1530 Kingston StAurora, CO 80010

Property Details for 1530 Kingston St

Year built

1983

Lot size

0.37 AC

Property size (Sq ft)

2,180 SF

Property type

Self service car washes

APN

R0097231

APU

R0097231

Description

This exceptional investment opportunity presents a thriving car wash business located at 1530 Kingston St, Aurora, CO 80010. The 2,180 square foot property sits on a 16,117 square foot lot and boasts a remarkable 8.72% cap rate with 100% occupancy. Recent improvements exceeding $50,000 have been made, including the addition of credit card readers, enhancing customer convenience and operational efficiency. The property is zoned OA-G and benefits from its prime location just north of East Colfax Avenue, near major medical facilities including the UCHealth Anschutz Medical Campus. This rapidly growing area offers significant potential for future redevelopment, with the added advantage of enterprise zone tax benefits. The established car wash business provides immediate operating income, while the substantial lot size and strategic location present exciting possibilities for long-term growth and value appreciation. The asking price is $930,000. This is a rare chance to acquire a high-performing asset in a dynamic and expanding market.

• CAP approach

  CAP return

  Valuation

  6%

  $456,887

  6.5%

  $421,742

  7%

  $391,618

• Comparable approach

  Method

  Valuation

  Relative Method

  $444,753

  Geo Method

  $187,316

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $809,892

  Mixed-Use / Specialty

  $425,308

  Hospitality / Lodging

  $318,636

  Office

  $428,062

  Institutional / Educational

  $443,961

  Residential Income

  $519,434

  Multifamily

  $594,876

  Automotive / Energy

  $380,538

  Parking / Income-Based Land

  $126,310

  Restaurant / Food Service

  $232,026

  Healthcare / Senior Housing

  $430,947

Location Insight

City

Aurora

County

Adams

State

Colorado

Latitude

39.7409

Longitude

-104.858

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].