15531 Colfax Ave Aurora, CO 80011-5907
- Retail space
- 1,680 SF
- 2.35 lot acres
Nov 26, 2024
Current Use by Public Records
- Retail space
Property Details for 15531 Colfax Ave
- Year built
- 1962
- Lot size
- 2.35 lot acres
- Property size
- 1,680 SF
- Property type
- Retail space
- APN
- R0085930
- APU
- R0085930
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Adams
- State
- Colorado
- Longitude
- -104.807
- Latitude
- 39.7411
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
