15566 Colfax Ave Aurora, CO 80011
This exceptional 5.04-acre commercial land parcel in Aurora, Colorado, presents a prime redevelopment opportunity. Located at 15566 E Colfax Ave, 80011, in Arapahoe County, the property boasts a MU-C (Mixed-Use Corridor) zoning designation, allowing for diverse development options. Permitted uses include multi-family, office, medical facilities, light manufacturing, hotels, restaurants, and more. Conditional uses may also be possible, such as self-storage, assisted living, and certain retail establishments. The site benefits from its proximity to major transportation arteries, including the I-225 & Colfax Light Rail station (less than a mile away) and I-225. Furthermore, its location is less than one mile from prominent medical institutions such as UC Health, University of Colorado Hospital, Anschutz Medical Campus, and Children's Hospital Colorado. The property's strategic position within an Opportunity Zone adds significant investment appeal. Nearby, the Citadel on Colfax, a substantial mixed-use development, is currently underway, further enhancing the area's growth potential and attracting a diverse range of businesses and residents. This presents a unique chance to capitalize on the thriving Aurora market and create a significant return on investment. The asking price is $3,600,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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