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    1480 Lima St Aurora, CO

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    For Sale
    $1,050,000

    5,800 SF retail building with value-add opportunity in Aurora, CO.

    Property size:
    5,800 SF
    Lot size:
    0.45 Acres

    Property Features for 1480 Lima St

    General Information

    Size
    5,800 SF
    Lot size
    0.45 Acres

    Source: Unique Properties, Inc. Agent Marc Lippitt

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

    Overview

    Aurora Retail Building For Sale

    The property at 1480 Lima Street in Aurora, Colorado, is a 5,800 square foot retail building constructed in 1977. Zoned OA-G, the property offers a versatile layout and expansive space suitable for a diverse set of uses. The building is a masonry construction with a Twin T roof. The property is positioned in the path of development and is in close proximity to the Anschutz Fitzsimons Medical Campus, ensuring long-term growth potential. The property currently features below-market rents, averaging $11.81 per square foot, presenting a chance for yield enhancement. 50% of the building is on short term leases. The property has grandfathered automotive use.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.8131833
    Latitude
    39.7100322

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    FAQs

    What type of property is this?
    Retail space - 5,800 SF retail building with value-add opportunity in Aurora, CO.
    Where is this retail space located?
    The property is located at 1480 Lima St Aurora, CO.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - Value-add investment opportunity with below-market rents ($11.81 PSF) offering yield enhancement potential.; - Strategic location in the path of development and close proximity to Anschutz Fitzsimons Medical Campus ensures long-term growth potential.; - Versatile layout and expansive 5,800 SF space cater to a diverse set of uses due to OA-G zoning.
    (303) 321-5888
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    1480 Lima St Aurora, CO
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    Realmo Value Estimation

    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.

    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.

    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
    1480 Lima St Aurora, CO
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