$1,500,000

Estimated payment $8,581/month

Total Views 895
0.29 Acre
$5,172,414 Price per Acre
12,632 Sq Ft Lot

Highlights

  • Corner Lot
  • No HOA
  • Development of the land is complete

About This Lot

709 Paris St is the only remaining vacant/development-ready lot in this rapidly transforming neighborhood adjacent to the University of Colorado Hospital & Anschutz Medical Campus. Zoned R-3, the site supports high-density residential development, including multi-unit buildings, condos, townhomes, or a mid-rise structure. Existing structure is non-habitable and should be demolished; value is in the land and development potential. This location offers unmatched demand from medical professionals, students, and hospital staff — making it a prime opportunity for developers seeking high-yield rental or resale projects. PROPERTY HIGHLIGHTS
Zoning: R-3 (High-Density Residential)MARKET JUSTIFICATION FOR PRICE
To justify the seller’s $1.5M expectation, highlight developer-level comps, not residential sales: 1. New Construction Sales Near Anschutz
Townhomes selling $550K–$750K Condos selling $400K–$600K Multi-unit buildings generating $2,000–$2,800/mo per unit in rent 2. Land Scarcity
This is the last available development lot in the neighborhood — scarcity drives premium pricing. 3. Institutional Demand
The Anschutz campus population creates permanent, stable demand for housing. 4. Developer ROI
A 12–20 unit project can easily justify a $1.5M land acquisition when projected: Gross revenue: $8M–$12M (sales) Annual rental income: $500K–$800K+ (if held as rentals)

Listing Agent

Vick Sharma

HomeSmart Realty Brokerage Email: ONLYVKSHARMA@YAHOO.COM License #40018641 Listed on: 06/19/2026

HomeSmart Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,179

Lot Details

  • 12,632 Sq Ft Lot
  • Corner Lot
  • Development of the land is complete
  • Property is zoned R-3

Utilities

  • 220 Volts

Community Details

  • No Home Owners Association
  • Marvel Homes Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 182335415013

Property Details

Property Type

Land

Est. Annual Taxes

$5,179

Lot Details

0.29 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Current Use: Vacant
  • Exclusions: None
  • SubdivisionName: MARVEL HOMES SUBD
  • Ownership: Individual
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Special Features: None

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Electric: 220 Volts

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Lot Info

  • Parcel Number: 182335415013
  • Lot Size Acres: 0.29
  • Fencing: None
  • Possible Use: Multi-Family
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 12632.4

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5178.55

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,179 $29,170 $5,440 $23,730
2024 $2,823 $26,810 $5,000 $21,810
2023 $2,868 $30,650 $5,210 $25,440
2022 $3,993 $17,660 $5,350 $12,310
2021 $2,091 $17,660 $5,350 $12,310
2020 $2,481 $16,910 $5,510 $11,400
2019 $2,713 $16,910 $5,510 $11,400
2018 $1,869 $15,800 $4,320 $11,480
2017 $1,661 $15,800 $4,320 $11,480
2016 $1,545 $14,580 $2,390 $12,190
2015 $1,497 $14,580 $2,390 $12,190
2014 $1,241 $11,900 $1,350 $10,550
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/19/2026 06/19/26 For Sale $1,500,000 -- --
Source: REcolorado®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed $126,000 None Available
Trustee Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Universal Land Title
Warranty Deed $133,000 --
Warranty Deed $61,000 Stewart Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $88,200 Unknown
Previous Owner $164,800 Stand Alone First
Previous Owner $164,800 Unknown
Previous Owner $137,250 No Value Available
Previous Owner $106,400 Balloon
Source: Public Records

Source: REcolorado®

MLS Number: 6396245

REcolorado®

APN: 1823-35-4-15-013

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