Office Unit in Mixed-Use
For Sale
Contact for pricing
12361 E Cornell Ave, Aurora, CO 80014
Office unit within a 1983 commercial property designated MU-C.
Property Size2,560 SF
Price / SF$146.48
Days on Market61
Property Features for 12361 E Cornell Ave
General Information
Standard status
Active
Size
2,560 SF
Total Parking Spaces
1
Property subtype
Office
Zoning
MU-C
Building Details
Year Built
1983
Stories
3
Tenancy
Multi
Listing Agency:
Trevey Commercial Real Estate
Listed By:
Landon Michael · License #FA100105520
(720) 636-4607
Source:
Crexi
Added: Aug 11
Changed: Sep 24
Last Checked: Oct 9 at 8:20PM
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 Trevey Commercial Real Estate
Investment Insights
Based on property information with market context.
This office unit is part of a commercial property constructed in 1983. The property contains 2,560 square feet and carries MU-C zoning, supporting its classification within a mixed-use commercial setting.
The property is located at 12361 E. Cornell Ave. in Aurora, Colorado, with a 80014 ZIP code. Its office-unit configuration provides a defined commercial space for office occupancy or ownership.
The property is located at 12361 E. Cornell Ave. in Aurora, Colorado, with a 80014 ZIP code. Its office-unit configuration provides a defined commercial space for office occupancy or ownership.
Key Highlights
- 2,560‑square‑foot office unit
- MU‑C zoning designation
- Built in 1983
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,348
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,960
$647.0K
Cap Rate 7%
$462,114
$462.1K
Cap Rate 9%
$359,422
$359.4K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$55.3K $21.60/SF
− Vacancy
−$12.2K −$4.75/SF
EGI
$43.1K $16.85/SF
− OpEx
−$10.8K −$4.21/SF
NOI
$32.3K $12.64/SF
Area
Aurora, CO
Vacancy
22.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,960
Cap Rate 7%
$462,114
Cap Rate 9%
$359,422
Alternative Uses
Best Use
Office B
$462.1K
$404.4K – $539.1K
NOI $32,348 @ 7.0% cap · market cap 8.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$715.3K
$625.9K – $834.6K
NOI $50,074 @ 7.0% cap · market cap 13.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,063
Businesses Nearby
Explore this area
Business Placement
Demographics for 80014, CO
41,711
Population
19,903
Households
2.1
Avg Household Size
40
Median Age
44%
College-Educated
93%
High-School Grad
7.2 sq mi
ZIP Area
5,793
Density / Sq Mi
$72,561
Median Household Income
$47,950
Median Earnings
$1,800
Median Rent
$386,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Office unit within a 1983 commercial property designated MU-C.
Where is this office units located?
The property is located at 12361 E Cornell Ave Aurora, CO.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2,560‑square‑foot office unit; MU‑C zoning designation; Built in 1983
