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1540 Laredo St 1,672 SF Specialty Building Offered at $2,499,000 at a 7.38% Cap Rate in Aurora, CO 80011
Investment Highlights
- New in 2025; 4 vacuums, flexible booms, bill changers
- High efficiency tankless water heater (2023)
- NEW LED Wall Pack Lights AND Parking lot LED Lights (2021)
- New in 2024; high-efficiency floor heat boiler, and equipment room Furnace
- New Starlink internet system for credit card processing
- Various new pumps and motors on high pressure systems.
Executive Summary
Rare opportunity to own a strong-performing asset located directly on Colfax Ave, one of Denver’s busiest corridors. This car wash features 100% self-serve bays, minimizing operational complexity and maintenance, and has benefited from numerous capital improvements over the past five years. The property also includes an additional lot with future upside potential, whether through expansion of self-serve bays or other automotive uses. With an established customer base and excellent visibility, this asset provides consistent income across seasons and economic cycles. Contact Greg or Earl to sign an NDA and receive financial information.
Property Facts
| Price | $2,499,000 | Building Class | C |
| Price Per SF | $1,494.62 | Lot Size | 0.91 AC |
| Sale Type | Investment or Owner User | Building Size | 1,672 SF |
| Cap Rate | 7.38% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1987 |
| Property Subtype | Car Wash | Parking Ratio | 5.98/1,000 SF |
| Zoning | MU-C - Mixed Use Corridor | ||
| Price | $2,499,000 |
| Price Per SF | $1,494.62 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.38% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.91 AC |
| Building Size | 1,672 SF |
| No. Stories | 1 |
| Year Built | 1987 |
| Parking Ratio | 5.98/1,000 SF |
| Zoning | MU-C - Mixed Use Corridor |
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Property Taxes
| Parcel Number | 1821-32-4-07-011 | Improvements Assessment | $34,670 |
| Land Assessment | $96,250 | Total Assessment | $130,920 |
Property Taxes
Parcel Number
1821-32-4-07-011
Land Assessment
$96,250
Improvements Assessment
$34,670
Total Assessment
$130,920
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1540 Laredo St
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