MCT-Zoned Corner Parcel | 0.35 Acres | Opportunity Zone
Competitively Offered 20% Market Value
Marketing description
Mixed-Use Development Opportunity in Lakewood Opportunity Zone. Located at 980 Benton Street, this 0.351-acre (15,290 SF) corner parcel is zoned Mixed Use Core Transit (MCT), allowing for a range of residential and commercial development options. The zoning supports a minimum density of 35 dwelling units per acre, with potential for higher intensity uses subject to City of Lakewood approval.
Positioned within a designated Opportunity Zone, the property may offer potential tax advantages for qualified investors (buyer to verify with tax professional). The site’s location provides proximity to established and emerging development activity, including nearby multifamily and townhome projects, as well as access to the **RTD Light Rail West Line via the Sheridan station and park-and-ride.
The surrounding area continues to see reinvestment and redevelopment, supported by transit access and connectivity to both downtown Denver and the broader West Metro corridor. The corner configuration offers flexibility in site planning, access, and visibility.
Buyer to verify zoning, allowable uses, density, utilities, and development requirements with the City of Lakewood.
Investment highlights
• Mixed-Use Core Transit (MCT) Zoning
Allows a range of residential and commercial uses in a transit-oriented district (buyer to verify permitted uses with the City of Lakewood).
• 0.351 Acres (15,290 SF) – Infill Corner Parcel
Corner configuration offers flexibility for site planning, access, and visibility.
• Density Baseline of 35+ DU/Acre
Zoning supports multifamily density with potential for higher intensity subject to city review and approval.
• Located Within a Designated Opportunity Zone
Potential eligibility for tax advantages for qualified investors (buyer to verify with tax advisor).
• Transit-Connected Location
Proximity to the RTD Light Rail West Line (Sheridan Station) supports transit-oriented development and commuter accessibility.
• Surrounded by Ongoing Redevelopment Activity
Nearby multifamily and townhome projects indicate continued reinvestment in the immediate area.
• Access to Major Employment & Urban Centers
Convenient connectivity to Denver and the broader West Metro corridor via key transportation routes.
• Flexible Development Potential
Suitable for multifamily, mixed-use (residential over retail), or other transit-oriented concepts (subject to zoning and city approval).
• Established Utility & Infrastructure Area
Located within an infill corridor with existing municipal infrastructure (buyer to verify capacity and tap requirements).
• Strong Location Fundamentals
Urban infill setting with access to transit, employment centers, and continued neighborhood investment.
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