Brighton residential lots sell for $3.38 million, or $21,000 per lot

Adams County

Property Location: Vicinity of SWC Baseline Road & North 60^thStreet, Brighton

Property Description: Vacant land

Land Size: 24.182 acres totaling 161 residential lots

Sales Price: $3.38M, or $21,000 per lot, or $3.21 psf

Reception No.: 55638 2018

Closing Date: 7/10

Grantor: Kings CO LLC (Joel H. Farkas, mgr.)

Grantee: Richmond American Homes of Colorado Inc.

Comments: Lots 1-32, Block 10, Lots 1-11, Block 11, Lots 1-15, Block 12, Lots 1-18, Block 13, Lots 1-18, Block 14, Lots 1-19, Block 15, Lots 1-19, Block 16, Lots 1-29, Block 17 & Tracts A, D & L, Brighton East Farms, Filing No. 3, Amendment No. 1. See 55143 2018. The three tracts total 19.136 acres; the 161 lots total 24.182 acres, or an average of 6,543 square feet per lot. Forty-five of the lots are 5,445 sf, and the largest lot is 10,846 sf.

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.