$550,000
Est. payment /mo
0.78 Acres Lot
Active
990 S Sheridan BLVD Denver, CO 80226
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UPDATED:
02/06/2025 07:36 PM
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Westwood
MLS Listing ID 4633035
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $8,347
Tax Year 2023
Lot Size 0.780 Acres
Acres 0.78
Property Sub-Type Improved Land
Property Description
MMG proudly presents a premier development opportunity in Denver's thriving Westwood neighborhood: a 34,070 sq ft parcel at the corner of Morrison Road and S Sheridan Blvd, recently upzoned and eligible for Low-Income Housing Tax Credits (LIHTC). With feasibility supporting up to 50 multifamily units or 20 townhome units, on-site utilities, and potential for increased density via adjacent property acquisition, this site is primed for a lucrative multifamily, retail or mixed use project. Ideal for local investors, this property combines prime location benefits, significant tax incentives, and development-ready status to deliver a compelling investment prospect.
Location
State CO
County Denver
Zoning E-MX-3
Interior
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available
Garage No
Building
Lot Description Level
Sewer Public Sewer
Schools
School District Denver 1
Others
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Capstone Apartment Partners, LLC • ariddle@capstone-companies.com