1470 Ironton StAurora, CO 80010

  • Retail properties
  • 4,704 SF
For Sale
$897,000 View listing

Property Details for 1470 Ironton St

Year built
1967
Construction
CONCRETE BLOCKS
Lot size
0.28 AC
Property size (Sq ft)
4,704 SF
Property type
Retail properties
Property subtype
Auto shops
APN
1973-02-2-06-003
APU
197302206003

Description

This exceptional 4,704 square foot industrial building, located at 1470 Ironton Street in Aurora, Colorado, presents a rare opportunity for single-tenant occupancy. Situated on a 0.28-acre lot, this free-standing structure boasts separate meters and addresses for 1470 and 1472 Ironton Street, offering flexibility and potential for expansion or subdivision. The property's previous use as a paint retailer/wholesaler is reflected in the inclusion of a paint/material storage booth, which remains with the building. Its strategic location provides easy access to major thoroughfares, including Colfax Avenue and I-225, ensuring convenient transportation and logistics. The high traffic volume on East Colfax Avenue, averaging 32,338 vehicles per day (according to CoStar, 2024), underscores the property's excellent visibility and accessibility. Furthermore, the building's proximity to restaurants and shopping amenities adds to its appeal and convenience for employees and clients. This turnkey property is priced at $897,000 and offers a unique blend of functionality, location, and potential. The existing infrastructure and features make it ideal for a variety of industrial uses. Don't miss this chance to acquire a prime industrial asset in a thriving Aurora location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,297,894
    6.5%
    $1,198,056
    7%
    $1,112,481
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,325,398
    Geo Method
    $979,384
  • Alternative Use

    Use
    Valuation
    Residential
    $1,010,605
    Hospitality
    $925,709
    Educational
    $770,179
    Medical
    $796,667
    Retail
    $1,198,056
1470 Ironton St, Aurora, Colorado

Location Insight

City
Aurora
County
Arapahoe
State
Colorado
Latitude
39.7395
Longitude
-104.863
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
2021
$14,434
-
-
$143,964
-
$247,000
$299,000
$546,000

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