Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    9131 E Colfax Ave Aurora, CO 80215
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9131 E Colfax Ave Aurora, CO 80215

    View on Map
    • Retail space
    • 10,466 SF
    • 0.39 lot acres
    For Sale
    $1,950,000
    View Listing →
    Aurora Retail Property For Sale For Sale
    $1,950,000
    10,605 SF

    Aurora Retail Property For Sale

    Retail property in Aurora with high traffic and ample parking.

    9131 E Colfax Ave, Aurora, CO
    View Listing
    Property ID
    US13-2420855
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 9131 E Colfax Ave

    Year built
    1943
    Lot size
    0.39 lot acres
    Property size
    10,466 SF
    Property type
    Retail space
    APN
    R0095027
    APU
    R0095027

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,390,000
      6.5%
      $2,205,000
      7%
      $2,045,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $964,000
      Market price range: $585k - $1.92M

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

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Adams
    State
    Colorado
    Longitude
    -104.881
    Latitude
    39.7405
    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
    $39,676
    $56,580
    $292,560
    $349,140
    -
    $202,800
    $1,048,600
    $1,251,400

    Comparable in this City

    • Value Estimation
      $710,000
      5,490 SF

      1485 Kingston St

      RETAIL STORES (PERSONAL SERVICES) • 5,490 SF
      1485 Kingston St, Aurora, CO 80010-3505
      View Details
    • Value Estimation
      $1,055,000
      8,500 SF

      1435 Jamaica St

      RETAIL STORES (PERSONAL SERVICES) • 8,500 SF
      1435 Jamaica St, Aurora, CO 80010-3432
      View Details
    • Value Estimation
      $505,000
      2,674 SF

      9741 Montview Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,674 SF
      9741 Montview Blvd, Aurora, CO 80010-2118
      View Details
    • Value Estimation by Request
      1,979 SF

      9714 Colfax Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,979 SF
      9714 Colfax Ave, Aurora, CO 80010-5011
      View Details
    • Value Estimation
      $1,055,000
      4,888 SF

      9935 Colfax Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,888 SF
      9935 Colfax Ave, Aurora, CO 80010-2119
      View Details
    • Value Estimation by Request
      1,247 SF

      503 Havana St

      RETAIL STORES (PERSONAL SERVICES) • 1,247 SF
      503 Havana St, Aurora, CO 80010-4319
      View Details

    Similar Nearby for Sale

    • $1,965,000

      Value-Add Retail Strip Center

      Fully leased retail strip center with value-add opportunity.
      10660 E Colfax Ave, Aurora, CO 80010
      View Details
    • Contact for pricing
      13,450 SF

      Retail Space in Growing Neighborhood

      Retail space in a desirable, rapidly growing Denver neighborhood.
      10501 E Colfax Ave, Aurora, CO 80010
      View Details
    • $875,000

      Aurora Retail Investment Opportunity

      Multi-tenant retail building in a high-traffic Aurora location.
      1417 Havana St, Aurora, CO 80010
      View Details
    • $225,000

      Commercial Land Near Medical Center

      Commercial land suitable for live/work or retail development.
      1548 Chester St, Aurora, CO 80010
      View Details
    • $449,000
      4,900 SF

      Retail Space in Aurora District

      Retail open space available in redeveloping downtown Aurora.
      10033 E Colfax Ave, Aurora, CO 80010
      View Details
    • $250,000

      Commercial Land Ready for Development

      Commercial land in up-and-coming area near Anschutz Medical Center.
      1548 Chester St, Aurora, CO 80010
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,870 SF

      Retail Space in Aurora, Colorado

      Retail suites available near new residential development in Aurora.
      2000 Chester St, Aurora, CO 80010
      View Details
    • Contact for pricing
      3,106 SF

      Retail Space For Lease

      Retail suites available in Aurora, Colorado.
      2060 Chester St, Aurora, CO 80010
      View Details
    • Contact for pricing
      3,500 SF

      Retail Space Near King Soopers

      3,500 SF end cap retail space available for rent.
      1060 S Geneva St, Denver, CO 80010
      View Details
    • $15 SF/Yr

      Freestanding Retail Building on Colfax

      High-traffic location suitable for retail, restaurant, or service uses.
      10204 E Colfax Ave, Aurora, CO 80010
      View Details
    • Contact for pricing

      Freestanding Retail Building on Colfax

      High-traffic location, flexible layout, ideal for retail/service uses.
      10242 E Colfax Ave, Aurora, CO 80010
      View Details
    • Contact for pricing
      3,839 SF

      Aurora Retail Space with Bar

      First-generation retail space with kitchen and bar for rent.
      12955 E Montview Blvd, Aurora, CO 80010
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9131 E Colfax Ave
    Aurora, CO 80215
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!