$1,988,750
$161K PRICE DROP

Estimated payment $11,486/month

Total Views 7,077
0.23 Acre
$8,646,739 Price per Acre
10,019 Sq Ft Lot

Highlights

  • 0.23 Acre Lot
  • No HOA
  • Level Lot
  • Edison Elementary School Rated A-
  • Development of the land is complete
  • 4-minute walk to Highland Park

About This Lot

Development Opportunity – Land Approved for 5-Story, 33-Unit Project
Exceptional investment opportunity to acquire a development parcel that was previously approved by Denver permitting department for a 5-story, 33-unit multifamily project. While the previous permitting process expired, the project can be resubmitted for approval, with an estimated timeline of approximately 9–12 months. The original architect is available and familiar with the plans, offering a seamless path forward to the construction phase.
The property currently includes three existing residential units and a storage structure, all of which can generate interim rental income during the permitting process.

Listing Agent

Christine Kresge

Avenue Realty & Mortgage Brokerage Email: ckresge@ave-realty-mtg.com License #100036300 Listed on: 05/08/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,770

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Development of the land is complete
  • Property is zoned G-MU

Community Details

  • No Home Owners Association
  • Lohi Subdivision

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Assessor Parcel Number 2294-04-095

Property Details

Property Type

Land

Est. Annual Taxes

$5,770

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Exclusions: Tenants personal property
  • SubdivisionName: LoHi
  • Ownership: Agent Owner
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Attribution Contact: ckresge@ave-realty-mtg.com
  • Special Features: None

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 0

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00
  • REC_MultipleAssociationsYN: 0

Lot Info

  • Parcel Number: 2294-04-095
  • Lot Size Acres: 0.23
  • Lot Features: Level
  • Lot Size Sq Ft: 10018.8

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5770

Map

Range of Values:

Collateral Analytics

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ICE

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $7,714 $97,400 $51,550 $45,850
2023 $7,547 $97,400 $51,550 $45,850
2022 $5,979 $75,180 $57,300 $17,880
2021 $5,770 $77,330 $58,940 $18,390
2020 $4,787 $64,520 $58,950 $5,570
2019 $4,653 $64,520 $58,950 $5,570
2018 $5,057 $65,370 $65,300 $70
2017 $5,042 $65,370 $65,300 $70
2016 $3,403 $41,730 $36,091 $5,639
2015 $3,260 $41,730 $36,091 $5,639
2014 $2,642 $31,810 $28,035 $3,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $1,750,000 -12.0% $442 / Sq Ft
07/03/2025 07/03/25 Price Changed $1,988,750 -2.6% $502 / Sq Ft
05/29/2025 05/29/25 Price Changed $2,042,500 -5.0% $516 / Sq Ft
05/08/2025 05/08/25 For Sale $2,150,000 -- $543 / Sq Ft
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $1,550,000 New Title Company Name
Warranty Deed $264,900 --
Quit Claim Deed -- --
Warranty Deed $138,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 New Conventional
Previous Owner $1,085,000 Construction
Previous Owner $228,800 Unknown
Previous Owner $211,900 No Value Available
Previous Owner $85,074 Purchase Money Mortgage
Source: Public Records

Source: REcolorado®

MLS Number: 6029196

REcolorado®

APN: 2294-04-095