Aurora Retail Opportunity For
For Sale
$3,300,000
482 & 490 South Chambers Road, Aurora, CO 80017
Well-located commercial space in Aurora's retail corridor.
Property Size16,438 SF
Price / SF$200.75
Days on Market213
Property Features for 482 & 490 South Chambers Road
General Information
Standard status
Active
Size
16,438 SF
Property subtype
Retail - Street Retail
Site & Location
Neighborhood
Aurora Highlands
Building Details
Building Size
16,438 SF
Listing Agency:
Panorama Commercial Group
Listed By:
Mark Pyms · License #ER314551
(720) 318-9454
Source:
Commercialcafe
Added: Mar 27
Changed: Oct 25
Last Checked: Oct 24 at 1:57PM
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 Panorama Commercial Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property at 490 S. Chambers Road is a commercial opportunity in Aurora, situated along a retail and service corridor. The street-level portion of City Center Marketplace has been recently condiminimized. The location benefits from visibility and access, with connectivity to thoroughfares serving the Denver metropolitan area. Located near the intersection of South Chambers Road and East Alameda Avenue, the site is surrounded by residential neighborhoods, retailers, and service-oriented businesses. This location drives daily activity and exposure for tenants and visitors. Parking is shared with City Center Marketplace. The property size is 16,438 square feet.
Key Highlights
- High‑traffic location in the heart of Aurora.
- Excellent visibility and convenient access.
- Direct connectivity to major thoroughfares serving the Denver metro area.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$208,465
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,169,300
$4.2M
Cap Rate 7%
$2,978,071
$3.0M
Cap Rate 9%
$2,316,278
$2.3M
Market Conditions
NOI Build-Up for 16,438 SF
Gross rent
$325.5K $19.80/SF
− Vacancy
−$27.7K −$1.68/SF
EGI
$297.8K $18.12/SF
− OpEx
−$89.3K −$5.44/SF
NOI
$208.5K $12.68/SF
Area
Aurora, CO
Vacancy
8.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,169,300
Cap Rate 7%
$2,978,071
Cap Rate 9%
$2,316,278
Alternative Uses
Best Use
Retail
$2.98M
$2.61M – $3.47M
NOI $208,465 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.59M
$4.02M – $5.36M
NOI $321,527 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
386
Businesses Nearby
109k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 36%
Dining 32%
Shops & Services 29%
Beauty & Spa 2%
Safeway
Groceries
39,665 visits/mo
0.1 miles
Starbucks
Dining
14,944 visits/mo
0.2 miles
Chase Bank
Shops & Services
8,560 visits/mo
0.3 miles
Qdoba Mexican Grill
Dining
8,452 visits/mo
0.1 miles
Conoco
Shops & Services
7,072 visits/mo
0.4 miles
Demographics for 80017, CO
37,637
Population
14,810
Households
2.5
Avg Household Size
33
Median Age
24%
College-Educated
84%
High-School Grad
9.2 sq mi
ZIP Area
4,091
Density / Sq Mi
$76,458
Median Household Income
$42,126
Median Earnings
$1,755
Median Rent
$383,700
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 Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Well-located commercial space in Aurora's retail corridor.
Where is this retail space located?
The property is located at 482 & 490 South Chambers Road Aurora, CO.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: High‑traffic location in the heart of Aurora.; Excellent visibility and convenient access.; Direct connectivity to major thoroughfares serving the Denver metro area.
