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    1078 Alkire St Lakewood, CO 80228

    For Sale
    $1,300,000

    0.33-acre multifamily development site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 0.33-acre commercial land parcel, located at 1078 S Alkire St, Lakewood, CO 80228, presents a unique multifamily development opportunity. The property is zoned M-N-S and boasts a poured foundation with approved permits for a planned 15-unit, three-story building featuring studio apartments. Situated off S Alkire St and W Alameda Parkway, the site offers high visibility and convenient access to major employment centers in Lakewood, Golden, Denver, and the Denver Tech Center. Enjoy proximity to outdoor recreation, with Green Mountain Trailhead just half a mile away. This prime location benefits from strong demographics, high rental demand driven by value and affordability, and legislative supply constraints. The asking price is $1,300,000. This is a rare chance to capitalize on the thriving Lakewood submarket and its robust rental market. The property's strategic location provides easy access to public transportation, further enhancing its appeal. Don't miss this chance to develop a highly desirable multifamily project in a sought-after area. Jefferson County location offers significant advantages for investors.

    Property Features for 1078 Alkire St

    General Information

    Property type
    Land
    Lot Size
    14,375 SF

    HighLights

    • Direct access to major employment centers in Lakewood, Golden, Denver, and the Denver Tech Center.
    • High‑visibility site at 1078 S Alkire St, Lakewood, CO, with convenient access to Alameda Parkway.
    • Excellent proximity to Green Mountain Trailhead.
    • Close to public transportation.
    • Strong Lakewood submarket with high rental demand.
    • High rental demand driven by value and affordability.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.14769922984
    Latitude
    39.695754804851

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    FAQs

    What type of property is this?
    Land - 0.33-acre multifamily development site
    Where is this land located?
    The property is located at 1078 Alkire St Lakewood, CO.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Direct access to major employment centers in Lakewood, Golden, Denver, and the Denver Tech Center.; High-visibility site at 1078 S Alkire St, Lakewood, CO, with convenient access to Alameda Parkway.; Excellent proximity to Green Mountain Trailhead.
    Request Owner's contact information
    1078 Alkire St Lakewood, CO 80228
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    Lakewood, CO 80228
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1078 Alkire St Lakewood, CO 80228
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