Active
2445 S Jackson Street
Denver CO, 80210
$1,759,900
$98.54 per sqft
Active
0.41 Acres
Land
UNIQUE BUILDING OPPORTUNITY! 18,000 SF lot for sale- You rarely see a lot this size for sale in Denver anymore. It fits all zoning requirements to be split into two 9,000 SF lots- Still extra large compared to the 6250 SF & 7500 SF lots most common in Observatory Park. POSSIBILITIES: You could knock down the house & finalize the lot split & sell both lots for the neighborhood market value ($1,250,000-$1,350,000) 2) Split the lot into two 9,000 SF lots, build for yourself on one side & sell the other. 3) Split the lot & build 2 new luxury spec homes on one of Denver's prettiest streets for huge profit potential. Zoning allows for a typical new build size for the neighborhood and the average price for new homes built since 2022 is $3.2M for an average. 4) or build one huge luxury home on this gorgeous oversized lot for yourself or a custom client. This portion of Jackson Street is often described as a country lane in the city. The cottonwood tree-lined street has no cross streets & a permanent exemption from sidewalk requirements. There's already a temporary 2nd address from the city; a survey showing all information the city needs to sub-divide; asbestos testing results & certificate showing all interior asbestos was removed. The lot has 2 curb cuts & 2 gates, a newer water line & a new circular driveway that can easily be modified to be reused for 2 new homes. There's a privacy fence in the backyard & original stately wrought iron fencing around the front. A 2 year old home down the street recently sold for $3.245M on a slightly smaller lot. Observatory Park's highest price sale is $5.396M. The median price per square foot for homes built since 2021 was $859 PSF above ground & $578 PSF total - sod in a median of 36 days. Observatory Park is a premier Denver neighborhood with 2 parks & a great location right between downtown Denver & the Denver Tech Center. This property is ready for redevelopment @ an amazing price!
3357179
MLSⓇ ID
February 28, 2024
Listed
April 24, 2024
Updated
Map
2445 S Jackson Street
Denver CO, 80210
Exterior/Building Features
Lot Size
0.41 Acres
Lot Features
Landscaped, Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear, Subdividable
Sewer
Public Sewer
School Information
School District
Denver 1
Other Property Details
Taxes
$6,968
Tax Frequency
Annually
Garage
Yes
Garage Spaces
2
Parking
Circular Driveway, Concrete, Exterior Access Door, Lighted, Oversized, Storage
Parking Total
2
View
No
County
Denver
Water Source
Public
Pool
No
Zoning
S-SU-D
Buyer Agency Compensation
2.8%
Listing History
Date | Event | Price |
|---|---|---|
4/4/2024 | Price Change | $1,759,900 -3% |
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Data last updated 3:09 AM UTC, 4/24/2024
