384-386 Norfolk St Aurora, CO 80011
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Industrial properties
Property Details for 384-386 Norfolk St
- Year built
- 2001
- Lot size
- 0.12 lot acres
- Property size
- 1,475 SF
- Property type
- Industrial properties
Description
This exceptional 1,475 square foot industrial condo, situated on a 0.12-acre lot at 384-386 Norfolk Street in Aurora, CO, presents a compelling investment opportunity. Built in 2001, the property boasts a high cap rate and benefits from a prime location near the intersection of 6th Avenue and Airport Road, providing convenient access to major thoroughfares like I-225 and I-70. The property features two units, configured as a flexible space ideal for a variety of uses. A strong tenant currently occupies the space under a newly signed 3-year lease with a single 5-year extension option, ensuring consistent income. The building's layout is efficient, incorporating a reception area, office space, and kitchen in the front, seamlessly transitioning to a warehouse area in the rear. The warehouse is equipped with radiant heat for comfortable year-round operation and features two 10-foot high drive-in doors for easy loading and unloading. Adding to the property's appeal is a fenced and gated yard at the rear, providing secure outdoor storage. This turnkey investment property offers a rare combination of location, strong tenancy, and desirable features, making it an attractive opportunity for discerning investors. The asking price is $605,000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.795
- Latitude
- 39.7217
