For Sale
$600,000

6550 64Th AveCommerce City, CO 80022

Prime 1.72-acre residential land, ideal for multi-family development.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 1.72-acre parcel, located at 6550 E 64th Ave in Commerce City, Colorado (zip code 80022), presents a compelling investment opportunity. Zoned R-3, this property is situated within a Qualified Census Tract (QCT), making it eligible for attractive tax incentives for development projects. The land's size offers significant potential for a substantial multi-family residential development. Market analysis indicates strong demand for new housing in this area

Highlights

  • 1.72-acre parcel in Commerce City, CO (80022), zoned R-3.
  • Located in a Qualified Census Tract (QCT), offering tax incentives.
  • Strong demand for new multi-family housing, with less than 10% of existing units within 3 miles built after 2014 (per CoStar).
  • Low 5.3% vacancy rate for multi-family properties within one mile.
  • Adjacent Parcel 2 also available; contact broker for details.

Property Details for 6550 64Th Ave

Property type
Land
Lot Size (sq. ft)
74,923 SF

Location Insight

City
Commerce City
County
Adams
State
Colorado
Latitude
39.812895522042
Longitude
-104.91165354675
6550 64Th Ave, Commerce City, Colorado

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6550 64Th Ave
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