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    5 University Ln Greenwood Village, CO 80121

    Sponsored
    For Sale
    $2,450,000

    100,188 SF Vacant Land, Investment Opportunity

    Property size:
    100,188 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 100,188 square foot mixed-use land parcel presents a compelling investment opportunity in Greenwood Village, Colorado. Located at 5 E University LN, 80121, this Class A property boasts a stabilized investment profile with a pro-forma cap rate of 3.00% and a pro-forma NOI of $45,000. The asking price is $2,450,000, translating to $24.45 per square foot. The land value alone is assessed at $24.95 per square foot. The property is currently vacant, offering significant development potential. The zoning designation is 08005C0452, allowing for a range of commercial and residential uses. The site features 100,188 square feet of air rights. While a survey is unavailable, the lot size is confirmed at 100,188 square feet. The net rentable area is 50,000 square feet. Lease options are available, providing flexibility in terms of square footage and lease duration. This property is offered with 100% ownership and presents a unique chance to capitalize on favorable demographics and the potential for increased land value and income generation. The APN is 207714102011. Consider this prime location in Arapahoe County for your next development project.

    Property Features for 5 University Ln

    General Information

    Property type
    Mixed-use properties
    Square Feet
    100,188 SF
    Class
    A

    HighLights

    • 10.5‑acre site, zoned for mixed‑use development.
    • High potential for residential and/or commercial construction.
    • Significant appreciation potential due to location and zoning.
    • Opportunity for strong rental income streams.
    • Attractive demographics with high household incomes and population growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood Village
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.9615733
    Latitude
    39.6208023

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    FAQs

    What type of property is this?
    Mixed-use property - 100,188 SF Vacant Land, Investment Opportunity
    Where is this mixed-use property located?
    The property is located at 5 University Ln Greenwood Village, CO.
    What is the asking price?
    The asking price for this property is $2,450,000.
    What are key features of this property?
    This property features: 10.5-acre site, zoned for mixed-use development.; High potential for residential and/or commercial construction.; Significant appreciation potential due to location and zoning.
    Request Owner's contact information
    5 University Ln Greenwood Village, CO 80121
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    Greenwood Village, CO 80121
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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
    5 University Ln Greenwood Village, CO 80121
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