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Comp of the DayHines lands Thornton’s Parterre site at E-470 & Quebec
Adams County Property Location: Southeast corner E. 152NDAve. & Holly St., Thornton, “Parterre Subdivision” Property Description: Vacant land Land Size: 765.36 acres Sales Price: $20.78M, or $27,150 per acre Reception No.: 74041 2018 Closing Date: 9/10 Grantor: Plateau 470 LLC (Claude J. Zinngrabe Jr.), c/o Fremont Realty...
By John Winslow540 -
Comp of the Day
Melody Homes finds gold in Bennett with 175 platted lots
Adams County Property Location: Southeast corner Penrith Road & U.S. Highway 36, Bennett Property Description: Vacant land Land Size: 24.3317 acres in 175 paper-platted lots Sales Price: $3.24M, or $3.05 psf/$18,500 per lot Reception No.: 2018000064296 Closing Date: 8/16 Grantor: Penrith Park Joint Venture LLC (Jim Marshall, mgr.)...
By John Winslow305 -
Headline News, Rebchook Real Estate CornerFlywheel Capital assembles key site
Flywheel Capital, a Denver-based private real estate investment group created slightly more than a year ago, recently completed an assemblage of almost 4 acres on the southwest corner of East Evans Avenue and south Interstate 25. “It’s Main and Main,” said Ben Hrouda, founder and...
By John Rebchook1350 -
Comp of the Day
Richmond American Homes takes down 39 lots in Brighton
Adams County Property Location: North corner Cherry Blossom & Azalea streets, also fronts north corner of Iris & Cherry Blossom streets, Brighton Property Description: Vacant lots (39 finished lots) Land Size: 289,497 sf, or 6.646 acres Sales Price: $2.74M, or $9.44 psf, or $70,304 per buildable...
By John Winslow889 -
Comp of the Day
Del West acquires 10 acres with plans for 54 homes
Adams County Property Location: 2405 W. 56thAve. (northwest corner Zuni St. & W. 56th Ave.) Property Description: Vacant land* Land Size: 10.143 acres (54 lots planned but not platted) Sales Price: $2.77M, or $6.26 psf, or $51,250 per buildable lot Reception No: 62272 2018 Closing Date: 7/31...
By John Winslow432 -
Headline News, Rebchook Real Estate CornerOffice market soaring in Denver
Office envy. The Denver area’s office market is approaching a decade of expansion and likely will continue to be one of the top office markets in the U.S. “Denver’s office market continued full steam ahead in its ninth straight year of expansion,” according to a...
By John Rebchook1539 -
Comp of the Day
NAVA Real Estate acquires Uptown site for 249 condo units
Denver County Property Location: 575 E. 20thAve., Denver Property Description: Vacant site zoned R-MU-30 Land Size: 46,309 sf Sales Price: $7.01M, or $153.32 psf, or $28,514 per buildable unit Reception No.: 2018064897 Closing Date: 6/01 Grantor: Housing Authority of the City and County of Denver, Ismael Guerrero...
By John Winslow530 -
Comp of the Day
Wheat Ridge infill site targeted for townhomes sells for $1.35M
Jefferson County Property Location: 4000 Upham St., Wheat Ridge Property Description: Residential Improvements, planned for multifamily development (42 townhomes) Land Size: 2 acres Sales Price: $1.35M, or $15.50 psf, or $32,143 per buildable unit Reception No.: 2018053485 Closing Date: 6/13 Grantor: Nodef Colorado Inc. (Yitzchak...
By John Winslow368 -
Comp of the Day
Brighton residential lots sell for $3.38 million, or $21,000 per lot
Adams County Property Location: Vicinity of SWC Baseline Road & North 60thStreet, 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...
By John Winslow1036 -
Headline News, Rebchook Real Estate CornerHotels hot topic for CREJ conference
Hotels in the Denver area boasted record revenues in June. Hotels generated $186.23 million in revenues, a 5.04 percent increase from $177.28 million in June 2017, according to the most recent report from STR, a data and analytics specialist. The revenue increase comes despite the...
By John Rebchook702