OFFERING MEMORANDUM 5551 ALLISON ST, 8150 RENO DR & 5480 BALSAM ST ARVADA, CO 80007 TRAVIS HODGE ANTHONY BOBAY TRINA BURTON Senior Advisor Investment Sales Advisor Broker Associate Sierra Vista Realty, LLC
[email protected] [email protected] [email protected] 404.259.8171 720.297.6667 720.209.9002 | 720.772.7171 TABLE OF CONTENTS PROPERTY OVERVIEW LOCATION OVERVIEW APPENDIX PROPERTY OVERVIEW PROPERTY HIGHLIGHTS Located in Qualified Opportunity Zone with Medium-High density residential zoning (24 units/acre). Less than 1/2 mile to Olde Town Arvada shops, restaurants, and commuter rail station. Sits on top of hill with incredible views facing south and west. Exempted from School Land Dedication/Fee-In-Lieu due to proximity to rail. 80002 zip code home values: 16.3% increase in the past year; 8.0% increase forecasted over next 12 months. SITE OVERVIEW SITE OVERVIEW ADDRESS 5551 ALLISON ST, 8150 RENO DR & 5480 BALSAM ST CITY/STATE/ZIP CODE ARVADA, CO 80002 PARCEL ID 3914206032, 3914206031, 3914206030 COUNTY JEFFERSON ZONING MUNICIPALITY CITY OF ARVADA ZONING R24 PARCEL SIZE (SF) 91,012 SF PARCEL SIZE (AC): 2.09 ACRES MAX HEIGHT (FT): 35' ENVIRONMENTAL CONDITION: NO KNOWN CONDITIONS FEMA FLOOD ZONE DESIGNATION: NONE MILL LEVY: 96.499 LIST PRICE: TBD BY MARKET LOCATION OVERVIEW NEIGHBORHOOD DESCRIPTION The citizens of Arvada, CO have a great deal of pride in their city. Located just northwest of Denver, Arvada is a community unlike many others. Arvada consistently competes with the larger metropolitan areas in the areas of business and commerce but retains a small-town charm that other suburbs can’t replicate.