Entitled Townhome Development
For Sale
$749,000
5290 Balsam, Arvada, CO 80002
Shovel-ready, entitled 7-unit townhome development near Olde Town Arvada.
Property SizeContact for details
Days on Market283
Property Features for 5290 Balsam
General Information
Standard status
Active
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$3,926
Amenities
Abuts Ditch
Level
Paved
Listing Agency:
HomeSmart Realty
(303) 858-8100
Listed By:
AUSTIN CHIRICO
(970) 485-0778
Source:
Corcoran
Added: Dec 29, 2025
Changed: Oct 7
Last Checked: Oct 7 at 12:10PM
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 HomeSmart Realty
Investment Insights
Based on property information with market context.
This is a fully entitled 7-unit townhome development opportunity situated on a shovel-ready lot. The property is located within a mile of Olde Town Arvada and the light rail. The price includes city-approved construction documents. The development features striking 3-story townhomes, each including roof decks, three balconies, and two-car garages, averaging 1700 square feet. The townhomes were designed to be suitable for sale or rental. The lot has been cleared and is ready for construction.
Key Highlights
- Shovel‑ready lot with full entitlements for a 7‑unit townhome development, saving approximately 3 years of planning and permitting.
- Includes final, city‑approved construction documents.
- Located within a mile of Olde Town Arvada and the light rail.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,532
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 - Shovel-ready, entitled 7-unit townhome development near Olde Town Arvada.
Where is this residential land & home lot located?
The property is located at 5290 Balsam Arvada, CO.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Shovel‑ready lot with full entitlements for a 7‑unit townhome development, saving approximately 3 years of planning and permitting.; Includes final, city‑approved construction documents.; Located within a mile of Olde Town Arvada and the light rail.
