403 Airport BlvdAurora, CO 80011

Property Details for 403 Airport Blvd

Year built

1981

Lot size

7.89 AC

Property size (Sq ft)

118,870 SF

Property type

Industrial properties

Property subtype

Other industrial properties

APN

1975-17-1-21-001

APU

197517121001

Description

This exceptional 160,555-square-foot industrial warehouse in Aurora, Colorado, presents a unique redevelopment opportunity. Situated on a 15.15-acre lot zoned for mixed-use, this Class B property boasts a prime location off Interstate 225, a major transportation artery with 152,000 daily vehicles. Currently 100% occupied by two tenants (a moving & storage company and a charter school) with a weighted average lease term of 4 years, this asset offers immediate cash flow. The single-story building, constructed in 1981 and renovated in 2019 and 2024, features 16 dock-high doors, a 24-foot ceiling height, and one loading dock. The property's central location near Buckley Space Force Base and its significant acreage make it ideal for redevelopment into multifamily housing, capitalizing on Aurora's growth. This infill site is a rare find, offering a blend of existing income and substantial future potential. The permitted zoning is MU-OI. The property is priced significantly below replacement cost. This is a compelling investment for those seeking both immediate returns and long-term appreciation.

• Alternative Use

  Use

  Valuation

  Residential

  $25,537,976

  Hospitality

  $23,392,650

  Educational

  $19,462,410

  Medical

  $20,131,752

  Retail

  $30,274,860

Location Insight

City

Aurora

County

Arapahoe

State

Colorado

Latitude

39.7105

Longitude

-104.795

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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