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5555 Ward Rd
Arvada, CO 80002

Land For Sale · 6.20 AC

INVESTMENT HIGHLIGHTS

  • Unobstructed Mountain Views
  • Backs up to Open Space

EXECUTIVE SUMMARY

CBRE is pleased to present this unique opportunity to acquire an approximate six-acre parcel of land in Arvada, a highly desirable western suburb of Denver. The site boasts beautiful Western Mountain views and is adjacent to the Van Bibber Park public open space. This property is owned by and neighbors Arvada Evangelical Covenant Church and is zoned MX-S (Mixed-Use Suburban), allowing for a diverse range of commercial applications including Senior Living/Continuing Care Facilities, Medical or Professional Offices, Art Studios/Makerspaces, Indoor or Outdoor Recreation Facilities, Daycare Facilities or Schools. Conditional uses within the zoning designation the City of Arvada will consider include residential options. The proposed use as presented in an offer will be carefully considered by Arvada Covenant Church in light of its objective to have a neighboring property that will complement the existing church facility and property.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Apartment Units - Senior
  • Community Centre
  • Daycare Centre
  • Healthcare
  • Medical
  • Schools
Total Lot Size 6.20 AC

1 LOT AVAILABLE

Lot

Price $5,008,729 CAD
Price Per AC $807,859.57 CAD
Lot Size 6.20 AC

DESCRIPTION

Strategically positioned just one mile north of the I-70 interchange and three-quarters of a mile from the Wheat Ridge/Ward Road Station (RTD light rail), the site offers exceptional accessibility. Other locational amenities include proximity to Olde Town Arvada to the east as well as the City of Golden to the west, new residential, commercial, and retail development validating the market, and being part of the western Denver metropolitan area it enjoys easy access to mountain highways. Nestled within a growing and thriving western Denver metropolitan area, the site itself is unique in its adjacency to Van Bibber Park, an expansive 164-acre green space featuring meadows, rolling hills, wetlands, and over five miles of trails for hiking, biking and equestrian activities. The westerly views from the property are truly breathtaking, presenting an exceptional opportunity for development that seamlessly integrates with the existing 15-acre campus and enhances the surrounding community. In a growing and dynamic market, this site stands apart, offering a one-of-a-kind development opportunity that leverages the unique amenities of its location, notably Van Bibber Park.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
39-172-00-001
Land Assessment
$2,131,385 CAD
Improvements Assessment
$3,078,485 CAD
Total Assessment
$5,209,870 CAD

ZONING

Zoning Code MX-S (Mixed-Use Suburban)
MX-S (Mixed-Use Suburban)
  • Listing ID: 31380158

  • Date on Market: 2024-04-01

  • Last Updated:

  • Address: 5555 Ward Rd, Arvada, CO 80002

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