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    2195 Bellaire St Denver, CO 80222

    For Sale
    $3,500,000

    25-unit townhome project, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Prime Denver location awaits development of 25 townhomes on this exceptional 37,215 square foot parcel. All necessary fees have been paid, excluding building permits, positioning this project for immediate construction commencement. With permits anticipated within less than 30 days, this presents a unique opportunity for swift development and return on investment. The site boasts a highly desirable location adjacent to Denver's light rail system, enhancing its appeal and accessibility. The property is zoned for residential use and already has entitlements for 25 townhome units. This turnkey project eliminates the lengthy and often complex entitlement process, allowing developers to focus on construction and sales. The asking price is $3,500,000. The property is owned by Warren Street Investments, LLC. This represents a rare chance to acquire a fully entitled residential development site in a thriving Denver neighborhood, ready for immediate action. The substantial lot size provides ample space for the planned townhomes, ensuring a comfortable and spacious living environment for future residents. The convenient light rail access further enhances the property's desirability, providing residents with easy access to the broader Denver metropolitan area. This is an exceptional opportunity for investors seeking a fast-track development project with significant potential for profit.

    Property Features for 2195 Bellaire St

    General Information

    Property type
    Land

    HighLights

    • $3,500,000 asking price.
    • 37,215 SF residential land parcel.
    • 25 townhome entitlements, permit‑ready.
    • All fees paid except building permits; construction could begin within 30 days.
    • Light rail adjacent.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.9377236
    Latitude
    39.6768491

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    FAQs

    What type of property is this?
    Land - 25-unit townhome project, ready to build.
    Where is this land located?
    The property is located at 2195 Bellaire St Denver, CO.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: $3,500,000 asking price.; 37,215 SF residential land parcel.; 25 townhome entitlements, permit-ready.
    Request Owner's contact information
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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
    2195 Bellaire St Denver, CO 80222
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