5551 Allison St

5551 Allison St

Arvada, CO
Available
  • Property Type: Development/Land
  • Property Size: / 2.09 Acres

Overview

Capstone is pleased to present 5551 Allison St, a 2.09 Acres site in Arvada, CO. 

The citizens of Arvada, CO have a great deal of pride in their city. Located just northwest of Denver, Arvada is a community unlike many others. Arvada consistently competes with the larger metropolitan areas in the areas of business and commerce but retains a small-town charm that other suburbs can’t replicate. With such great assets as the Arvada Center, the Apex Center and a historic shopping district, Olde Town, Arvada is thriving. A highly educated workforce, low crime rate and excellent
quality of life have all contributed to the popularity of Colorado’s 8th largest city.

The 80002 zip code is home to some of Arvada's hottest neighborhoods such as South Central, Historic Olde Town, and New Town. Townhomes in these neighborhoods are in high demand, with new units starting in the upper-$500k's up to the low-$700k's. Bidding wars have become commonplace as young couples and first-time homebuyers are pouring into neighborhoods within walking/biking distance of Olde Town. The areas robust growth is showing no signs of slowing down, with Zillow
projecting an 8% increase in home values over the next year.

Investment Highlights

  • Located in Qualified Opportunity Zone with Medium-High density residential zoning (24 units/acre).
  • Less than 1/2 mile to Olde Town Arvada shops, restaurants, and commuter rail station.
  • Sits on top of hill with incredible views facing south and west.
  • Exempted from School Land Dedication/Fee-In-Lieu due to proximity to rail.
  • 80002 zip code home values: 16.3% increase in the past year; 8.0% increase forecasted over next 12 months.

Contact Information

Travis Hodge Senior Advisor P: 404.259.8171
O: 800.746.3175 ext. 766
thodge@capstone-companies.com
Anthony Bobay Investment Sales Advisor P: 720.297.6667
O: 800.746.3175 ext. 767
abobay@capstone-companines.com
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