Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10501 E Colfax Ave Aurora, CO 80010

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail space in a desirable, rapidly growing Denver neighborhood.

    Property size:
    13,450 SF
    Lot size:
    1.99 Acres

    Property Features for 10501 E Colfax Ave

    General Information

    Standard status
    Active
    Zoning
    OA-G
    Size
    13,450 SF
    Lot size
    1.99 Acres

    Building Details

    Year built
    1996

    We can help!

    Listing Contact
    Joe Winkelmann
    Joe Winkelmann
    Source: Crexi

    Listing Agency: Colliers - Los Angeles - Orange County, California Listing Agent: Joe Winkelmann

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space in Growing Neighborhood

    This retail space is situated in Denver's central submarket, benefiting from proximity to rapidly growing neighborhoods. The Central Park neighborhood is known as a desirable location for young families, while Lowry offers a quieter residential community for families and young professionals, a short drive from downtown. The area's economy is supported by healthcare, aerospace, and bioscience industries. Retailers are drawn to the area's demographics and growth, supported by its location near several of Denver’s most desirable neighborhoods. Colfax Avenue serves as an east-west transportation route connecting downtown Denver with the Anschutz Medical Campus. Plans are underway to implement a new Bus Rapid Transit (BRT) line to improve mobility along the corridor, potentially increasing foot traffic. The property encompasses 13450 square feet. Vacancies in the submarket are at 4.8% as of 25Q1, compared to the metro benchmark of 4.3%. Supply additions have been modest, and the current pipeline includes 16,000 square feet under construction. The property is located at 10501 E Colfax Ave, Aurora, CO 80010.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.8650449
    Latitude
    39.7406721

    Nearby Similar for Sale

    • $3,500,000
      22,261 SF

      Aurora Religious Facility For Sale

      22,261 SF religious facility on 2.949 acres in Aurora.
      15600 E Alameda Pkwy, Aurora, CO 80017
      View Details
    • $400,000

      Versatile Office Condo in Aurora

      Office condo ideal for medical or professional service businesses.
      12393 E Cornell Ave, Aurora, CO 80014
      View Details
    • $1,295,000
      2,600 SF

      Mixed-Use Building on Colfax Avenue

      Newer mixed-use commercial building on high-traffic East Colfax Avenue.
      11075 E Colfax Ave, Aurora, CO 80010
      View Details
    • $360,000

      Functional Industrial Condo For Sale

      Industrial condo with warehouse, office space, and drive-in door.
      700 Billings St, Aurora, CO 80011
      View Details
    • $900,000

      Profitable Car Wash Investment Opportunity

      Fully operational car wash with strong cash flow in Aurora.
      1530 Kingston St, Aurora, CO 80010
      View Details
    • $369,000
      1,475 SF

      Versatile Flex Condo with Storage

      Flex condo with drive-in door and fenced outdoor storage.
      374 Norfolk St, Aurora, CO 80011
      View Details
    • $875,000

      Aurora Retail Investment Opportunity

      Multi-tenant retail building in a high-traffic Aurora location.
      1417 Havana St, Aurora, CO 80010
      View Details
    • $369,000
      1,475 SF

      Versatile Flex Condo with Storage

      Flex condo with drive-in door and fenced outdoor storage.
      374 Norfolk St, Aurora, CO 80011
      View Details
    • $375,000

      Aurora Flex Space For Sale

      Flex space suitable for auto repair, storage, or religious facilities.
      538 Olathe St, Aurora, CO 80011
      View Details
    • $400,000
      2,502 SF

      Versatile Office Condo For Sale

      Spacious office condo ideal for medical or professional services.
      12393 E Cornell Ave, Aurora, CO 80014
      View Details
    • $410,000
      2,499 SF

      Stand-Alone Commercial Condo with Upgrades

      Unique, turnkey commercial condo with recent upgrades and flexible space.
      12311 E Cornell Ave, Aurora, CO 80014
      View Details
    • $999,000

      Restaurant Investment Property on Montview

      Turn-key restaurant investment property on busy Montview Blvd.
      10202 Montview Blvd, Aurora, CO 80010
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space in a desirable, rapidly growing Denver neighborhood.
    Where is this retail space located?
    The property is located at 10501 E Colfax Ave Aurora, CO.
    What are key features of this property?
    This property features: - Located in a submarket drawing from Denver's fastest-growing neighborhoods (Central Park, Lowry).; - Proximity to high-paying healthcare, aerospace, and bioscience industries driving employment.; - Favorable demographics and explosive growth attract retailers.
    Request Owner's contact information
    10501 E Colfax Ave Aurora, CO 80010
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10501 E Colfax Ave
    Aurora, CO 80010
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10501 E Colfax Ave Aurora, CO 80010
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Joe Winkelmann
    Joe Winkelmann
    Real Estate License ID: 01259378
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!