About 2445 S Jackson Street
UNIQUE BUILDING OPPORTUNITY! 18,000 SF lot for sale- You rarely see a lot this size for sale in Denver anymore. It fits all zoning requirements to be split into two 9,000 SF lots- Still extra large compared to the 6250 SF & 7500 SF lots most common in Observatory Park. POSSIBILITIES: You could knock down the house & finalize the lot split & sell both lots for the neighborhood market value ($1,250,000-$1,350,000) 2) Split the lot into two 9,000 SF lots, build for yourself on one side & sell the other. 3) Split the lot & build 2 new luxury spec homes on one of Denver's prettiest streets for huge profit potential. Zoning allows for a typical new build size for the neighborhood and the average price for new homes built since 2022 is $3.2M for an average. 4) or build one huge luxury home on this gorgeous oversized lot for yourself or a custom client. This portion of Jackson Street is often described as a country lane in the city. The cottonwood tree-lined street has no cross streets & a permanent exemption from sidewalk requirements. There's already a temporary 2nd address from the city; a survey showing all information the city needs to sub-divide; asbestos testing results & certificate showing all interior asbestos was removed. The lot has 2 curb cuts & 2 gates, a newer water line & a new circular driveway that can easily be modified to be reused for 2 new homes. There's a privacy fence in the backyard & original stately wrought iron fencing around the front. A 2 year old home down the street recently sold for $3.245M on a slightly smaller lot. Observatory Park's highest price sale is $5.396M. The median price per square foot for homes built since 2021 was $859 PSF above ground & $578 PSF total - sod in a median of 36 days. Observatory Park is a premier Denver neighborhood with 2 parks & a great location right between downtown Denver & the Denver Tech Center. This property is ready for redevelopment @ an amazing price!
Features of 2445 S Jackson Street
MLS® # | 3357179 |
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Price | $1,759,900 |
Bathrooms | 0.00 |
Acres | 0.41 |
Type | Land |
Sub-Type | Subdividable |
Status | Active |
Community Information
Address | 2445 S Jackson Street |
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Subdivision | Observatory Park |
City | Denver |
County | Denver |
State | CO |
Zip Code | 80210 |
Amenities
Utilities | Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected |
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Parking Spaces | 2 |
Parking | Circular Driveway, Concrete, Exterior Access Door, Lighted, Oversized, Storage |
# of Garages | 2 |
Is Waterfront | No |
Has Pool | No |
Interior
Fireplace | No |
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Exterior
Lot Description | Landscaped, Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear, Subdividable |
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Fencing | Full |
School Information
District | Denver 1 |
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Additional Information
Date Listed | February 29th, 2024 |
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Zoning | S-SU-D |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Restrictions | Affordable Housing, Income Restriction, Mobile/Manufactured Homes Not Allowed, Modular Homes Not Allowed |
Listing Details
Office | Madison & Company Properties |
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Contact | 720-422-0950 |