$5,900,000
For Sale

411 Levi Lane

Lafayette, CO 80026
Listing OfficeGolden Key Real Estate
Browse 6 photos
Type:Purchase
Structure:Land
Zone:Commercial

Description

This 1.832-acre parcel of land offers a rare opportunity for developers and investors, with entitlements in place for the construction of 56 residential units. The approved plans include four 12-plex buildings and one 8-plex building (entitled for 56 units), all featuring spacious 2-bedroom, 2-bathroom units. This project is designed as a Class A property, complete with elevators for added convenience and luxury. This land is grandfathered into old water rights, offering a significant advantage in terms of resource access and cost-efficiency. All essential infrastructure is already complete , including parking, sidewalks and other key utilities, allowing for a streamlined development process. This prime site is ideal for those looking to capitalize on a well-entitled and fully prepared project, making it an excellent choice for a quick and profitable development.

  • Property Details
      • Property SubtypeCommercial Land
      • Sewer InformationPublic Sewer
      • Original List Price$5,900,000
      • Property TypePurchase
      • CountyBoulder
      • Taxes Annual$41,619
      • MLS #2824787
      • Cost5900000
      • MLS #2824787
      • Utility SourcePublic
      • Acres1.83

Location

The International Group | RE/MAX ProfessionalsReal Estate Group

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10.0%

Interest Rate

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6.0%

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2.6%
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