15531 Colfax Ave Aurora, CO 80011-5907
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.