1275 Newland St
Lakewood, CO 80214
Terrain À vendre · 0,22 ha

1275 Newland Street presents an opportunity to acquire a transit-oriented infill development site in Lakewood, Colorado. The property consists of approximately 0.543 acres and is zoned Mixed-Use Residential Urban (MRU), allowing for a range of residential and mixed-use development possibilities. The site is located adjacent to the Lamar Station light rail corridor and benefits from direct access to major transportation routes serving both Lakewood and Downtown Denver.
The offering includes valuable due diligence materials assembled for prior development efforts, including an ALTA survey, previously approved plans for a 14-unit townhome project, a construction budget, and a feasibility study completed in 2022. In addition, a concept plan currently under review contemplates a 36-unit multifamily apartment development. The proposed project includes a four-story residential building with 36 units, tuck-under parking, bicycle parking, open space amenities, and transit-oriented design features. According to project materials, parking requirements may be waived due to the property's proximity to the Lamar Station light rail stop.
The surrounding area continues to benefit from residential investment and redevelopment activity, including numerous multifamily projects completed within the nearby transit corridor. The property's location near Sloan's Lake, the RTD W Line, Downtown Denver, and the Denver Federal Center supports long-term residential demand drivers and connectivity throughout the metropolitan area.
The site is located within a designated Federal Opportunity Zone, which may provide applicable Opportunity Zone tax benefits for qualifying investments. Combined with existing development work and favorable zoning, the property offers a redevelopment opportunity in an established urban infill location.