15200 Girard AveAurora, CO 80014

Property Details for 15200 Girard Ave

Year built

1985

Construction

FRAME

Lot size

1.62 AC

Property size (Sq ft)

41,695 SF

Zone code

PUD

Property type

Office buildings

APN

1975-31-4-40-001

APU

197531440001

Description

This Aurora, Colorado office building, the Girard Business Center, offers a diverse range of spaces ideal for various business needs. Located at 15200 E Girard Ave, zip code 80014, this Class B property boasts 38,882 square feet across four stories. The building features a single passenger elevator and ample parking with a 4:1 space-to-suite ratio, totaling 154 spaces. Currently, there are 1,777 square feet of vacant space available, divisible into units as small as 521 square feet and up to a contiguous 1,777 square feet. The building's 12-foot ceilings provide a spacious feel, and its zoning is B-1,PUD. Built in 1985, this one-building complex sits on 1.62 acres of land in the Denver submarket, Aurora cluster, within Arapahoe County. The property's diverse tenant base includes technology, insurance, legal, and real estate firms, reflecting its suitability for a variety of professional businesses. The building's location offers convenient access to local amenities and transportation. This is a prime opportunity to secure office space in a well-established and versatile business center. The property's APN is 1975-31-4-40-001.

• CAP approach

  CAP return

  Valuation

  6%

  $8,869,440

  6.5%

  $8,187,180

  7%

  $7,602,380

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,179,250

  Geo Method

  $3,444,840

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $15,490,100

  Retail / Commercial

  $8,066,300

  Mixed-Use / Specialty

  $8,134,510

  Hospitality / Lodging

  $6,094,270

  Institutional / Educational

  $8,491,260

  Residential Income

  $9,934,780

  Multifamily

  $11,377,700

  Automotive / Energy

  $7,278,230

  Parking / Income-Based Land

  $2,415,830

  Restaurant / Food Service

  $4,437,760

  Healthcare / Senior Housing

  $8,242,350

Location Insight

City

Aurora

County

Arapahoe

State

Colorado

Latitude

39.6545

Longitude

-104.811

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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