Multifamily Development Site Near Olde Town Arvada

7525 W 61st Ave Arvada, CO 80003

Property Type:
Residential Land Development
Last Verified:
Jan 22, 2021


  • -Rare .40 acre residential development site
  • -Zoning allows for up to 24 units per acre (9.6 for this site size)
  • -Close to Olde Town Arvada
  • -Surrounded by other similar developments already completed


This sale represents a unique opportunity to purchase a property that has already been rezoned for higher density residential. The property, by right can be used for multifamily and has the possibility of townhomes as well as duplex options per the zoning code. The property current has a 2 bedroom, 1 bath single family home with a loft and detached garage. At almost half an acre, the site is centrally located in the heart of Arvada.

Located within close proximity to the popular Olde Town Arvada area, this residential development site is prime for a local developer looking to feed the demand for housing.

Lot Size: 0.4 acres

Map of 7525 W 61st Ave, Arvada, CO, 80003

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.