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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2470 Airport Blvd Aurora, CO 80011

    • Industrial properties
    • 331,923 SF
    • 16.83 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0732513
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 2470 Airport Blvd

    Year built
    2004
    Lot size
    16.83 lot acres
    Property size
    331,923 SF
    Property type
    Industrial properties
    APN
    R0152721
    APU
    R0152721

    Description

    This exceptional 332,075-square-foot Class B industrial property, built in 2004, is located at 2470 N Airport Blvd, Aurora, CO 80011. The property sits on 16.83 acres and offers flexible space options, ranging from a minimum of 300 square feet to a maximum contiguous space of 50,000 square feet. The building features a 30-foot ceiling height, making it ideal for various industrial and warehousing needs. With 120 loading docks and 4 drive-ins, efficient loading and unloading is ensured. Ample parking is available with 238 total spaces. The property boasts robust power capabilities (2,000 amps, 277-480 volts, 3-phase) and is zoned M-2. Amenities include 24/7 building access, high-speed internet, and on-site management. Additional features such as package and mail handling, complimentary beverages, CCTV security, and forklift rentals are also available. The property is ideally suited for businesses requiring flexible, modern warehouse and office space in a prime Aurora location. The minimum divisible space is 300 square feet. This versatile property offers a unique opportunity for businesses of all sizes.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $43,795,000
      6.5%
      $40,425,000
      7%
      $37,540,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $53,460,000
      Market price range: $34.1M - $68.1M
      AI Estimate
      $25,462,000
      Market price range: $1.84M - $53.6M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $54,175,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Adams
    State
    Colorado
    Longitude
    -104.787
    Latitude
    39.753
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,079,717
    $1,227,230
    $7,773,420
    $9,000,650
    -
    $4,398,689
    $26,901,523
    $31,300,212

    Comparable in this City

    • Value Estimation
      $37,330,000
      326,900 SF

      16456 Airport Cir

      INDUSTRIAL PARK • 326,900 SF
      16456 Airport Cir, Aurora, CO 80011-1507
      View Details
    • Value Estimation by Request
      1,458 SF

      720 Billings St Ste A

      CONDOMINIUMS (INDUSTRIAL) • 1,458 SF
      720 Billings St Ste A, Aurora, CO 80011-6753
      View Details
    • Value Estimation
      $23,630,000
      202,091 SF

      19755 35th Dr

      INDUSTRIAL PARK • 202,091 SF
      19755 35th Dr, Aurora, CO 80011-8110
      View Details
    • Value Estimation by Request
      1,475 SF

      350 Norfolk St

      CONDOMINIUMS (INDUSTRIAL) • 1,475 SF
      350 Norfolk St, Aurora, CO 80011-9343
      View Details
    • Value Estimation by Request
      1,500 SF

      332 Norfolk St, Unit A

      CONDOMINIUMS (INDUSTRIAL) • 1,500 SF
      332 Norfolk St, Aurora, CO 80011-9346
      View Details
    • Value Estimation by Request
      1,000 SF

      472 Laredo St Ste O

      CONDOMINIUMS (INDUSTRIAL) • 1,000 SF
      472 Laredo St Ste O, Aurora, CO 80011-9210
      View Details

    Similar Nearby for Sale

    • $350,000
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      Aurora Warehouse Condo - $350K

      Flex space: showroom & warehouse. Ideal owner-user.
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      Prime Aurora location, 9,584 SF warehouse.
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    • $775,000
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      482 Laredo St, Aurora, CO 80011

      Industrial properties • 5,000 SF
      482 Laredo St, Aurora, CO 80011
      View Details
    • $1,075,000
      2.50 Acres

      Aurora Industrial Land - $1.075M

      Prime 2.5-acre industrial lot near I-225/I-70.
      3590 Revere St, Aurora, CO 80011
      View Details
    • Contact for pricing
      204,296 SF

      Aurora Land Parcel For Sale

      Land parcel in Aurora, Colorado, with excellent transportation access.
      805 Salida Way, Aurora, CO 80011
      View Details
    • Contact for pricing
      10.00 Acres

      Aurora Industrial Land - 76 Acres

      Prime Aurora industrial land, build-to-suit opportunities.
      6 6Th Pl, Aurora, CO 80011
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      85,253 SF

      Aurora Industrial Space Available

      Industrial property available for rent in Aurora, Colorado.
      3503-3593 N Windsor Dr, Aurora, CO 80011
      View Details
    • Contact for pricing
      127,440 SF

      Aurora Industrial Warehouse Space

      14,667 SF Warehouse Space Available
      14704 33 Pl, Aurora, CO 80011
      View Details
    • $14 SF/Yr
      9,200 SF

      Aurora Flex Warehouse - 9,200 SF

      Multi-tenant flex/warehouse space in Aurora, CO. Ideal for various businesses.
      695 Billings St, Aurora, CO 80011
      View Details
    • Contact for pricing
      20,530 SF

      Aurora Warehouse Near Airport

      Infill hub near Denver Airport with easy highway access.
      16401 E 33Rd Dr, Aurora, CO 80011
      View Details
    • Contact for pricing
      136,322 SF

      Aurora Warehouse Space Available

      Available warehouse space in Aurora, Colorado with ample parking.
      20310 E 35Th Dr, Aurora, CO 80011
      View Details
    • $7 SF/Yr
      71,500 SF

      Aurora Industrial Warehouse Space

      71,500 SF Warehouse, Rail Access, High Visibility
      13802 33 Pl, Aurora, CO 80011
      View Details
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    2470 Airport Blvd
    Aurora, CO 80011
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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