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Lakewood Land Development Opportunity
For Sale
$475,000

5420 W Mississippi Ave, Lakewood, CO 80226

Land with M-N-S zoning, development potential near Belmar.

Property Size2,328 SF
Lot Size0.84 Acres
Days on Market313

Property Features for 5420 W Mississippi Ave

General Information

Standard status Active
Size 2,328 SF
Lot size 0.84 Acres
Property subtype Other

Taxes and HOA fees

Annual Taxes $4,486

Building Details

Building Size 2,328 SF
Year Built 1950
Listed By: KT Tran
Source: Elliman
Added: Nov 28, 2025 Changed: Oct 3 Last Checked: Oct 7 at 12:20PM

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 KT Tran

Investment Insights

Based on property information with market context.

This property presents an opportunity for investors, developers, and builders. Zoned M-N-S, as confirmed with the Lakewood City Planning Department, the land offers possibilities for an apartment complex, townhomes, condos, or single-family homes. Located approximately 2 miles from Belmar, the property is suitable for development or a fix and flip project requiring extensive rehabilitation. The property must be purchased in conjunction with 5410 W Mississippi, totaling approximately 2 acres. Cash offers for a quick closing are welcome.

Key Highlights

  • M‑N‑S Zoning Confirmed: Offers diverse development options including apartments, townhomes, condos, and single‑family homes.
  • Prime Location: Just 2 miles from the Belmar shopping and entertainment district.
  • Development Opportunity: Ideal for investors, developers, and builders seeking a project with 'endless possibilities'.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Gym & Fitness Center Daycare Center Skin Care Clinic

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

1,286
Businesses Nearby

Demographics for 80226, CO

33,142
Population
14,742
Households
2.2
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
8.1 sq mi
ZIP Area
4,092
Density / Sq Mi
$78,466
Median Household Income
$44,640
Median Earnings
$1,738
Median Rent
$547,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - Land with M-N-S zoning, development potential near Belmar.
Where is this land located?
The property is located at 5420 W Mississippi Ave Lakewood, CO.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: M‑N‑S Zoning Confirmed: Offers diverse development options including apartments, townhomes, condos, and single‑family homes.; Prime Location: Just 2 miles from the Belmar shopping and entertainment district.; Development Opportunity: Ideal for investors, developers, and builders seeking a project with 'endless possibilities'.
More about this property
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