Second-Floor Office
For Sale
$120,000
1010 S Joliet Street #A43, Aurora, CO 80012
A flexible office layout includes private rooms, a reception area, and large exterior windows.
Property Size593 SF
Price / SF$202.36
Days on Market63
Property Features for 1010 S Joliet Street #A43
General Information
Standard status
Active
Size
593 SF
Elevators
Yes
Property subtype
Commercial
Zoning
MU-OI
Site & Location
Neighborhood
Aurora Hills
Additional Details
Floor
2
Property Use
Office
Taxes and HOA fees
Annual Taxes
$1,964
Building Details
Year Built
1982
Units
20
Listing Agency:
Denver Real Estate Connection
(303) 455-0244
Listed By:
Kayla Okafor
(720) 296-2949
Source:
Denverrealestateconnection
Added: Aug 24
Changed: Oct 24
Last Checked: Oct 23 at 4:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Denver Real Estate Connection
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Investment Insights
Based on property information with market context.
Suite 207 is a 593-square-foot office condominium on the second floor of Havana Gardens Center Condos. Its layout includes two private offices, a flex/work room, and a reception and waiting area, with natural light entering through large exterior windows. The building, completed in 1982, has elevator access, shared hallway restrooms, and common surface parking.
The property is in Aurora near the Havana retail corridor, with nearby businesses and restaurants and access to major transportation routes. Zoning is MU-OI.
The property is in Aurora near the Havana retail corridor, with nearby businesses and restaurants and access to major transportation routes. Zoning is MU-OI.
Key Highlights
- 593 SF office condominium
- Two private offices plus a flex/work room
- Reception and waiting area with large exterior windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,454
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$149,080
$149.1K
Cap Rate 7%
$106,486
$106.5K
Cap Rate 9%
$82,822
$82.8K
Market Conditions
NOI Build-Up for 593 SF
Gross rent
$13.2K $22.20/SF
− Vacancy
−$3.2K −$5.44/SF
EGI
$9.9K $16.76/SF
− OpEx
−$2.5K −$4.19/SF
NOI
$7.5K $12.57/SF
Area
ZIP 80012
Vacancy
24.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$149,080
Cap Rate 7%
$106,486
Cap Rate 9%
$82,822
Alternative Uses
Best Use
Office B
$106.5K
$93.2K – $124.2K
NOI $7,454 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$141.8K
$124.1K – $165.5K
NOI $9,927 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
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Business Placement
Demographics for 80012, CO
49,897
Population
20,102
Households
2.5
Avg Household Size
35
Median Age
27%
College-Educated
84%
High-School Grad
7.6 sq mi
ZIP Area
6,565
Density / Sq Mi
$69,835
Median Household Income
$40,526
Median Earnings
$1,697
Median Rent
$398,300
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A flexible office layout includes private rooms, a reception area, and large exterior windows.
Where is this office unit located?
The property is located at 1010 S Joliet Street #A43 Aurora, CO.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: 593 SF office condominium; Two private offices plus a flex/work room; Reception and waiting area with large exterior windows
