7735 Westview Drive

About this listing

Dive into the endless possibilities of this prime redevelopment gem in Lakewood, Colorado. Nestled at 7735 Westview Drive, this expansive land property serves as a blank canvas for your wildest commercial and residential dreams, promising a return on investment that will make your heart race with excitement.
Situated in the heart of Lakewood, this property's strategic location near shopping centers, entertainment hubs, public transportation, and essential services sets the stage for a development opportunity that is as promising as it is profitable. Let your imagination run wild as you envision the endless potential this location holds for both residential and commercial ventures.
Lakewood, Colorado, presents a promising land development opportunity due to its strong economic growth, desirable location, and growing population.
1. Location and Connectivity
Proximity to Denver: Just a 15-minute drive from downtown Denver, Lakewood provides easy access to the city’s job market, entertainment, and amenities, making it ideal for both residential and commercial developments.
Access to Transportation: Lakewood benefits from a well-established transportation network with nearby access to I-70, I-25, and US Route 6. Additionally, the RTD light rail system connects Lakewood to Denver, making it attractive for transit-oriented developments.
2. Economic Development Incentives
Business-Friendly Policies: Lakewood’s government offers various incentives and partnerships aimed at attracting development, from tax rebates to expedited permit processing for qualified projects.
Opportunity Zones: Some parts of Lakewood are in designated Opportunity Zones, which provide tax incentives for developers and investors looking to deploy capital gains into new developments.
3. Mixed-Use and Residential Demand
Demand for Housing: Lakewood’s growing population has led to a housing demand that outpaces supply, creating a strong market for new residential developments.
Mixed-Use Potential: There is a trend toward mixed-use development, blending residential units with retail, office spaces, and public amenities. Areas around transit hubs are particularly suited for higher-density, mixed-use projects.
4. Growing Commercial Market
Emerging Business Hubs: Lakewood hosts several tech, healthcare, and renewable energy companies, making it a growing employment center. The existing business ecosystem supports demand for new office spaces, coworking facilities, and business parks.
Retail and Dining Expansion: The retail sector has been expanding, with demand for dining, entertainment, and service-oriented businesses growing alongside population increases.
5. Environmental and Outdoor Appeal
Natural Setting: Located at the edge of the Rocky Mountain foothills, Lakewood’s scenic views, parks, and access to outdoor recreation make it attractive for residential developments, particularly those targeting families and outdoor enthusiasts.
Green Development Potential: With an eco-conscious population and the city’s emphasis on sustainable development, projects that incorporate green building practices or energy-efficient designs may receive community support and potential incentives.
6. Zoning and Land Availability
Available Land: While Lakewood is largely developed, there are still areas with undeveloped or underutilized parcels, especially in industrial zones that could be redeveloped for mixed-use or commercial purposes.
Zoning Flexibility: Lakewood’s zoning policies allow for flexible development types in certain areas, making it feasible to explore various project types from single-family homes to high-density apartments and office buildings.
Overall, Lakewood’s location, demand for housing, economic growth, and environmental appeal create a compelling case for land development, especially for projects that align with the city’s sustainable and community-focused ethos.