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

    597 Olathe St Aurora, CO 80011

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $22 SF/Yr

    Five industrial-flex units available for lease near Airport Blvd.

    Building Details

    Year built
    1982

    We can help!

    Listing Contact
    Garrette Snyder
    Source: Tcnworldwide

    Listing Agent: Garrette Snyder

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

    Learn more

    Overview

    Aurora Flex Industrial Units For Lease

    Five industrial-flex units, each offering 1,750 square feet, are available for lease. The property is located along 6th Avenue near Airport Boulevard, providing convenient access to I-225, Denver International Airport (DIA), Buckley Air Force Base, and the Anschutz Medical Campus. Each unit features a drive-in overhead door, facilitating easy loading and unloading. A private entrance is provided for each unit. The open warehouse layout allows for customization with the addition of office or workspace as needed. On-site parking is available. The property is zoned for industrial-flex use.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.781
    Latitude
    39.7351

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      South Vaughn Way

      All-inclusive access to workspace, virtual office and meeting rooms in 505 Montgomery
      3190 Vaughn Way, Aurora, CO 80014
      View Details
    • Contact for pricing

      CO, Aurora - Iliff Ave

      Discover many ways to work your way in University Executive Park
      14001 Iliff Ave, Aurora, CO 80014
      View Details
    • $6,667 /Mo

      Aurora Office/Warehouse Condos For Lease

      Five 1,000 SF office/warehouse condos for lease in Aurora.
      482 Laredo St, Aurora, CO 80011
      View Details
    • $18 SF/Yr
      4,500 SF

      Aurora Office Space Near Transit

      4,500 SF office space with excellent transit access.
      2675 S Abilene St, Aurora, CO
      View Details
    • $18 SF/Yr
      2,352 SF

      Aurora Office Building For Rent

      High image office building near Aurora Mall and light rail.
      14707 E 2 Ave, Aurora, CO
      View Details
    • $20 SF/Yr
      1,698 SF

      Aurora Office Space for Rent

      Office space near Iliff Ave and I-225 interchange.
      12200 E Iliff Ave, Aurora, CO 80210
      View Details
    • $2,440 /Mo
      1,565 SF

      Aurora Flex Space For Rent

      Flex space available near I-70 and I-225.
      333 Airport Blvd, Aurora, CO 80011
      View Details
    • $25 SF/Yr
      2,831 SF

      Aurora Retail Space For Rent

      Retail space available in a high-traffic Aurora location.
      16960 E Quincy Ave, Aurora, CO 80237
      View Details
    • $16 SF/Yr
      4,000 SF

      Dayton Street Retail/Office Conversion

      Retail and office spaces available near Stanley Marketplace.
      2246 Dayton St, Aurora, CO
      View Details
    • $7 SF/Yr
      4,400 SF

      Restaurant Space with Patio

      Second generation restaurant space with patio available for rent.
      2100 North Ursula St, Aurora, CO
      View Details
    • $625 /Mo
      1,059 SF

      Aurora Office Suite for Rent

      First floor office suite with five private offices available now.
      10730 E Bethany Dr, Aurora, CO 80014
      View Details
    • $41 SF/Yr
      2,349 SF

      Aurora Retail Space For Rent

      Mixed-use development near Anshutz Medical Center with existing restaurant infrastructure.
      13650 E Colfax Ave, Aurora, CO 80111
      View Details

    FAQs

    What type of property is this?
    Flex space - Five industrial-flex units available for lease near Airport Blvd.
    Where is this flex space located?
    The property is located at 597 Olathe St Aurora, CO.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Five industrial-flex units available, each offering 1,750 SF; - Prime location minutes from I-225, DIA, Buckley Air Force Base, and Anschutz Medical Campus; - Drive-in overhead door for easy loading and unloading
    (239) 289-7144
    Request Owner's contact information
    597 Olathe St Aurora, CO 80011
    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.
    597 Olathe St
    Aurora, CO 80011
    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
    597 Olathe St Aurora, CO 80011
    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
    Garrette Snyder
    (239) 289-7144
    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!