$1 Auction - REIT Sale | Town Center at Aurora |… — Sale in Denver, CO
- Price: Contact for price
- Listing type: For sale
- Asset type: Commercial Land
- Location: Denver, CO 80012
Photos
Description
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/3362/land/aurora/co RealINSIGHT Marketplace, in partnership with Marcus & Millichap, is pleased to present a ±3.218-acre redevelopment site located at the northwest corner of Sable Boulevard and Centrepoint Drive within Town Center at Aurora in the Denver MSA. The fully paved outparcel sits adjacent to Hobby Lobby at a signalized intersection and benefits from existing access points, utilities, and drainage infrastructure. The Seller completed conceptual planning for two different residential development options, a two-phase development totaling 150 apartment units with ground-floor commercial and amenity space as option one and a 246-unit, transit-oriented community as option two. The Property is zoned MU-R (Mixed-Use Regional), with multifamily as a primary permitted use, creating a compelling path for residential or mixed-use redevelopment. Town Center at Aurora spans more than 1 million square feet with 125+ retail, dining, and entertainment brands, while the Property benefits from ±19,133 VPD along S Sable Boulevard, ±40,309 VPD along E Alameda Avenue, and access to I-225 approximately 0.5 mile away. More than 404,000 residents live within five miles, with average household income exceeding $108,000. The City of Aurora had previously granted a site plan approval for the contemplated multi-family development. Concept plans are subject to further City review and approvals. Investment Highlights: • ABSOLUTE $1 AUCTION | Town Center at Aurora | 150-Unit Apartment Concept | AUCTION OCTOBER 5-7 • ±3.218-Acre Town Center Outparcel Site - Fully paved parcel beside Hobby Lobby offers existing access points and redevelopment potential. • Regional Retail Anchor at the Doorstep - Town Center at Aurora spans 1M+ SF with 125+ retail, dining, and entertainment brands. • High-Exposure Position Near Major Arteries - S Sable Blvd sees ±19,133 VPD and E Alameda Ave ±
Market Context
This land in Denver, CO is listed for sale. Compare it against other land listings for sale in Denver, CO — view the full market.
Contact
- Adam Sklaver · (954) 245-3422 · adam.sklaver@marcusmillichap.com
- Philip Kates · (954) 245-3408 · philip.kates@marcusmillichap.com
- Adam Lewis · (303) 328-2000
Explore this market
Similar Commercial Land for Sale in Denver, CO
- Wildhorse Ridge — Contact for price · Denver, CO
- Pena Station — Contact for price · Denver, CO
- SEC 100th Avenue and Havana Street — Contact for price · Denver, CO
- Gateways at Cherry Creek — Contact for price · Denver, CO
- 724 Lincoln Street — Contact for price · Denver, CO
- 342 University Boulevard — Contact for price · Denver, CO