1709 Paris Street, Aurora, CO 80010
MARVEL HOMES SUBD · Adams County
Key Facts
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)
Property Information
Property Type
Land
Lot Size
0.29 acres
Ownership
Individual
Zoning
R-3
MLS® Listing#
6396245
Property Features
Fencing
Lot Features
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$5,179
Tax year 2025
Parcel Number
182335415013
Affordability Calculator
$300,000
Estimated monthly payment
$7,984/mo
Principal $1,200,000 · Est. interest $1,674,107 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Aurora, CO
- $454,952
- Median Listing Price
- 62
- Median Days on Market
- 1,625
- Median Sq Ft
- $254
- Median Price / Sq Ft
- 3,570
- Active Listings
- This home’s price is 230% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Aurora, CO.
Location
Points of Interest in Aurora, CO
Showing the Aurora area map.
Nearby Schools
North Middle School
Secondary · 0.3 mi away
Montview Elementary School
Elementary · 0.4 mi away
Options School
School · 0.4 mi away
Aurora Public Schools
Elementary · 0.4 mi away
Denver Street School
School · 0.6 mi away
Vega Collegiate Academy
Secondary · 0.6 mi away
Compositive Primary
Elementary · 0.8 mi away
Aurora Public Schools
School · 0.8 mi away
St Therese Catholic Church
School · 0.8 mi away
Aurora Central High School
Secondary · 0.8 mi away
Aurora Science & Tech Middle School
Secondary · 0.8 mi away
Kenton Elementary School
Elementary · 0.9 mi away
Bright Academy
School · 0.9 mi away
Isabella Bird Community School
Elementary · 0.9 mi away
Vaughn Elementary School
Elementary · 0.9 mi away
Peoria Elementary School
Elementary · 1.0 mi away
Fletcher Community School
Elementary · 1.1 mi away
Rocky Mountain Prep
Elementary · 1.1 mi away
Park Lane Elementary School
Elementary · 1.2 mi away
Crawford Elementary School
Elementary · 1.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 7110 S White Crow Way, Aurora, CO | $1,050,000 | 6 | 5 | 5,007 |
| 7110 S White Crow Way, Aurora, CO | $1,050,000 | 6 | 5 | 5,007 |
| 22197 E Easter Circle, Aurora, CO | $1,050,000 | 5 | 4 | 5,739 |
| 22197 E Easter Cir, Aurora, CO | $1,050,000 | 5 | 4 | 5,739 |
| 22007 E Rockinghorse Parkway, Aurora, CO | $1,060,401 | 4 | 4 | 4,121 |
| 22007 E Rockinghorse Pkwy, Aurora, CO | $1,060,401 | 4 | 4 | 4,121 |
Moving Cost Estimate
EXIT Agents in Aurora
Listing Courtesy: HomeSmart Realty - ONLYVKSHARMA@YAHOO.COM
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PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.METROLIST, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
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