- – beds
- – baths
- – sqft
- 7,471 sqft lot
- – on site
Prime 20-Unit Redevelopment Opportunity Across from the University of Denver! An exceptional opportunity to develop a 20-unit multifamily project directly across from the University of Denver. Located in one of Denver’s most desirable rental markets with access to one of the city’s strongest tenant bases—steps from DU and surrounded by top-tier amenities. Enjoy outstanding access to popular destinations including Old South Gaylord and Cherry Creek for dining and shopping, as well as Whole Foods, Trader Joe’s, Target, Starbucks, local coffee roasters, and Home Depot. Commuting is seamless with light rail just a few blocks away and quick access to I-25, connecting you to downtown Denver and the Denver Tech Center. The approved conceptual design features a thoughtful mix of one- and two-bedroom units ranging from 643 to 908 square feet. The building footprint maximizes the allowable square footage with four levels of residential units over ground-level parking, totaling approximately 13,282 SF of rentable/sellable space. Layouts can be customized to suit a build-to-sell or build-to-lease strategy. The City of Denver has granted Concept Approval, making the project eligible for Site Development Plan (SDP) submission—streamlining the path to entitlement. The existing structure is a well-maintained, tenant-occupied 5-bedroom, 2-bathroom home with a detached 3-car garage, providing a covered land play while entitlements are finalized to buyer's specs. Aerial photos highlight potential views from the fifth story. Renderings illustrate one potential design, with flexibility for customization by the buyer.
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Last updated Jul 1, 2025
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MLS# 5816092 —
This property is listed in more than one place. See it here.
Financial & Terms
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Ownership:Individual
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Possession:Rental Agreement, Subject To Tenant Rights
Location
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Latitude:39.67469377
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Longitude:-104.9649515
The Property
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Property Type:Land
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Property Subtype:Improved Land
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Parcel Number:5266-05-001
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Zoning:G-MU-5
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Lot Features:Corner Lot, Level, Near Public Transit, Subdividable
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Lot Size Area:7471
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Lot Size Acres:0.17
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Lot Size SqFt:7,471 Sqft
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Lot Size Dimensions:61x122.5'
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Lot Size Units:Square Feet
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Exclusions:Tenants' personal property
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View:City, Mountain(s)
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Fencing:Partial
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Horse:false
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Road Responsibility:Public Maintained Road
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Road Frontage Type:Public
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (720) 641-4876
- Office phone:
- (303) 398-7033
Taxes
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Tax Year:2024
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Tax Annual Amount:$3,792
Utilities
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Utilities:Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
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Electric:110V, 220 Volts
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Sewer:Public Sewer
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Water Included:Yes
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Water Source:Public
Schools
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Elementary School District:Denver 1
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Middle Or Junior School District:Denver 1
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High School District:Denver 1
The Community
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Subdivision Name:University
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Association:false
Parking
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Parking Total:3
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Parking Features:Concrete, Oversized
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Attached Garage:false
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Garage Spaces:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).