$1,200,000

Amazing opportunity to build two new luxury homes across the street from Lindsley Park and in a location that is surrounded by thriving residential neighborhoods. The highest and best use for this rare 12,500 SF lot is to be subdivided into two 6,250 SF lots for two luxury new builds. Zoning is U-SU-C within the City and County of Denver. U-SU-C is a single unit district allowing urban houses with a minimum zone lot area of 5,500 square feet. Blocks typically have a consistent pattern of 50-foot-wide lots. Other large lots in the neighborhood are typically 6,250 SF and new home sales since 2021 have sold for as high as $1,640,000 to $2,849,000. Lindsley Park is a gem for the neighborhood and hosts four tennis courts, a basketball court, walking path, playground, horseshoe pit, baseball diamond, and a picnic area. Other notable developments in the area are the Rose Medical Center Complex and the 41-acre former University of Colorado Health Sciences Center mixed-use redevelop site that calls for approximately 900 residential units, up to 300,000-square-feet for retail, restaurant and a 140-room hotel, up to 200,000-square-feet of office space, 2,600 parking spaces and four acres of park and greenspace for the development and surrounding neighborhoods. The current home on the site is being sold as-is and has a long-term tenant leasing on a m-t-m basis.