Property is prime for development: Zoned R13, 13 units per acre. Owner willing to stay after closing, through buyer's entitlement period. Attached properties (Condos and Townhomes) within 1/2 mile are currently selling between $300k-$750k per unit. Property could be developed into apartments and kept for the long term cashflow. The potential with this property depends on your vision for the property. There is a condo complex directly East of this 1 acre lot. From the City of Arvada: The property is shown on the Comprehensive Plan as MDR for medium density residential. A variety of residential uses are allowed in this site as defined in the housing palette of the LDC https://library.municode.com/co/arvada/codes/code_of_ordinances?nodeId=COARCO_CH2ZODI_ART2-1ZODILOBUST_DIV2-1-3PAOPSPREDI_2-1-3-5R1RE13 https://arvada.org/business/permits-and-applications/your-pre-application