1445 Miller St, Lakewood, CO 80215

Description

MAJOR PRICE DROP. $375,320 Price Reduction. Motivated Seller Re-Priced For Immediated Action. Premium Infill-Shovel-Ready & Transit-Adjacent Devoplment Opportunity. Capitalize on this high-value, 35,960 sq. ft. infill development site located in a prime, highly accessible Lakewood corridor. Boasting highly desirable mixed-Use residential urban zoning and situated in a Federal Opportunity Zone, offersing unparalleled flexibility, exceptional transit connectivity, and significant tax advantages.
Investment Highlights:
• Generous Base Footprint: 35,960 square feet of prime infill land ready for development.
• Transit-Oriented Location: Situated just 0.6 miles from the Oak Street RTD Light Rail station, making it ideal for commuter-focused residential, schools, religious space, or wireless communications facility.
• Shovel-Ready Site: Utilities are already at the street, drastically reducing your pre-development timeline.
• Flexible M-R-U Zoning: Allows for high-density, 6-story multifamily, wireless communication facility, schools, religious.
• Opportunity Zone Benefits: Located in a QCT (Qualified Census Tract) and eligible for preferential federal tax treatment.
• Bonus Square Footage Potential: Potential to expand the site by an additional ±12,155 sq. ft. (bringing the total footprint to over 48,000 sq. ft.) by vacating the undeveloped adjacent northern Right-of-Way (R.O.W.). Note on R.O.W. Expansion: Vacation of the northern R.O.W. is subject to City of Lakewood approval and the mutual concurrence of the three adjoining parcel owners.
Development & Zoning Details
• Site Size: 35,960 sq. ft. (±0.83 Acres)
• Zoning Designation: M-R-U (Mixed-Use Residential Urban)
• Location: Lakewood, CO (Near 13th Avenue & Oak Street corridor)
• Infrastructure: Immediate utility access at street level
• Located within Special Flood Hazard Zone AE. The site is fully developable subject to meeting standard City of Lakewood engineering and building requirements.