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Lakewood Multifamily Development Opportunity
For Sale
$400,000

5701 W 10th, Lakewood, CO 80214

1.78-acre parcel zoned for multi-family residential development.

Property SizeContact for details
Lot Size1.78 Acres
Days on Market222

Property Features for 5701 W 10th

General Information

Standard status Active
Lot size 1.78 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1,411

Amenities

Abuts Public Open Space
Level
Paved
Sloping Lot
Listing Agency: Coldwell Banker Realty 14
Listed By: NANCY RAINEY
Source: Corcoran
Added: Dec 30, 2025 Changed: Aug 8 Last Checked: Jul 16 at 7:51AM

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 Coldwell Banker Realty 14

Investment Insights

Based on property information with market context.

This 1.78-acre level parcel, zoned for Multi-Family Residential (R-MF), presents a development opportunity. The buildable area on the east side of the property is approximately 30,550 square feet, or 0.70 acres, running 470 feet north/south by 65 feet wide. The primary structure height restriction is 45 feet, allowing for 4-story buildings with no density restriction, according to the City. Discussions with Xcel indicate they are amenable to the utility easement area being used for streets and/or parking. The west corridor of the property is approximately 25 feet wide by 408 feet long, totaling approximately 9,400 square feet of buildable area or open space. The property is adjacent to the Lakewood Gulch trail, a sidewalk/bike trail connecting to the Dry Gulch trail, which leads to the Platt River trail and Denver. Public transportation options include the bus route on 10th Avenue and two light rail stations at Sheridan Lamar, providing access to downtown Denver and the Golden area. The property's zoning supports potential uses such as townhomes, apartments, and affordable housing. The City of Lakewood has confirmed that the property will be exempt from Parkland Ordinance requirements if used for Affordable Housing. This property is located in a rapidly growing area with infrastructure and transit connectivity.

Key Highlights

  • Significant Price Reduction: $275,000 price reduction makes this property a more attractive investment.
  • Multi‑Family Zoning (R‑MF): Allows for versatile development options.
  • Buildable Area: Approximately 30,550 sq ft buildable area on the East side, plus an additional 9,400 sq ft buildable or open space on the West corridor.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Nail Salon (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith

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

1,079
Businesses Nearby

Demographics for 80214, CO

26,493
Population
13,298
Households
2
Avg Household Size
36
Median Age
39%
College-Educated
89%
High-School Grad
4.7 sq mi
ZIP Area
5,637
Density / Sq Mi
$74,259
Median Household Income
$48,094
Median Earnings
$1,516
Median Rent
$519,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 1.78-acre parcel zoned for multi-family residential development.
Where is this residential land & home lot located?
The property is located at 5701 W 10th Lakewood, CO.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Significant Price Reduction: $275,000 price reduction makes this property a more attractive investment.; Multi‑Family Zoning (R‑MF): Allows for versatile development options.; Buildable Area: Approximately 30,550 sq ft buildable area on the East side, plus an additional 9,400 sq ft buildable or open space on the West corridor.
More about this property
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