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

    16800 E Mississippi Ave Aurora, CO 80017

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,250,000

    Versatile MU-C zoning, ideal for owner-user or investor.

    Property Features for 16800 E Mississippi Ave

    General Information

    Zoning
    MU-C

    Building Details

    Year built
    1986

    We can help!

    Listing Contact
    Phillip A. Yeddis
    Phillip A. Yeddis
    Source: Tcnworldwide

    Listing Agent: Phillip A. Yeddis

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

    Learn more

    Overview

    Aurora Office Building For Sale

    This property presents an opportunity for an owner-user or investor, featuring versatile MU-C zoning that allows for a diverse range of permitted uses. The property is priced below replacement cost. Monument signage enhances visibility and advertising opportunities. The location offers accessibility and convenience, with proximity to retail, restaurants, and entertainment options near E Mississippi Ave & S Buckley Rd. Currently, the property is leased on a Triple Net (NNN) basis through 12/31/2027 with a long term tenant. The roof was replaced in 2018. The parking ratio is 5.25 per 1,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.7925705
    Latitude
    39.6959106

    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
    • $215,000
      0.01 Acres

      Aurora Condo with Rental Income

      Well-maintained condo with long-term tenant in desirable Aurora location.
      17620 E Loyola Dr, Aurora, CO 80013
      View Details
    • $325,000
      1,500 SF

      Aurora Commercial Property For Sale

      Commercial property in Aurora with an 8.24% cap rate.
      2200 Chambers Rd, Aurora, CO 80011
      View Details
    • $725,000
      3,624 SF

      Aurora Retail Building on Colfax

      3,624 SF retail building in Aurora, Colorado.
      9726-9728 E Colfax Ave, Aurora, CO 80215
      View Details
    • New
      $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
    • $897,750
      4,275 SF

      Move-in Ready Aurora Office Building

      Aurora office building for sale with reserved surface parking.
      14180 E Evans Ave, Aurora, CO 80231
      View Details
    • $3,100,000
      4,200 SF

      Prime Retail/Commercial Property For Sale

      Vacant retail/commercial property with high visibility and versatile space.
      Aurora, CO 80015
      View Details
    • $2,700,000
      6,696 SF

      Turnkey Restaurant Opportunity in Aurora

      6,696 SF restaurant with equipment included in high-traffic location.
      Aurora, CO 80016
      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
    • $700,000

      Aurora Gas Station For Sale

      6-pump gas station with a 10-year NNN lease.
      754 Peoria St, Aurora, CO 80011
      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
    • $920,000
      5,673 SF

      Aurora Retail Building For Sale

      5,673 SF retail building near I-225 in Aurora, Colorado.
      13800 E Mississippi Ave, Aurora, CO 80012
      View Details

    FAQs

    What type of property is this?
    Office building - Versatile MU-C zoning, ideal for owner-user or investor.
    Where is this office building located?
    The property is located at 16800 E Mississippi Ave Aurora, CO.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: - Long Term Tenant (NNN) Triple Net Lease through 12/31/2027 provides stable income.; - MU-C (Mixed-Use Corridor) zoning allows for a diverse range of permitted uses.; - Priced below replacement cost.
    (303) 321-5888
    Request Owner's contact information
    16800 E Mississippi Ave Aurora, CO 80017
    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.
    16800 E Mississippi Ave
    Aurora, CO 80017
    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
    16800 E Mississippi Ave Aurora, CO 80017
    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
    Phillip A. Yeddis
    Phillip A. Yeddis
    Real Estate License ID: EA.000249481
    (303) 321-5888 (303) 619-3603
    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!