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3200 Carson Street

Future Residential Development Site Sold At 3200 Carson Street With Seller's Rep Cushman & Wakefield
SOLDDevelopment Site

Future Residential Development Site Sold At 3200 Carson Street With Seller's Rep Cushman & Wakefield

3200 Carson Street

Building Size

215,186 SF

Asset Type

Development Site

Closing

Dec 19, 2025

AI

The property asset involved in this transaction is a future residential development site located at 3200 Carson Street within the Lakewood market. The site encompasses a total area of 215,186 square feet.

Summary of transaction details:

The key individuals involved in the deal include Daniel Rasmussen, Brian Hetherington, Mike Condon Jr., Erica Fink, Reid Gratsch, and Kylie Rawn, who all represented the seller through Cushman & Wakefield during the transaction process.

Players

Erica Fink

Cushman & Wakefield

Broker

$61.3M

vol

3 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Lakewood Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.88%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93