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Property profile & analytics

10501 E Colfax Ave Aurora, CO 80215

  • Retail space
  • 13,378 SF
  • 1.99 lot acres
Value Estimation
Last Sale
Aug 23, 2023
$6,227,000
Location Intelligence
Property ID
US13-1079308
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 10501 E Colfax Ave

Year built
1996
Lot size
1.99 lot acres
Property size
13,378 SF
Property type
Retail space
APN
R0097196
APU
R0097196

Description

Exceptional opportunity to lease a ±13,500 square foot single-tenant medical or creative office space located at 10501 E Colfax Avenue in Aurora, Colorado. This former Walgreens location boasts a prime position at the northeast corner of Havana Street and E Colfax Avenue, a high-traffic intersection with approximately 42,000 vehicles per day. The building features ample parking with approximately 85 spaces, convenient front and rear access, and prominent building and pylon signage. Built in 1996, the property is zoned Mixed Use Original Aurora General (OA-G), offering flexibility for various permitted uses (pharmacy use is prohibited). The space includes a drive-thru. The suggested annual rent is $185,000, modified gross (Real Estate Taxes are included; repairs and maintenance, insurance, and utilities are tenant expenses). The lease term extends to August 31, 2035 (co-terminus with the master lease). The property is offered "as-is." The location is highly desirable, situated in a densely populated area of the Denver MSA (approximately 89,000 residents within a two-mile radius) and approximately 1.5 miles from the University of Colorado Medical Campus, which includes two hospitals. All offers are subject to the approval of Walgreens Co.'s Real Estate Committee.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $6,590,000
  • CAP approach

    CAP return
    Estimation
    6%
    $6,370,000
    6.5%
    $5,930,000
    7%
    $6,385,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $5,355,000
    Geo Method
    $6,050,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $5,390,000
    Retail
    $6,870,000
    Mixed-Use
    $6,105,000
    Hospitality
    $5,280,000
    Educational
    $5,480,000
    Residential Income
    $5,960,000
    Energy
    $5,900,000
    Income-Based Land
    $5,150,000
    Food Service
    $6,450,000

Location Insight

  • Map
  • Local Demand
City
Aurora
County
Adams
State
Colorado
Longitude
-104.865
Latitude
39.7406
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$76,075
$289,940
$379,500
$669,440
-
$1,039,200
$1,360,200
$2,399,400
More about this property
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