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Commerce City Multifamily Development Opportunity
For Sale
$775,000

5651 E 62nd, Commerce City, CO 80022

0.98-acre R3 zoned lot for multifamily development.

Property SizeContact for details
Lot Size0.98 Acres
Days on Market234

Property Features for 5651 E 62nd

General Information

Standard status Active
Lot size 0.98 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $2,340

Amenities

Paved
Listing Agency: HomeSmart
Listed By: MAGALI FREDRICK · License #100051777
Source: Corcoran
Added: Dec 30, 2025 Changed: Aug 8 Last Checked: Jul 16 at 3:18AM

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

Investment Insights

Based on property information with market context.

This 0.98-acre lot, zoned R3, presents an investment opportunity for multifamily development. Located in Commerce City, the parcel is identified as Parcel #1 on the plot plan. The zoning allows for the construction of 6 to 24 dwelling units, according to city guidelines. This property offers space and flexibility for builders, investors, and developers looking to create a new project.

Key Highlights

  • Zoned R3 for multifamily development
  • Large .98‑acre lot
  • Potential to build 6‑24 dwelling units

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Daycare Center Parking Lot & Garage Spa & Massage Center Hair Salon

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

605
Businesses Nearby

Demographics for 80022, CO

57,432
Population
19,929
Households
2.9
Avg Household Size
32
Median Age
22%
College-Educated
80%
High-School Grad
79.6 sq mi
ZIP Area
722
Density / Sq Mi
$98,858
Median Household Income
$50,575
Median Earnings
$1,507
Median Rent
$448,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 0.98-acre R3 zoned lot for multifamily development.
Where is this residential land & home lot located?
The property is located at 5651 E 62nd Commerce City, CO.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Zoned R3 for multifamily development; Large .98‑acre lot; Potential to build **6‑24 dwelling units**
More about this property
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