Property summary
This exceptional 7.24-acre land assemblage presents a unique investment opportunity in Westminster, Colorado's thriving Westminster Station Transit Oriented Development (TOD) area. Priced at $12,000,000 ($530.79/sq ft), this property boasts a substantial 22,608 square feet and offers a compelling 2.06% cap rate with a Net Operating Income (NOI) of $247,653.84. The site is strategically located within a quarter-mile of the FasTracks Station, benefiting from excellent transit access and the advantages of a Transitional Mixed-Use zoning designation. This allows for diverse development possibilities, including mixed-use or multi-family projects. The property's three-story permitted height adds to its development potential. All parcels are situated within the Adams County Enterprise Zone, providing potential tax incentives. This assemblage represents the largest available land site within the Westminster Station TOD area, offering a streamlined path to development and immediate positive cash flow from closing. The addresses included are 7110 Lowell Blvd and 3350-3440 W 71st Pl, Westminster, CO 80030. This is a rare opportunity to capitalize on the growth and demand within this dynamic transit-oriented development zone.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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