18
See all 18 photos
$1,900,000
Est. payment /mo
4.81 Acres Lot
New
SE Corner 22nd Place and Tower Road Aurora, CO 80011
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Tower Green
MLS Listing ID IRE2987026
HOA Y/N No
Annual Tax Amount $21,664
Tax Year 2025
Lot Size 4.810 Acres
Acres 4.81
Source ires
Property Description
EXCEPTIONAL MU-N ZONED MULTIFAMILY DEVELOPMENT OPPORTUNITY! Rare opportunity to acquire a strategically located, flat corner parcel with an excellent path toward high-density residential development. The property is currently zoned MU-N, with extensive pre-development work already completed and a highest-and-best-use concept focused on duplex/triplex residential lots. Preliminary planning has identified potential for up to 60+ units, subject to final engineering, infrastructure, site-plan review and applicable City approvals.
A major advantage for the next developer: significant groundwork has already been completed. Architectural conceptual drawings have been prepared for the existing proposed use, a Phase I environmental assessment has been completed, and the property has been through extensive pre-development review. This allows a builder or developer to begin with meaningful information already in hand rather than starting from scratch.
MUN zoning may also allow a variety of neighborhood-serving uses, potentially including restaurant, medical/dental, small-scale retail, temporary outdoor sales and merchant/farmers-market uses, subject to zoning and City requirements. Imagine a thoughtfully planned residential development complemented by neighborhood services and amenities.
The location is hard to beat-situated in an established residential and mixed-use area with convenient access to Denver International Airport, Colfax Avenue, I-70, major transportation corridors and public transit, including nearby bus routes. The prominent corner location adds visibility and accessibility.
With an attractive potential land cost per developed lot, existing zoning, conceptual plans, completed Phase I and substantial pre-development research, this is an outstanding opportunity for a builder or developer seeking a residential project with a significant amount of the preliminary work already completed. Bring your development team and explore the possibilities!
A major advantage for the next developer: significant groundwork has already been completed. Architectural conceptual drawings have been prepared for the existing proposed use, a Phase I environmental assessment has been completed, and the property has been through extensive pre-development review. This allows a builder or developer to begin with meaningful information already in hand rather than starting from scratch.
MUN zoning may also allow a variety of neighborhood-serving uses, potentially including restaurant, medical/dental, small-scale retail, temporary outdoor sales and merchant/farmers-market uses, subject to zoning and City requirements. Imagine a thoughtfully planned residential development complemented by neighborhood services and amenities.
The location is hard to beat-situated in an established residential and mixed-use area with convenient access to Denver International Airport, Colfax Avenue, I-70, major transportation corridors and public transit, including nearby bus routes. The prominent corner location adds visibility and accessibility.
With an attractive potential land cost per developed lot, existing zoning, conceptual plans, completed Phase I and substantial pre-development research, this is an outstanding opportunity for a builder or developer seeking a residential project with a significant amount of the preliminary work already completed. Bring your development team and explore the possibilities!
Location
State CO
County Adams
Community Tower Green
Area Metro Denver
Zoning MU-N
Exterior
Parking Features None
View Y/N No
Garage No
Building
Lot Description Corner Lot, Paved
Water Public
New Construction false
Schools
High Schools Adams-Arapahoe 28J
School District Adams-Arapahoe 28J
Others
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Special Listing Condition Private Owner
Listed by Nicole Court
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