3511 Salida CtAurora, CO 80011

Property Details for 3511 Salida Ct

Year built

2007

Lot size

10.21 AC

Property size (Sq ft)

87,653 SF

Property type

Retail properties

Property subtype

Community centers

APN

R0180482

APU

R0180482

Description

This exceptional 9-acre development site is located within the thriving Gateway Park, a Class "A" mixed-use development encompassing 1,200 acres in Aurora, Colorado. The property boasts a highly desirable location, offering unparalleled visibility and accessibility from Interstate 70. Gateway Park is already home to a significant concentration of national retailers, including Walmart, Home Depot, Best Buy, Petco, and Ross Dress for Less, creating a robust and established commercial environment. The site's strategic position within this dynamic development ensures high traffic counts, exceeding 50,000 vehicles daily, and benefits from a dense population base, with over 66,000 employees and 181,000 residents residing within a 5-mile radius. The property is offered for sale in bulk, but subdivision options are available, providing flexibility for various development scenarios. This presents a unique opportunity to capitalize on the existing infrastructure and strong market demand within Gateway Park, a community that currently features 5 million square feet of commercial space, 40 national retailers, 15 hotels with over 2,200 rooms, and 2,000 existing and planned multi-family units. The address is 3511 Salida Ct, Aurora, CO 80011, situated in Adams County.

• CAP approach

  CAP return

  Valuation

  6%

  $24,184,592

  6.5%

  $22,324,238

  7%

  $20,729,650

• Comparable approach

  Method

  Valuation

  Relative Method

  $43,330,808

  Geo Method

  $18,249,564

• Alternative Use

  Use

  Valuation

  Residential

  $18,831,330

  Hospitality

  $17,249,398

  Educational

  $14,351,296

  Medical

  $14,844,860

  Retail

  $22,324,238

Location Insight

City

Aurora

County

Adams

State

Colorado

Latitude

39.7633

Longitude

-104.779

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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