2045-49 S Columbine Street

Denver, CO 80210

Land  $2,165,000  Under Contract

04-13-2018 01:33pm

Development Opportunity: This 15,000 square foot lot is a partially-entitled residential development. Just two blocks to the center of the University of Denver campus, the location is ideal for either a for-sale condo development or for-rent multi-family development. It is very walkable to DU, Starbucks, bars and restaurants, and only one half mile to light rail and access to I-25. Plans call for 44 units of an average of 744 square feet, with a 1:1 parking ratio. Amenities will include a rooftop deck with views of both the mountains and downtown. Overall, these units will be very attractive to students, young professionals, and investors. The design concept has been approved by the City of Denver and a first-draft SDP submission is in process.

MLS#
7403671
MLS Originator
REcolorado (Denver)
Off Market Date
04-13-2018 12:00am
Original Price
$2,165,000

Property
Land
Property Subtype
Land
Under Contract
Status Conditions
None Known
Last Update
04-13-2018 01:33pm

SqFt Lot
15000.00

Previous Year Tax
$5,489
Terms and Conditions
Cash, Conventional
Transaction Type
For Sale
Gas Fee
0

Vehicle Spaces
0

School District
Denver 1

PPA
6367647.06
Lot Width
0.00

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 2045-49 S Columbine Street, Denver, CO 80210
- Property Type: Land, - beds, - baths, - SqFT
- Selling Price: $2,165,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$1,345,000 (2)
$1,345,000 (2)
$1,345,000 (2)
$1,497,500 (4)
Area 2 (1-2 miles)
$731,475 (8)
$704,089 (9)
$704,089 (9)
$699,787 (15)
Area 3 (2-3 miles)
$839,078 (18)
$851,536 (25)
$804,654 (28)
$782,738 (39)
Area 4 (3-5 miles)
$1,103,509 (44)
$1,007,032 (60)
$937,203 (68)
$927,251 (85)

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