0.29-acre lot in MARVEL HOMES SUBD

Active$1,500,000

MLS® Listing#6396245 · Land · Listed Jun 19, 2026

1709 Paris St, Aurora, CO 80010

MARVEL HOMES SUBD · Adams County

1 photo

0.29Acre lot

Description

709 Paris St is the only remaining vacant/development-ready lot in this rapidly transforming neighborhood adjacent to the University of Colorado Hospital & Anschutz Medical Campus. Zoned R-3, the site supports high-density residential development, including multi-unit buildings, condos, townhomes, or a mid-rise structure. Existing structure is non-habitable and should be demolished; value is in the land and development potential. This location offers unmatched demand from medical professionals, students, and hospital staff - making it a prime opportunity for developers seeking high-yield rental or resale projects. PROPERTY HIGHLIGHTS Zoning: R-3 (High-Density Residential)MARKET JUSTIFICATION FOR PRICE To justify the seller's $1.5M expectation, highlight developer-level comps, not residential sales: 1. New Construction Sales Near Anschutz Townhomes selling $550K-$750K Condos selling $400K-$600K Multi-unit buildings generating $2,000-$2,800/mo per unit in rent 2. Land Scarcity This is the last available development lot in the neighborhood - scarcity drives premium pricing. 3. Institutional Demand The Anschutz campus population creates permanent, stable demand for housing. 4. Developer ROI A 12-20 unit project can easily justify a $1.5M land acquisition when projected: Gross revenue: $8M-$12M (sales) Annual rental income: $500K-$800K+ (if held as rentals)

Full description online — scan the code for the complete listing.

Property information

Property type: Land
Lot size: 0.29 acres
Annual taxes (2025): $5,179
HOA fee: None
Days on market: 119
Zoning: R-3

Features

Lot: Corner Lot
Sewer / Water: Public Sewer · Public

$1,500,000List price

0.29Acre lot

3 months agoOn market

$1,500,000

1709 Paris St

Aurora, CO 80010

Active

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EXIT Mosaic RealtyCentennial, COCall

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Description

Property Information

Property type: Land
Lot size: 0.29 acres
Zoning: R-3
Days on market: 119
MLS^® Listing#: 6396245

Property Features

Parking: None
Lot features: Corner Lot
Sewer: Public Sewer
Water source: Public

Financial Details

HOA: None
Annual taxes: $5,179Tax year 2025

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Connect with a Local Real Estate Expert

Stephan Poullier
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EXIT Mosaic Realty
Tasha Beckman
Broker of Record
EXIT Mosaic Realty
Nicole Robilotto
Associate Broker
EXIT Mosaic Realty
Amanda Edmondson
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Description

Property Information

Property Features

Financial Details

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1280 Yosemite StreetDenver, CO 80220#7869834

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1608 Oakland StAurora, CO 80010#9062371

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Connect with a Local Real Estate Expert

Stephan Poullier

Tasha Beckman

Nicole Robilotto

Amanda Edmondson

Marina-Jeanne Lewallen

Amy Ashby

More listings to consider

1280 Yosemite StreetDenver, CO 80220#7869834

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1671 Oswego StreetAurora, CO 80010#7992371

1671 Oswego StAurora, CO 80010#7992371

1608 Oakland StAurora, CO 80010#9062371

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