may be acquired separately or added to the assemblage.

Adams County R-2 zoning is in place, allowing for single-family and duplex development. In addition, the offering presents the potential for future R-3 zoning opportunity, which may broaden development options in this North Denver location.

This setup is well suited for buyers looking to control multiple parcels for a flexible development plan, whether targeting single-family and duplex uses under current zoning or holding the assemblage for possible future R-3 changes. The ability to purchase all or part of the offering provides options for developers, investors, and end users seeking land with near-term and longer-horizon potential.

Key Highlights

  • Three residential parcels available for purchase individually or as a combined assemblage near Regis University
  • Two contiguous parcels at 3292 W. 53rd Ave. plus the adjacent lot can be assembled for approximately 22,174 SF
  • Third parcel is located on the next block and may be acquired separately or with the assemblage

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Pharmacy Food Market Dental Office Grocery & Convenience Store Law Firm Hotel & Motel

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

977
Businesses Nearby

Demographics for 80221, CO

42,224
Population
15,165
Households
2.8
Avg Household Size
34
Median Age
28%
College-Educated
84%
High-School Grad
9.1 sq mi
ZIP Area
4,640
Density / Sq Mi
$84,425
Median Household Income
$42,720
Median Earnings
$1,642
Median Rent
$449,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Opportunity to acquire three residential parcels individually or together, with R-2 zoning permitting single-family and duplex development.
Where is this residential land & home lot located?
The property is located at 5245 Grove St & 3292 W 53rd Ave Denver, CO.
What are key features of this property?
This property features: Three residential parcels available for purchase individually or as a combined assemblage near Regis University; Two contiguous parcels at 3292 W. 53rd Ave. plus the adjacent lot can be assembled for approximately 22,174 SF; Third parcel is located on the next block and may be acquired separately or with the assemblage
More about this property
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