11008 Colfax Ave Aurora, CO 80010-5025
- Auto shops
- 5,354 SF
- 0.47 lot acres
Current Use by Public Records
- Auto shops
Property Details for 11008 Colfax Ave
- Year built
- 1967
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.47 lot acres
- Property size
- 5,354 SF
- Property type
- Auto shops
- APN
- 1973-02-2-03-001
- APU
- 197302203001
Description
This exceptional investment opportunity presents a 5,354 square foot auto shop situated on a 0.47-acre lot (20,475 square feet) at 11008 E Colfax Ave in Aurora, Colorado, zip code 80010. The property is zoned OA-G by the City of Aurora and is being offered at an asking price of $1,606,200, translating to $300 per square foot. This established business location benefits from high visibility and convenient access, making it an attractive proposition for both users and investors. The property is currently occupied, so prospective buyers are asked to refrain from disturbing the existing tenant. This presents a unique chance to acquire a well-positioned commercial property in a thriving Colorado market. The substantial lot size offers potential for future expansion or development, adding further value to this already compelling investment. Serious inquiries are encouraged to explore this promising opportunity in the dynamic Aurora commercial real estate landscape. Detailed financial information and property disclosures are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,620,000
- 6.5%
- $1,505,000
- 7%
- $1,605,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,405,000
- Geo Method
- $1,665,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,505,000
- Retail
- $1,510,000
- Mixed-Use
- $1,470,000
- Hospitality
- $1,300,000
- Educational
- $1,565,000
- Residential Income
- $1,375,000
- Energy
- $1,690,000
- Income-Based Land
- $1,505,000
- Food Service
- $1,380,000
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.86
- Latitude
- 39.7398
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
