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Infill site near Denver Federal Center closes for $5.92 per sf

Jefferson County

Property Location: NWC West Alameda Drive & West Virginia Avenue, Lakewood

Property Description: Vacant land

Land Size: 2.72 acres

Sales Price: $700,000, or $5.92 per sf

Reception No.: 2016088532

Closing Date: 9/2

Grantor: FDOT LLC, Keith Bednarowski, mgr.

Grantee: Green Mountain Terrace LLC, William Lyons Jr., mgr., 6143 S. Willow Drive, Suite 300, Greenwood Village 80111, 720-488-1600

Financing: Cash

Comments: See APN: 49-172-02-006. Property was listed by Mike Kboudi, Jim Capecelatro & T.J. Johnson of Cushman & Wakefield, 303-292-3700. Preliminary development plans awaiting approval by the city of Lakewood indicate 28 townhomes for this property.

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.