135 South Lamar Street

Lakewood, CO 80226

$525,000
Price
14,633 / 0.34
Lot Size / Acres

Description

Here is an amazing opportunity in the Belmar area of Lakewood for a scrape, lot divide and build new with to up to four separate units possible! No HOA so no concerns there. Currently there is a 1610 Sq,Ft. duplex on a 14,633 Sq. Ft. corner lot that is zoned R-2. The property's condition is average to below average and is on that fine line between scrape or renovate. In my opinion the highest and best use is to scrape, divide the lot in two and build a new single family PLUS and an ADU on each side,...Here is an amazing opportunity in the Belmar area of Lakewood for a scrape, lot divide and build new with to up to four separate units possible! No HOA so no concerns there. Currently there is a 1610 Sq,Ft. duplex on a 14,633 Sq. Ft. corner lot that is zoned R-2. The property's condition is average to below average and is on that fine line between scrape or renovate. In my opinion the highest and best use is to scrape, divide the lot in two and build a new single family PLUS and an ADU on each side, creating 4 (four) total units. I spoke to a City of Lakewood planner and engineer several times and this very possible. There is a minor City of Lakewood (not FEMA) flood plain that nicks the corner of the lot (see pic) but will not reduce building envelope and actually I am told it will be revised and probably removed in the next year or so. Although the current total rents are low ($2470/mo), both sides are rented through 6/30/2025 so enjoy some cash flow while you gather permits & plans, etc. Welcome to drive by but please DO NOT contact tenants. Any showing will be arranged privately when under contract. Should be no problem with conventional financing but no FHA or VA. See supplements for R-2 Zoning and ADU guidelines. Seller will be doing a 1031 Exchange.
  1. Listed by Mike Thys • RE/MAX PROFESSIONALS • 303-907-8660

Amenities

  • Common Outdoor Space
  • Corner Lot
LISTING UPDATED: 10/03/2024 08:23 AM

Property Details for 135 South Lamar Street

StatusActive
MLS #4115047
Days on Compass50
Taxes$3,456 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeVacant Land/Lots
Year Built-
Lot Size0.34 AC
CountyJefferson County

Building Information for 135 South Lamar Street

Lot Size0.34 AC

Property Information for 135 South Lamar Street

Summary
Location and General Information
  • Longitude and Latitude: -105.067619, 39.713726
  • Latitude: 39.71
  • Longitude: -105.07
  • Elementary School District: Jefferson County R-1
  • Middle Or Junior School District: Jefferson County R-1
Parking
  • Garage Type 1: No
Taxes and HOA Information
  • Tax Information: No
  • Tax Year: 2023
  • Has HOA Covenants: No
  • Tax Annual Amount: $3,456
Property
Lot Information
  • Lot Improvements: Corner Lot
  • Lot Size Area: 14,633.00
  • Lot Size Units: Square Feet
  • Has Irrigation Water Rights: No
  • Crops: None
Property and Assessments
  • Total Finished Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Location Description 2: No
  • New Construction YN: No
Utilities
  • Sewer: City Sewer, Public Sewer
Interior and Exterior Features
Interior Features
  • ViewYN: No
  • Baths Full Additional: 0
  • Baths Full Basement: 0
  • Baths Half Additional: 0
  • Baths Half Basement: 0
  • Baths Three Quarters Additional: 0
  • Baths Three Quarters Basement: 0
  • Baths Three Quarters Lower: 0
  • Baths Three Quarters Upper: 0
  • Main Level Bathrooms: 0
Rental
Rental Information
  • Lease Sq Ft Unit: Square Feet
  • Horse YN: No

Property History for 135 South Lamar Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 135 South Lamar Street

Taxable ValueLand$17,552Additions$18,010Total$35,562
Tax Record2023$3,456 ($288 / month)
Home Facts
Total Finished SqFt1,610 SqFtAbove Grade Finished SqFt1,610 SqFtStories1Lot Size14,636 SqFtStyleDuplexYear Built1960Year Renovated2013CountyJEFFERSONAPN49-123-17-001Fireplace TypeHas Fireplace

Schools near 135 South Lamar Street

This home is within Jefferson County R-1 School District.
Rating
School
Type
Grades
Distance
Rose Stein International Elementary
Public - PK to 6
Alameda International High School
Public - 7 to 12
New America School
Charter - 9 to 12
Great Work Montessori
Charter - PK to 8
Rating
School
Distance
Rose Stein International Elementary
PublicPK to 6

Alameda International High School
Public7 to 12

New America School
Charter9 to 12

Great Work Montessori
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 135 South Lamar Street, Lakewood, CO 80226

135 South Lamar Street is a 0.34 ac of land for sale in Lakewood, CO 80226. This property was listed for sale on October 3, 2024 by RE/MAX PROFESSIONALS, it's currently listed at $525,000. It has been on the market for a total of 50 days and was last sold on July 24, 2013. This listing's school district is Jefferson County R-1 School District. Nearby schools include Rose Stein International Elementary, Alameda International High School and New America School. 135 South Lamar Street is a 0-bed, 0-bath, 0.34 ac of land on a 14,633 sq. ft. / 0.34 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX PROFESSIONALS, Mike Thys

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.