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Property profile & analytics
OFF-MARKET
Retail space

15531 Colfax Ave Aurora, CO 80011-5907

1,680 SF 2.35 ac lot Built 1962
Entity Owned 23-yr Hold ~ Est. High Equity
Property ID
US13-0993167
Property summary
AI-generated overview

This exceptional 2.5-acre commercial land parcel, situated at 15531 E. Colfax Avenue in Aurora, Colorado (zip code 80011), presents a compelling investment opportunity. Located in Adams County, this property boasts a highly desirable MU-C zoning designation, opening doors to a wide array of development possibilities. Currently used for RV and boat storage, the site's potential extends far beyond its current use. The property's strategic location on one of Colorado's busiest thoroughfares ensures high visibility and accessibility. With a potential 90-foot height limit, the site is particularly well-suited for affordable housing projects. Further enhancing its appeal, this property is situated within a Qualified Census Tract and an Opportunity Zone, offering potential tax advantages. The asking price is $1,995,000. An adjacent 0.30-acre lot may also be available for purchase, expanding the total acreage to 2.80 acres, providing even greater development flexibility. Its proximity to the Anschutz/Fitzsimons Medical Campus adds to its significant long-term value. This large developable lot represents a rare chance to acquire a prime commercial property in a rapidly growing area. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1962
Total area 1,680 SF
Lot 2.35 ac (102,366 SF)
APN R0085930
UPID US13-0993167
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Colfax LLC · 23 yrs held
Colfax LLC
since 2003
7 recorded transactions
2003
$300,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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