Chambers RD and Exposition Avenue, Aurora, CO, 80012

Chambers RD and Exposition Avenue Aurora, CO 80012

Chambers RD and Exposition Avenue, Aurora, CO, 80012
Chambers RD and Exposition Avenue, Aurora, CO, 80012
FOR SALE
Property Type:
Commercial Land Development
Amount:
$4,950,000
Last Verified:
Jan 27, 2021

Highlights

  • 6.84 Acres well located to Aurora City Center
  • Short walk to the RTD R Line Metro Center Light Rail Station
  • Close to retail, entertainment, employment health care and transportation
  • Approved for 344 apartment units
  • TOD Overlay District provides reduced parking, no height limit and waiver for some fees
  • Located within high priority/pro-development area for City of Aurora

Description

TOD Multifamily Land: Aurora City Center

NWC S Chambers Rd & E Exposition Ave

Lot Size: 6.84 acres

Map of Chambers RD and Exposition Avenue, Aurora, CO, 80012

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.