20500 Colfax Ave Aurora, CO 80018
- Warehouses
- 593,928 SF
- 32.25 lot acres
Current Use by Public Records
- Warehouses
Property Details for 20500 Colfax Ave
- Year built
- 2020
- Lot size
- 32.25 lot acres
- Property size
- 593,928 SF
- Property type
- Warehouses
- APN
- 1975-02-2-01-001
- APU
- 197502201001
Description
This exceptional 1,018,456-square-foot warehouse in Aurora, Colorado's Stafford Logistics Center, is a brand-new 2023 construction. Located at 20500 E Colfax Ave, Building 6, this single-tenant property boasts a prime location with excellent access to major transportation arteries, including I-70 and E-470, via E Stephen D Hogan Pkwy and Lisbon Street. The building features a 40-foot ceiling height, providing ample vertical space for efficient operations. With 91 dock-high doors and 4 drive-in doors, loading and unloading are streamlined. The property is Xcel certified, ensuring reliable power. Situated in Arapahoe County (zip code 80018), this warehouse offers unparalleled access and visibility from major interstates, further enhanced by a planned new interchange at I-70 and Picadilly Road. The surrounding area is experiencing significant growth, with new residential and commercial developments adding to the area's appeal and workforce. This property is part of a larger, 4.4 million-square-foot business park spanning approximately 368 acres, offering a strategic location for distribution, manufacturing, or warehousing operations. The property's frontage on E Stephen D Hogan Pkwy provides excellent visibility and accessibility.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,845,000
- 6.5%
- $4,270,000
- 7%
- $4,505,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,130,000
- Geo Method
- $4,180,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,585,000
- Retail
- $4,135,000
- Mixed-Use
- $4,685,000
- Hospitality
- $4,400,000
- Educational
- $4,135,000
- Residential Income
- $4,985,000
- Energy
- $5,165,000
- Income-Based Land
- $4,390,000
- Food Service
- $5,280,000
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.748
- Latitude
- 39.7382
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA