Entitled Townhome Development
For Sale
$799,000
5290 Balsam St, Arvada, CO 80002
Shovel-ready lot for 7 townhomes near Olde Town Arvada.
Property SizeContact for details
Lot Size0.55 Acres
Days on Market274
Property Features for 5290 Balsam St
General Information
Standard status
Active
Lot size
0.55 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$3,926
Listing Agency:
HomeSmart Realty
(970) 485-0778
Listed By:
Austin Chirico
(970) 485-0778
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Aug 29 at 12:40PM
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 offers the advantage of bypassing approximately three years of planning and permitting processes. The price includes city-approved construction documents. The development features three-story townhomes, each designed with roof decks, three balconies, and two-car garages, averaging 1700 square feet. The townhomes are designed to be suitable for either sale or rental purposes. The property is located within a mile of Olde Town Arvada and the light rail. The lot has been cleared and is ready for development.
Key Highlights
- Shovel‑ready lot with full entitlements for a 7‑unit townhome development.
- City‑approved construction documents included, saving approximately 3 years of planning and permitting.
- Located within a mile of Olde Town Arvada and the light rail.
Property Analytics
Property Profile
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Shovel-ready lot for 7 townhomes near Olde Town Arvada.
Where is this land located?
The property is located at 5290 Balsam St Arvada, CO.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Shovel‑ready lot with full entitlements for a 7‑unit townhome development.; City‑approved construction documents included, saving approximately 3 years of planning and permitting.; Located within a mile of Olde Town Arvada and the light rail.
