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Property profile & analytics
OFF-MARKET Estimated value $775,000
Specialty properties

15000 Ctr Ave Aurora, CO 80012

1,600 SF 4.21 ac lot Built 2008
Entity Owned 3-yr Hold Free & Clear
Property ID
US13-0126119
Property summary
AI-generated overview

This exceptional 4.21-acre parcel in Aurora, Colorado (80012), presents a unique opportunity to acquire a partially completed 83-unit townhome development. Located at 15000 E Center Ave, this shovel-ready site boasts fully approved plans, drawings, and studies, including traffic, drainage, and code updates. Significant infrastructure is already in place, featuring a 1,600 square-foot clubhouse, a swimming pool, and an amenity park. All wet and dry utilities (electrical, water, sewer, and mainline infrastructure) are fully installed, with Aurora Water confirming the adequacy of the current water infrastructure provided building footprints remain unchanged. The property benefits from its location within an Opportunity Zone, providing potential tax advantages for investors. Its proximity to the Aurora Metro Center Light Rail Station (R Line) offers convenient access to public transportation. The seller is open to reasonable modifications to the existing plans, allowing for adjustments to unit sizes and other minor changes that do not significantly alter the approved design. This presents a rare chance to capitalize on a well-positioned, partially completed project with substantial value already realized, minimizing development risk and maximizing return on investment. The property is zoned MU-TOD.

Property profile
Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 2008
Construction FRAME
Total area 1,600 SF
Lot 4.21 ac (183,475 SF)
APN 1975-18-1-35-001
UPID US13-0126119
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$775k
Owner & transaction history
642 Fairplay LLC · 3 yrs held
642 Fairplay LLC
since 2022
Last sale
$773,400
2 recorded transactions
2022
Price N/A
2021
$773,400
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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