We are pleased to present this 2.55 Acre parcel located in an excellent location in the heart of Arvada. Adjacent to the Gold Strike Light Rail Station at 60th & Sheridan, this development is currently in permitting for 40 Townhome units. These units have been efficiently designed to appeal to buyers' wants and needs while also maximizing the builders potential profitability. This site location provides easy access to Sheridan, I-76, I-70. Proximity to light rail is attractive to future buyers as well as the developer who will have decreased affordable housing fees with the City of Arvada because of the proximity within .5 miles of a light rail station. This parcel is directly adjacent to the east of a recently successfully developed multi-family residential project that is completely sold out. Comps here point at a potential resale value of $350 PSF or more for these townhomes. This project is 90% through entitlements and we expect to have it permit ready to break ground in November 2024. To view the Offering Memorandum please go to this website:https://ulxcommercial.com/ArvadaLand/
The median home value in Arvada, CO is $568,100. This is lower than the county median home value of $601,000. The national median home value is $338,100. The average price of homes sold in Arvada, CO is $568,100. Approximately 72.92% of Arvada homes are owned, compared to 24.46% rented, while 2.63% are vacant. Arvada real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Arvada real estate agent to arrange a tour today!
Arvada, Colorado 80003 has a population of 122,903. Arvada 80003 is more family-centric than the surrounding county with 33.37% of the households containing married families with children. The county average for households married with children is 31.13%.
The median household income in Arvada, Colorado 80003 is $96,677. The median household income for the surrounding county is $93,933 compared to the national median of $69,021. The median age of people living in Arvada 80003 is 39.9 years.
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 18 degrees. The average rainfall is approximately 16.8 inches per year, with 61 inches of snow per year.