Land - (I-76 &) E 88th & Hopkins Dr

E 88th & Hopkins Dr Thornton, CO 0229

E 88th & Hopkins Dr, Thornton, CO, 0229
E 88th & Hopkins Dr, Thornton, CO, 0229
FOR SALE
Property Type:
Residential Land Development
Amount:
$400,000
Last Verified:
Sep 26, 2024

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Highlights

  • High Density Multi-Family Residential District
  • Less than 8% of the existing multi-family units in the E 88th Corridor Submarket were built since 2014 – creating pent up demand for newer housing in the area*
  • Multi-Family Properties in the E 88th Corridor Submarket are currently posting a 5.4% vacancy rate*
  • *data found using CoStar

Description

Unique Properties is pleased to present this 1.86 Acres lot situated centrally along E 88th Avenue. Just blocks from I-25 and I-76, this R-3 zoned lot allows for up to 24 units per acre of residential units. Between the Thorton and Welby submarkets, E 88th Ave provides proximity to several of the area’s schools, medical centers, a strong retail/ amenity base and within walking distance of the original Thornton & 88th station. This site presents an opportunity for those looking to capitalize on potential future growth and development in these growing submarkets.

Land E 88th & Hopkins Dr

Lot Size: 1.86 acres


Documents

E_88th_Hopkins_Dr_Sale_Brochure (9.5).pdf

Map of E 88th & Hopkins Dr, Thornton, CO, 0229

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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.