Denver, CO 80226,990 S Sheridan BLVD
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$550,000
Est. payment /mo
0.78 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Pending

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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REColorado (REColorado MLS)
Listed by MMGREA LLC • Nexus@gmail.com
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"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

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990 S Sheridan BLVD