For Sale
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0 Kearney StCommerce City, CO 80022

44 Shovel-Ready Townhouse Parcels

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents 2.45 to 2.55 acres of commercially and residentially zoned land in Commerce City, Colorado (zip code 80022), located on Kearney St in Adams County. The property is fully permitted and shovel-ready for immediate development, offering a unique chance to build either 17 or 44 individual townhouses. Each townhouse is designed with a spacious layout, ranging from 1700 to 2200 square feet, encompassing three stories, four bedrooms, 3.5 bathrooms, and an attached garage. Adding to the versatility and potential rental income, each townhouse includes a separate studio unit (350-500 sq ft) with its own entrance, garage space, full bathroom, laundry facilities, and a fully equipped kitchen. This innovative design allows for flexible ownership options, catering to both individual buyers and larger-scale investors. The project's adaptability allows for a "built-to-rent" or "built-to-sell" strategy, making it an attractive proposition for various investment goals. The inclusion of the studios offers potential for reduced housing costs through subleasing or shared living arrangements. This fully permitted project offers a streamlined path to development, minimizing delays and maximizing return on investment. The property is owned by Kearney 1 LLC. This is a truly unique opportunity to capitalize on the thriving Commerce City real estate market.

Highlights

  • 2.45 to 2.55 acres of commercially and residentially zoned land in Commerce City, CO.
  • 17 or 44 shovel-ready parcels with full permits for multifamily development.
  • Potential for townhomes, condos, apartments, or rental units.
  • Buyer can purchase the entire 44-parcel project or a portion with 17 parcels.
  • Each unit features approximately 1700-2200 sq ft, 4 bedrooms, 3.5 bathrooms, and an attached garage, plus a 350-500 sq ft attached studio with its own entry, full bath, laundry, and kitchen.

Property Details for 0 Kearney St

Property type
Land
Lot Size (sq. ft)
106,722 SF

Location Insight

City
Commerce City
County
Adams
State
Colorado
Latitude
39.8221814
Longitude
-104.9174441
Kearney St, Commerce City, Colorado

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0 Kearney St
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