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Shovel-Ready Townhome Development Opportunity
For Sale
$1,300,000

985 Tabor, Lakewood, CO 80401

Fully entitled 19-unit townhome development opportunity in Lakewood/Golden.

Property SizeContact for details
Lot Size1.19 Acres
Days on Market301

Property Features for 985 Tabor

General Information

Standard status Active
Lot size 1.19 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $17,454
Listing Agency: REDT LLC
Listed By: OMARI ROBINSON · License #6580011
Source: Corcoran
Added: Dec 29, 2025 Changed: Oct 25 Last Checked: Jul 16 at 7:58AM

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 REDT LLC

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Investment Insights

Based on property information with market context.

Located at 985 Tabor St. on the border of Lakewood and Golden, this investment opportunity features a fully entitled and shovel-ready development project. The project consists of 19 spacious two-story townhomes, each with an attached two-car garage. Permitting is overseen by Lakewood. The buyer will receive all existing plans, representing nearly 4 years of permitting work. A tie-in to the adjacent detention facility offers potential cost savings. The build budget has been fully bid out. Projected returns include a profit of $111,000 per door and a 123% ROI, according to provided data, positioning this as a turnkey, investor-ready project.

Key Highlights

  • Shovel‑ready development with full entitlements for 19 two‑story townhomes.
  • High projected returns: $111K profit per door and 123% ROI.
  • Fully bid‑out build budget minimizes financial risk.

Property Analytics

Who owns this building? See the owner, sales and loan history
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Suggested Use

Top Pick Grocery & Convenience Store Food Market Hair Salon Daycare Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

68
Businesses Nearby

Demographics for 80401, CO

41,913
Population
17,762
Households
2.4
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
49.1 sq mi
ZIP Area
854
Density / Sq Mi
$112,444
Median Household Income
$53,936
Median Earnings
$1,868
Median Rent
$748,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Fully entitled 19-unit townhome development opportunity in Lakewood/Golden.
Where is this residential land & home lot located?
The property is located at 985 Tabor 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: Shovel‑ready development with full entitlements for 19 two‑story townhomes.; High projected returns: **$111K profit per door and 123% ROI.**; Fully bid‑out build budget minimizes financial risk.
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