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1700 Julian St

Denver, CO 80204

$9,750,000

Land For Sale  •  0.93 ac

Property Details

  • Property Type Land
  • Lot Size 0.93 ac
  • Zoning G-MU-3
58 Transit Score
70 Walk Score

Description

1700-1738 Julian St. is a .93-acre corner Opportunity Zone assemblage of 7 residential properties (five homes, 2 tri-plexes) zoned G-MU-3 (General Urban Multi-Family 3 Stories). Plans are in development for 104 unit multi-family project. The properties are centrally located a half mile directly west of the Bronco Stadium in the booming Sloan’s Lake neighborhood of Denver, Colorado. In addition to the desirable location, the assemblage has been recently designated as part of the new Opportunity Zones which allow for generous tax incentives for a new investor looking to develop the properties.  As part of the tax cuts and jobs act passed in 2017, the Opportunity Zone program is providing federal capital gains tax deferral to investors. Gains from a previous transaction (within 180 days) can be deffered until 2026.  If the investor holds the investment in the Opportunity Fund for 10+ years, any gains realized on a zone investment are tax-exempt.

The assemblage at 1700-1738 Julian provides for a very unique opportunity to invest in the booming Denver Metro multi-family market as well as enjoy tremendous potential tax incentives.

Highlights

Potential to build 90–100 apartment units
Opportunity Zone Allows for exchange deferral of gains, as well as deferral of gains from OZ development
Rare Opportunity Zone Assemblage in desirable the desirable Sloans Lake Neighborhood
Same Street as the Bronco stadium

Property Flyers

Public Transportation

Transit/SubwayDriveWalkDistance
Knox Transit Stop (W Line) 3 min 14 min 0.7 mi
Decatur/Federal Transit Stop (W Line) 3 min 16 min 0.8 mi
AirportDriveWalkDistance
Denver International Airport 46 min - 26.7 mi
Carlos Valencia 720-638-5418 Pinnacle Real Estate Advisors
Carlos Valencia 720-638-5418 Pinnacle Real Estate Advisors