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990 S Sheridan Blvd
Denver, CO 80226

$700,000 USD

Land For Sale  •  0.78 AC

Property Details

  • Property Type Land
  • Lot Size 0.78 AC
  • Zoning E-MX-3
37 Transit Score
72 Walk Score

Description 

Upzoned Property: 990 S Sheridan is already approved for higher density, allowing for efficient utilization of the land for multifamily
development. 
Development Potential: A recent feasibility study concluded that the parcel can support up to 50 multifamily units. Current density limitations (primarily due to parking requirements) could be mitigated by acquiring the adjacent property at 982 S Sheridan, potentially enhancing the development's scope and profitability.

Highlights

Upzoned Property: 990 S Sheridan is already approved for higher density, allowing for efficient utilization of the land for multifamily development. »
The parcel is situated in the Westwood neighborhood, a rapidly developing area southwest of Downtown Denver.
Its proximity to downtown amenities & employment centers, combined with the increasing demand for multifamily housing, enhances the property’s appeal.
This properties eligibility for LIHTC provides significant tax benefits and financial incentives.
Ready for development with all essential utilities available and no existing structures on the site.

Public Transportation

Commuter RailDriveWalkDistance
Union Station: Lodo-Coors Field-16Th Street Mall (C Line - Denver Regional Transportation District Light Rail (TheRide), E Line - Denver Regional Transportation District Light Rail (TheRide), W Line - Denver Regional Transportation District Light Rail (TheRide)) 13 min - 6.5 mi
Denver (California Zephyr - Amtrak) 13 min - 6.7 mi
AirportDriveWalkDistance
Denver International 43 min - 30.8 mi
Benton Adams 303-328-5208 MMG
Benton Adams 303-328-5208 MMG