7150 W 12th, Denver, CO 80214
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
7150 W 12th,Denver, CO 80214
$1,600,000
- 0 Acres
- Lots / Land
- Active
Listed by: michael csrnko, christian thompson
Office: kentwood real estate cherry creek
MLS#:4891617
Source:ML
Price summary
- Price:$1,600,000
About this home
7100 and 7150 W 12th Avenue present a rare portfolio redevelopment opportunity consisting of two adjacent parcels in Lakewood’s rapidly evolving West Corridor. Located near the Lakewood–Wadsworth RTD Station, the combined approximately 0.74-acre site offers a compelling transit-oriented development opportunity with the entitlement process already underway for a proposed 21-unit townhome community. Initial submittals have been completed with the City of Lakewood, providing a meaningful head start and the potential to accelerate development timelines compared to a traditional ground-up entitlement process. The portfolio benefits from a highly accessible infill location with convenient connectivity to Downtown Denver, Union Station, Sloan’s Lake, West Colfax, Highlands Square, LoHi, and other major residential, employment, and entertainment districts. Proximity to US-6, Wadsworth Boulevard, and the W Line light rail further enhances regional accessibility and commuter convenience. The site’s transit-oriented positioning, coupled with continued public and private investment throughout the West Colfax and Lakewood corridors, supports its long-term residential development potential. Both parcels are currently improved with income-producing single-family residences with established rental histories, offering the opportunity for interim cash flow during planning, entitlement, and pre-construction. Additionally, the property is located within a federally designated Opportunity Zone, potentially providing qualified investors with applicable tax advantages. With its combination of entitlement progress, existing income, transit-oriented location, Opportunity Zone designation, and attainable development scale, 7100 and 7150 W 12th Avenue offer a compelling opportunity for developers, investors, and residential builders seeking a well-positioned infill project within the Denver metropolitan area....
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Home facts
- Subdivision & Development:Lakewood
- Listing ID #:4891617
Structure and exterior
- Lot Features:Corner, Level
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,600,000
- Tax amount:$3,045
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