6550 E 64th Ave

6550 E 64th Ave Commerce City, CO 80022

6550 E 64th Ave, Commerce City, CO, 80022
6550 E 64th Ave, Commerce City, CO, 80022
FOR SALE
Property Type:
Other Land
Amount:
$600,000
Last Verified:
Nov 14, 2024

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Highlights

  • Less than 10% of the existing multi-family units within 3 miles of the property were built after 2014 – creating pent up demand for newer housing in the area*
  • Multi-Family Properties within a mile are currently posting a 5.3% vacancy rate*

Description

High Density Multi-Family Residential District
Located in a Qualified Census Tract (QCT) providing tax incentives for Development

6550 E 64th Ave

Building Size: 0sq ft
Lot Size: 1.72 acres


Documents

6550 E 64th Ave

Map of 6550 E 64th Ave, Commerce City, CO, 80022

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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.