Lewis Christensen Rd & Parker Rd Parker, CO 80134
- Land
- 13.21 lot acres
Current Use by Public Records
- Land
Property Details for 0 Lewis Christensen Rd & Parker Rd
- Lot size
- 13.21 lot acres
- Property type
- Land
- Property subtype
- Apartment buildings
Description
This exceptional multifamily property, located at the southwest corner of S. Lewis Christensen Road and Parker Road in Douglas County, Colorado (zip code 80134), presents a rare investment opportunity. The 13.208-acre lot boasts 217 feet of frontage along S. Lewis Christensen Road, offering excellent visibility and accessibility. The property is already annexed and zoned for multi-family use, simplifying the development process. Its strategic location provides convenient access to Parker Road and the future J. Morgan Boulevard extension, ensuring easy commutes for residents. Furthermore, the property's proximity to grocery stores and retail services caters to the needs of tenants, while its adjacency to the Cherry Creek Trail adds significant recreational appeal. The asking price is $2,000,000, translating to a price per square foot of $3.47. This property represents a compelling investment in a thriving Colorado community. The property is classified as both Multifamily and Land, and is an Apartment Building. This is a truly unique opportunity to acquire a well-situated multifamily development in a high-demand area. The property's zoning is Multi-Family.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Parker
- County
- Douglas
- State
- Colorado
- Longitude
- -104.758
- Latitude
- 39.4741