Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2953 Peoria St Aurora, CO 80014

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Modern medical suites, ample parking, prime Aurora location.

    Lot size:
    39,565 SF

    Property Features for 2953 Peoria St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    39,565 SF
    Total Rate
    49456.25

    Spaces For Lease

    at 2953 Peoria St, Aurora, CO 80014 Contact us
    Unit Suite 230

    $17 /Mo

    Size
    6,571 SF
    Contact us
    Unit Suite 260

    $17 /Mo

    Size
    5,771 SF
    Contact us
    Unit Suite 210

    $17 /Mo

    Size
    4,209 SF
    Contact us

    We can help!

    Listing Contact
    Travis Wanger
    Travis Wanger

    Listing Agency: Fuller Real Estate Listing Agent: Travis Wanger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This recently renovated, 39,565 square foot medical office building in Aurora, Colorado offers multiple tenancy options. Three spaces are currently available, ranging from 4,209 to 6,571 square feet, ideal for various medical practices or labs. The building boasts an updated lobby and modern units, complemented by abundant free parking for tenants and visitors. Its convenient location in southeast Aurora provides easy access to major transportation arteries, including the RTD 9-Mile Light Rail & Bus Station, Parker Road, and I-225. This ensures seamless commutes for staff and patients alike. The area also offers a wealth of nearby retail and restaurant amenities, enhancing convenience and attracting clientele. A responsive landlord is offering tenant improvement incentives, making this an attractive opportunity for businesses seeking a move-in ready space. Located in Arapahoe County, with a zip code of 80014, this property presents a compelling combination of modern amenities, convenient location, and landlord support. The starting rate for a five-year lease term is $15 to $17 per square foot. This locally owned and operated building is ready for its next chapter.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.84735185016
    Latitude
    39.662732326891

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      South Vaughn Way

      All-inclusive access to workspace, virtual office and meeting rooms in 505 Montgomery
      3190 Vaughn Way, Aurora, CO 80014
      View Details
    • Contact for pricing

      CO, Aurora - Iliff Ave

      Discover many ways to work your way in University Executive Park
      14001 Iliff Ave, Aurora, CO 80014
      View Details
    • $18 SF/Yr
      4,500 SF

      Aurora Office Space Near Transit

      4,500 SF office space with excellent transit access.
      2675 S Abilene St, Aurora, CO
      View Details
    • $18 SF/Yr
      2,352 SF

      Aurora Office Building For Rent

      High image office building near Aurora Mall and light rail.
      14707 E 2 Ave, Aurora, CO
      View Details
    • $20 SF/Yr
      1,698 SF

      Aurora Office Space for Rent

      Office space near Iliff Ave and I-225 interchange.
      12200 E Iliff Ave, Aurora, CO 80210
      View Details
    • $2,440 /Mo
      1,565 SF

      Aurora Flex Space For Rent

      Flex space available near I-70 and I-225.
      333 Airport Blvd, Aurora, CO 80011
      View Details
    • $25 SF/Yr
      2,831 SF

      Aurora Retail Space For Rent

      Retail space available in a high-traffic Aurora location.
      16960 E Quincy Ave, Aurora, CO 80237
      View Details
    • $16 SF/Yr
      4,000 SF

      Dayton Street Retail/Office Conversion

      Retail and office spaces available near Stanley Marketplace.
      2246 Dayton St, Aurora, CO
      View Details
    • $7 SF/Yr
      4,400 SF

      Restaurant Space with Patio

      Second generation restaurant space with patio available for rent.
      2100 North Ursula St, Aurora, CO
      View Details
    • $625 /Mo
      1,059 SF

      Aurora Office Suite for Rent

      First floor office suite with five private offices available now.
      10730 E Bethany Dr, Aurora, CO 80014
      View Details
    • $41 SF/Yr
      2,349 SF

      Aurora Retail Space For Rent

      Mixed-use development near Anshutz Medical Center with existing restaurant infrastructure.
      13650 E Colfax Ave, Aurora, CO 80111
      View Details
    • $15 SF/Yr
      4,781 SF

      Aurora Retail Space For Rent

      Retail space available for lease in Aurora, Colorado.
      1421-1441 Dayton St, Aurora, CO
      View Details

    FAQs

    What type of property is this?
    Medical office - Modern medical suites, ample parking, prime Aurora location.
    Where is this medical office located?
    The property is located at 2953 Peoria St Aurora, CO.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    (303) 881-1061 Call to check price and availability
    Request Owner's contact information
    2953 Peoria St Aurora, CO 80014
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2953 Peoria St
    Aurora, CO 80014
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2953 Peoria St Aurora, CO 80014
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Travis Wanger
    Travis Wanger
    Real Estate License ID: FA100085277
    (303) 881-1061 (720) 287-5406 (720) 974-2790
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!