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11714 E Colfax Ave 0.54 Acres of Commercial Land Offered at $950,000 in Aurora, CO 80010



INVESTMENT HIGHLIGHTS
- development area
- City promoting buildout
- Heavy traffic frontage
EXECUTIVE SUMMARY
The location of this property is in the middle of two of the city of Aurora's major revitalization projects, Both of which are linked below. The first on is Fitzsimons-Colfax and 13th Avenue Station Area Plan. The second is Fitzsimons Urban Renewal Area. Both projects are creating a new epicenter of Aurora. The city of Aurora is promoting multi family development as well as mixed-use with 10+ stories.
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https://www.auroragov.org/cms/One.aspx?portalId=16242704&pageId=16541801
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https://www.auroragov.org/cms/One.aspx?portalId=16242704&pageId=16541801
PROPERTY FACTS Under Contract
| Price | $950,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 0.54 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | MU-OA-G - https://aurora.municipal.codes/UDO/146-2.4.4 | ||
| Price | $950,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.54 AC |
| Opportunity Zone |
Yes |
| Zoning | MU-OA-G - https://aurora.municipal.codes/UDO/146-2.4.4 |
1 LOT AVAILABLE
Lot
| Price | $950,000 | Lot Size | 0.54 AC |
| Price Per AC | $1,759,259.26 |
| Price | $950,000 |
| Price Per AC | $1,759,259.26 |
| Lot Size | 0.54 AC |
0.54 acres lot on E. Colfax. Slightly offset rectangular lot with small extending strip on south end. Set for commercial buildout.
DESCRIPTION
Currently a vacant lot. Current access is a Right in Right out from Eastbound, E Colfax. Properties surrounding are apartments to the East, motel to the West and vacant paved lot to the South.
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 1973-02-1-29-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $132,207 |
PROPERTY TAXES
Parcel Number
1973-02-1-29-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$132,207
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11714 E Colfax Ave
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