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    10797 Mississippi Ave Aurora, CO 80012

    Sponsored
    For Lease
    Contact for pricing

    34,000 sq ft lot, B-3 zoning

    Lot size:
    34,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 34,000 square foot commercial land parcel presents a unique investment opportunity in Aurora, Colorado. Located at 10797 E Mississippi Avenue, this single-tenant property is zoned B-3, offering a wide range of potential development options. The expansive lot size provides ample space for various commercial ventures. The property is situated in Arapahoe County, with easy access to major transportation routes, ensuring high visibility and convenient access for businesses and customers. The existing ground lease carries an annual net-net-net (NNN) rent of $80,000, providing a stable income stream for investors. This prime location in Aurora, combined with the flexible B-3 zoning and substantial lot size, makes this an ideal investment for developers seeking a high-return opportunity in a thriving Colorado market. The property's address is 10797 E Mississippi Avenue, Aurora, CO 80012. This is a rare chance to acquire a significant commercial land holding in a desirable area. The property's size and zoning make it suitable for a variety of commercial uses, allowing for significant flexibility and potential for future growth. Serious inquiries are encouraged.

    Property Features for 10797 Mississippi Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,000 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    34,000 SF

    HighLights

    • 34,000 SF commercial land parcel in Aurora, CO.
    • Located at 10797 E Mississippi Avenue, zoned B‑3.
    • $80,000 annual NNN ground lease.
    • Full Mississippi Avenue access.
    • Adjacent to Gardens on Havana development.
    • Excellent retail corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.86284816771
    Latitude
    39.696672912345

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    FAQs

    What type of property is this?
    Land - 34,000 sq ft lot, B-3 zoning
    Where is this land located?
    The property is located at 10797 Mississippi Ave Aurora, CO.
    What are key features of this property?
    This property features: 34,000 SF commercial land parcel in Aurora, CO.; Located at 10797 E Mississippi Avenue, zoned B-3.; $80,000 annual NNN ground lease.
    Request Owner's contact information
    10797 Mississippi Ave Aurora, CO 80012
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    Aurora, CO 80012
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    Realmo Value Estimation

    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.

    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.

    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
    10797 Mississippi Ave Aurora, CO 80012
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