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Entitled Multifamily Development Site
For Sale
$7,300,000

12400 E Colfax Ave, Aurora, CO 80011

Fully approved for multifamily residential development with entitlements and permits already secured for near-term construction.

Property SizeContact for details
Days on Market69

Property Features for 12400 E Colfax Ave

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $100
Listing Agency: COLDWELL BANKER COMMERCIAL, NRT
Listed By: Brian Campbell
Source: Elliman
Added: Jun 12 Changed: Aug 16 Last Checked: Aug 18 at 7:41AM

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 COLDWELL BANKER COMMERCIAL, NRT

Investment Insights

Based on property information with market context.

This development-ready multifamily site is fully approved for multifamily residential development, with entitlements and permits already secured. That approval package is designed to streamline the buyer’s path toward construction by reducing uncertainty and timing risk associated with zoning and permitting processes.

The property is positioned along the East Colfax corridor with access to major transportation routes and public transit. Walking and transit scores are provided as somewhat walkable and good transit, respectively.

The site is described as minutes from the Anschutz Medical Campus, a major employment center in the area. The remarks specifically cite the University of Colorado Hospital, Children’s Hospital Colorado, UCHealth, and the University of Colorado School of Medicine.

Key Highlights

  • Fully approved for multifamily residential development with entitlements and permits already secured for near‑term construction.
  • Development‑ready multifamily investment opportunity with zoning, entitlement, and permitting approval already obtained.
  • Located along the East Colfax corridor with access to major transportation routes and public transit.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,115
Businesses Nearby

Demographics for 80011, CO

54,254
Population
19,108
Households
2.8
Avg Household Size
32
Median Age
19%
College-Educated
76%
High-School Grad
20.4 sq mi
ZIP Area
2,660
Density / Sq Mi
$69,719
Median Household Income
$36,853
Median Earnings
$1,607
Median Rent
$367,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully approved for multifamily residential development with entitlements and permits already secured for near-term construction.
Where is this apartment building located?
The property is located at 12400 E Colfax Ave Aurora, CO.
What is the asking price?
The asking price for this property is $7,300,000.
What are key features of this property?
This property features: Fully approved for multifamily residential development with entitlements and permits already secured for near‑term construction.; Development‑ready multifamily investment opportunity with zoning, entitlement, and permitting approval already obtained.; Located along the East Colfax corridor with access to major transportation routes and public transit.
More about this property
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