Office/Warehouse Condos with Drive-In
482 Laredo Street #B-E, Aurora, CO 80011
For Sale
$600,000
Five I-1 zoned office/warehouse condos with heavy power and drive-in access, suited for light industrial and hybrid operations.
Property Size4,000 SF
Price / SF$120
Days on Market140
Property Features for 482 Laredo Street #B-E
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Warehouse & Industrial
Clear Height
Drive-In Doors
Heavy Power
Additional Details
Office Units
Building Details
Building Size
Year Built
Listing Agency:
Unique Properties, Inc.
Listed By:
Brad Gilpin · License CO EA.100007414
(303) 668-3733
Source:
Uniqueprop
Added: Jun 25
Changed: Nov 4
Last Checked: Nov 10 at 5:48AM
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 Unique Properties, Inc.
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Investment Insights
Based on property information with market context.
This offering consists of five separate office/warehouse condo units, each designed to support both workplace and warehouse use. The configuration includes a drive-in door measuring 10' x 12' and warehouse clear heights in the 13' to 14' range. Heavy power is available, making the spaces more compatible with tenants that need added electrical capacity. The condos are governed by an association, with dues noted as approximately $236 per month per 1,000 SF unit.
The property is zoned I-1 industrial in the City of Aurora (Arapahoe County). Each unit has direct drive-in access through the stated door opening, supporting straightforward receiving and day-to-day operations. Operating costs are outlined with property taxes of approximately $5,703 per year per 1,000 SF unit, plus utilities for any leased arrangement.
For tenants seeking an office/warehouse layout, the combination of on-site office space and functional warehouse clear height can streamline operations that require storage and workspace in the same facility. Marijuana related uses are listed as approved by the property owner and the owner’s association, which may expand flexibility for qualified operators. Units are available for sale or lease on an individual basis, providing options for both owner-users and single-tenant occupancy strategies.
The property is zoned I-1 industrial in the City of Aurora (Arapahoe County). Each unit has direct drive-in access through the stated door opening, supporting straightforward receiving and day-to-day operations. Operating costs are outlined with property taxes of approximately $5,703 per year per 1,000 SF unit, plus utilities for any leased arrangement.
For tenants seeking an office/warehouse layout, the combination of on-site office space and functional warehouse clear height can streamline operations that require storage and workspace in the same facility. Marijuana related uses are listed as approved by the property owner and the owner’s association, which may expand flexibility for qualified operators. Units are available for sale or lease on an individual basis, providing options for both owner-users and single-tenant occupancy strategies.
Key Highlights
- Five 1,000 SF I‑1 office/warehouse condos available for sale or lease
- Each unit offers a 10' x 12' drive‑in door and 13'–14' clear height
- Heavy power available for the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,433
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$968,660
$968.7K
Cap Rate 7%
$691,900
$691.9K
Cap Rate 9%
$538,144
$538.1K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$61.8K $12.36/SF
− Vacancy
−$4.8K −$0.96/SF
EGI
$57.0K $11.40/SF
− OpEx
−$8.5K −$1.71/SF
NOI
$48.4K $9.69/SF
Area
ZIP 80011
Vacancy
7.80%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$968,660
Cap Rate 7%
$691,900
Cap Rate 9%
$538,144
Alternative Uses
Best Use
Warehouse
$691.9K
$605.4K – $807.2K
NOI $48,433 @ 7.0% cap · market cap 8.07%
Second Best
Industrial
$565.5K
$494.8K – $659.7K
NOI $39,583 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$1.15M
$1.01M – $1.35M
NOI $80,724 @ 7.0% cap · market cap 13.45%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
14 ft
Clear height
5
Drive-in doors
5
Office units
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
Balanced
Demand for This Use
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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
$367,200
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Aurora, CO
Properties on Market for Flex space in Aurora
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Five I-1 zoned office/warehouse condos with heavy power and drive-in access, suited for light industrial and hybrid operations.
Where is this flex space located?
The property is located at 482 Laredo Street #B-E Aurora, CO.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Five 1,000 SF I‑1 office/warehouse condos available for sale or lease; Each unit offers a 10' x 12' drive‑in door and 13'–14' clear height; Heavy power available for the property
