Back 1200 Griffith Street
Off Market

1200 Griffith Street

Georgetown CO 80444

0.21 ac.
Land
Last sold for $225,000
Chad TylerChad Tyler, last sold this property on 25 February 2022 after 64 days on market.

Overview

This lot is part of a portfolio sale including 2 other lots. The Seller might consider selling the lots individually, subject to terms. This lot is separated from the other lots by an easement, that Georgetown is open to having moved. .Being zoned multifamily, subject to design, its expected approximately 15-18 apartment units can be built with the 3 lots together. There is also an opportunity for another adjacent off-market purchase to expand the land (discuss with agent). Townhouses would be another good development concept. There is very strong demand for both product types, and this is a great small builder/developer project size. The adjacent recently built 10-unit apt bldg leased up immediately, and recently sold for $274 per Sq. Ft.

Features

0.21 ac. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Georgetown over the last 12 months, the estimated median property value of 1200 Griffith Street is $225k.

Median value
$225k
Estimated value range
$15k - $310k
Median days on market
115
Estimated value trend
23%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Georgetown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1200 Griffith Street

2022
Sold
$225,000
25 Feb 2022 by Chad Tyler, of Tyler Donegan Duncan Real Estate Services, Inc.

Happy sellers in Georgetown

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We have insufficient information to provide an overview of customer satisfaction for Georgetown. Viewing the agent profiles, reviews and sales for Georgetown can provide insights for this location.

Local market activity for land plots in Georgetown

In the last 12 months, 6 land plots similar to 1200 Griffith Street, have been sold.

This represents a 50% decrease in land plots sales when compared to the previous 12 months.

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