See all 10 photos
10 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,550,000
Est. payment /mo
0.75 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Brooklyn
MLS Listing ID IRE7869834
HOA Y/N No
Annual Tax Amount $10,778
Tax Year 2025
Lot Size 0.750 Acres
Acres 0.75
Property Sub-Type Unimproved Land
Source ires
Property Description
0.75-acre development parcel positioned at the intersection of Aurora's most powerful growth drivers - this is a developer's opportunity to deliver a landmark luxury residential project without the entitlement risk and timeline uncertainty that typically accompany ground-up development.
Already zoned and approved for Residential Mixed Use (OA-RMU), the site is primed for a premium multifamily or SFR attached community. With the hard work of approvals behind you, what remains is pure execution: capitalize on one of the Denver metro's most undersupplied luxury submarkets and bring a flagship build to market ahead of the competition. The project consists of a 6-story residential building above grade with one level of below-grade parking, with 53 total residential units. The typical floor plate is approximately 12,100 square feet in area, complete with a plan for the 6th floor & rooftop - containing a mix of residential penthouse spaces and occupied rooftop amenity spaces.
Aurora's demand fundamentals are compelling and sustained. The area draws a steady pipeline of professionals, medical workers, military personnel, and families - a tenant profile that commands premium rents and maintains strong occupancy even through market cycles. With limited new luxury inventory entering the submarket, a well-designed project here stands to achieve outsized absorption and durable income performance.
Already zoned and approved for Residential Mixed Use (OA-RMU), the site is primed for a premium multifamily or SFR attached community. With the hard work of approvals behind you, what remains is pure execution: capitalize on one of the Denver metro's most undersupplied luxury submarkets and bring a flagship build to market ahead of the competition. The project consists of a 6-story residential building above grade with one level of below-grade parking, with 53 total residential units. The typical floor plate is approximately 12,100 square feet in area, complete with a plan for the 6th floor & rooftop - containing a mix of residential penthouse spaces and occupied rooftop amenity spaces.
Aurora's demand fundamentals are compelling and sustained. The area draws a steady pipeline of professionals, medical workers, military personnel, and families - a tenant profile that commands premium rents and maintains strong occupancy even through market cycles. With limited new luxury inventory entering the submarket, a well-designed project here stands to achieve outsized absorption and durable income performance.
Location
State CO
County Arapahoe
Community Brooklyn
Area Metro Denver
Zoning OA-RMU
Exterior
Parking Features None
View Y/N No
Garage No
Building
Lot Description Paved
Sewer None
Water City, None
New Construction false
Schools
High Schools Adams-Arapahoe 28J
School District Adams-Arapahoe 28J
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Private Owner
Read Less Info
Listed by Crystal Martinez
Nearby Locations
GET MORE INFORMATION