Lot 2(TBD) Wilson Ave Olathe, CO 81425
Estimated payment $3,397/month
Highlights
- Mountain View
- Foothills
- Level Lot
- Cul-De-Sac
- Partially Fenced Property
About This Lot
Prime Investment Opportunity in Western Colorado's Opportunity Zone! This 2.27-acre parcel in the heart of Western Colorado offers a rare opportunity for investors looking to capitalize on the tax incentives and long-term growth of an Opportunity Zone. Located adjacent to Olathe School and the football stadium, this property is ideally positioned for a high-demand residential development with broad zoning flexibility. Zoned for residential use, the possibilities are nearly endless—whether you're envisioning multi-family units, duplexes, or even an entire residential neighborhood. With zoning that allows buildings up to 35 feet in height, you can maximize the space with 3-story buildings, capturing stunning mountain views to the south. Key features include: Utilities to the property or nearby Roads on the west and south sides for efficient access and reduced development costs Completed soil testing and a newly finished topographic survey, streamlining the development process The seller has already designed plans for 8-plex apartment buildings, making this a plug-and-play opportunity to build in phases and scale up. Whether your vision includes affordable housing, condos, senior living, or single-family patio homes, this property checks all the boxes for an investor looking to maximize returns while meeting the growing housing demands in Western Colorado. Lock in a secure investment that not only generates income but also qualifies for favorable tax treatment through the Opportunity Zone. This is your chance to shape the future of housing in this fast-growing region—come see the potential for yourself!
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,119
Lot Details
- 2.27 Acre Lot
- Cul-De-Sac
- Partially Fenced Property
- Level Lot
- Corners Of The Lot Have Been Marked
- Property is zoned Residential Multi Family
Property Views
- Mountain
- Valley
Schools
- Olathe K-5 Elementary School
- Olathe 6-8 Middle School
- Olathe 9-12 High School
Utilities
- Phone Available
Community Details
- Foothills
Listing and Financial Details
- Security Deposit $15,000
- Assessor Parcel Number 372310400028
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/21/2024 10/21/24 | For Sale | $545,000 | -- | -- |
Source: Colorado Real Estate Network (CREN)
MLS Number: 818923

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