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Arvada Townhome Development Opportunity
For Sale
$3,495,000

5495 W 60th Avenue, Arvada, CO 80003

Permit-ready 2.55-acre parcel for 40 townhome units near light rail.

Property SizeContact for details
Lot Size2.55 Acres
Days on Market245

Property Features for 5495 W 60th Avenue

General Information

Standard status Active
Lot size 2.55 Acres
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $824
Listing Agency: Real Broker, LLC DBA Real
Listed By: Jesse Truman · License #040043526
Source: Exitrealty
Added: Jan 10 Changed: Sep 9 Last Checked: Sep 12 at 5:40AM

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 Real Broker, LLC DBA Real

Investment Insights

Based on property information with market context.

This 2.55-acre parcel is located in Arvada, adjacent to the Gold Strike Light Rail Station at 60th and Sheridan. The property is permit-ready for a 40-unit townhome project. The units have been designed to appeal to buyers while maximizing the builder's potential profitability. The site provides easy access to Sheridan, I-76, and I-70. Proximity to light rail is attractive to future buyers, and the developer will have decreased affordable housing fees with the City of Arvada because of the proximity within 0.5 miles of a light rail station. The parcel is directly adjacent to a recent and successfully developed multi-family residential project that is completely sold out.

Key Highlights

  • Permit‑ready for 40 townhome units, accelerating development timeline.
  • Adjacent to the Gold Strike Light Rail Station, offering convenient transportation access.
  • Excellent location in the heart of Arvada.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Skin Care Clinic Computer & Electronic Repair

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

786
Businesses Nearby

Demographics for 80003, CO

36,258
Population
14,193
Households
2.6
Avg Household Size
37
Median Age
33%
College-Educated
92%
High-School Grad
6.6 sq mi
ZIP Area
5,494
Density / Sq Mi
$82,754
Median Household Income
$51,667
Median Earnings
$1,729
Median Rent
$486,600
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?
Residential land & home lot - Permit-ready 2.55-acre parcel for 40 townhome units near light rail.
Where is this residential land & home lot located?
The property is located at 5495 W 60th Avenue Arvada, CO.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: Permit‑ready for 40 townhome units, accelerating development timeline.; Adjacent to the Gold Strike Light Rail Station, offering convenient transportation access.; Excellent location in the heart of Arvada.
More about this property
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