The subject property is situated less than two blocks northeast of Parker Road, in unincorporated Arapahoe County. This 84,789 foot corner lot (1.945 acres with 300' frontage along Beeler Street and another 282' bordering Mexico) is currently flanked by older SFRs to the north & south, luxury apts to the west and Avant-garde homes to the east. The land is zoned R-3 (a ‘grandfathered but now obsolete zone district in Arap Cnty – NOT Multi-Family). While not yet subdivided, the Arapahoe County zoning regs encourages two story, SFRs (with detached garages) on lot sizes of at least 12,500 (limit of 3DU /acre). Yes, there is land within a few blocks that allows for higher density construction. In this case however, neighborhood forces & history suggest that any zone change designed to increase said density in this immediate neighborhood, would be an arduous process. As such, the property has been priced to eliminate the need for any such change. The seller will not wait for you to try.
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