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15000 E Center Ave

4.21 Acres of Commercial Land in Aurora, CO 80012

Investment Highlights

  • The property is located within a designated Opportunity Zone, offering potential tax benefits for investors.
  • The property includes a 1,600-square-foot clubhouse, a pool, and an amenity park, all of which add immediate value to the development.
  • The seller will grant time for minor site modifications if needed, allowing flexibility to the current plans to accommodate building efficiencies.
  • The site is within walking distance of the Aurora Metro Center Light Rail Station (R Line), providing convenient access to public transportation.
  • Significant value has already been realized through the completion of key project elements.

Executive Summary

Capstone Land Sales is pleased to present 15000 E Center Ave, a partially completed 83-unit Townhome development situated on 4.21 acres. The site is shovel-ready and comes with fully approved plans, drawings, and studies. Seller is willing to allow time for reasonable modifications to the plans such as adjusting unit sizes along with other minor adjustments that don't significantly change the current approvals. This site offers a unique opportunity for investors to acquire a well-positioned, partially completed development with significant infrastructure already in place, including a 1,600 SF Clubhouse, Pool, Amenity Park, and all wet & dry utilities underground. The location within an Opportunity Zone and proximity to public transit further enhance its appeal as a strategic investment.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 4.21 AC
Opportunity Zone Yes

1 Lot Available

Lot

Lot Size 4.21 AC

POTENTIAL DENSITY - 83 Townhomes

Description

Shovel-Ready with Existing Infrastructure: Wet and dry utilities are fully installed, including electrical, water, sewer, and mainline infrastructure. Aurora Water has reviewed the site and confirmed that the current water infrastructure is adequate, provided the building footprints remain unchanged.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1975-18-1-35-001
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£691,003

zoning

Zoning Code MU-TOD (The property is located within a designated Opportunity Zone, offering potential tax benefits for investors.)
MU-TOD (The property is located within a designated Opportunity Zone, offering potential tax benefits for investors.)
  • Listing ID: 33522141

  • Date on Market: 15/10/2024

  • Last Updated:

  • Address: 15000 E Center Ave, Aurora, CO 80012

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