Industrial Property with Towing
For Sale
Contact for pricing
1900 E Colfax Ave, Aurora, CO 80011
I-1-zoned industrial property with rental income and an operating towing business available for acquisition.
Property Size45,416 SF
Price / SF$440.37
Days on Market53
Property Features for 1900 E Colfax Ave
General Information
Standard status
Active
Size
45,416 SF
Total Parking Spaces
169
Property subtype
Industrial
Zoning
I-1
Investment Type
Owner/User
Additional Details
Business Included
Yes
Building Details
Year Built
1997
Buildings
6
Tenancy
Single
Listing Agency:
Coldwell Banker Commercial NRT
Listed By:
Dave Drahn · License #CO
Source:
Crexi
Added: Aug 26
Changed: Oct 3
Last Checked: Oct 16 at 6:41AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property was built in 1997 and carries I-1 zoning. The asset is associated with an operating towing business, which may also be acquired, and includes an existing rental-income component.
Located at 1900 E Colfax Ave in Aurora, Colorado, the property has a listed size of 45,416. Its automotive orientation and established business component provide a combination of industrial real estate and operating-business functionality.
Located at 1900 E Colfax Ave in Aurora, Colorado, the property has a listed size of 45,416. Its automotive orientation and established business component provide a combination of industrial real estate and operating-business functionality.
Key Highlights
- I‑1 zoning supports the property’s industrial classification
- Built in 1997
- Existing rental income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$610,788
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,215,760
$12.2M
Cap Rate 7%
$8,725,543
$8.7M
Cap Rate 9%
$6,786,533
$6.8M
Market Conditions
NOI Build-Up for 45,416 SF
Gross rent
$915.6K $20.16/SF
− Vacancy
−$43.0K −$0.95/SF
EGI
$872.6K $19.21/SF
− OpEx
−$261.8K −$5.76/SF
NOI
$610.8K $13.45/SF
Area
ZIP 80011
Vacancy
4.70%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,215,760
Cap Rate 7%
$8,725,543
Cap Rate 9%
$6,786,533
Alternative Uses
Best Use
Retail
$8.73M
$7.63M – $10.18M
NOI $610,788 @ 7.0% cap · market cap 3.05%
Second Best
Industrial
$5.14M
$4.49M – $5.99M
NOI $359,539 @ 7.0% cap · market cap 1.80%
Theoretical Best
Office A
$10.47M
$9.17M – $12.22M
NOI $733,232 @ 7.0% cap · market cap 3.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
6,154
Businesses Nearby
Explore this area
Business Placement
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 Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - I-1-zoned industrial property with rental income and an operating towing business available for acquisition.
Where is this industrial property located?
The property is located at 1900 E Colfax Ave Aurora, CO.
What is the asking price?
The asking price for this property is $20,000,000.
What are key features of this property?
This property features: I‑1 zoning supports the property’s industrial classification; Built in 1997; Existing rental income
