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    8905 Colfax Ave Aurora, CO 80010

    For Sale
    $845,000

    Prime 0.33-acre commercial lot, owner financing.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.33-acre commercial land parcel, located at 8905 E Colfax Ave in Aurora, Colorado (zip code 80010), presents a unique redevelopment opportunity. Situated at a prime corner location at the intersection of E. Colfax Avenue and Yosemite, this property boasts significant advantages for investors. The land is zoned OA-MS (Aurora), and is priced at $845,000, or $58 per square foot. All utilities are readily available on-site, including gas, water, electricity, and sewer. A completed Environmental No Further Action Letter is in place, streamlining the development process. This location offers unparalleled access to key regional amenities, including proximity to Children's Hospital, the VA Medical Center, and the Community College of Aurora-Lowry Campus, ensuring high visibility and strong potential for retail development. The seller is offering owner financing, making this an attractive investment opportunity for qualified buyers. This property is in Adams County, Colorado. The latitude and longitude coordinates are 39.740383 and -104.884316 respectively.

    Property Features for 8905 Colfax Ave

    General Information

    Property type
    Land
    Lot Size
    14,375 SF

    HighLights

    • Owner financing available.
    • Excellent redevelopment opportunity at the corner of E. Colfax and Yosemite.
    • Clean environmental assessment completed.
    • Utilities readily available (gas, water, electric, sewer).
    • High‑traffic retail location near Children's Hospital, VA Medical Center, and Community College of Aurora‑Lowry Campus.
    Property Profile Insight Report 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 Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Adams
    State
    Colorado
    Longitude
    -104.884316
    Latitude
    39.740383

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    FAQs

    What type of property is this?
    Land - Prime 0.33-acre commercial lot, owner financing.
    Where is this land located?
    The property is located at 8905 Colfax Ave Aurora, CO.
    What is the asking price?
    The asking price for this property is $845,000.
    What are key features of this property?
    This property features: Owner financing available.; Excellent redevelopment opportunity at the corner of E. Colfax and Yosemite.; Clean environmental assessment completed.
    Request Owner's contact information
    8905 Colfax Ave Aurora, CO 80010
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    Aurora, CO 80010
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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
    8905 Colfax Ave Aurora, CO 80010
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