Real Estate Auction: 135 Acres of Commercial Land Near Denver International Airport

Sun Nov 25, 2012 8:00pm EST

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Real Estate Auction: 135 Acres of Commercial Land Near Denver International Airport

Development Ready Land Near New Light Rail That Will Connect Denver with the Airport

AJ Karas Auctioneers has announced that it will auction 135 acres of commercial land eight miles from the Denver International Airport Terminal on Friday, December 14, 2012 at 1:07 p.m. This land will absolutely sell once the minimum bid of $14,800 per acre has been met.

The new owner of this commercial land will be positioned to profit from numerous plans and explosive development that is occurring around the Denver International Airport. The Denver International Business Center is nearby, and has most of the infrastructure already in place. In addition, the RTD Fast Tracks light rail connecting the City of Denver with the Denver International Airport is under construction and scheduled to be up and running by 2016.

The zoning is very flexible for this property, which could be used to build a shopping center, a hospital, an office park, hotels and motels or a convention center. It is also suitable for construction of a university or trade school. The city of Aurora has been very proactive in their efforts to support development in this area, and incentives from the city of Aurora may be available depending on land usage. The winner of this auction will have the opportunity to participate in the future of the Denver International Airport Tech Center development. This parcel is already earning a monthly income from a long term lease on a cell tower at the edge of the property.

Brokers are encouraged to register bidders for the auction, as a 2% broker participation fee is offered. For more information bidders and brokers can go to the AJ Karas website at www.ajkaras.com/B29, where they can review terms and conditions and register for the auction, or call 877-612-8494.

AJ Karas Auctioneers is a Denver based company owned and operated by Janelle Karas. Janelle has 18 years of real estate experience and has worked exclusively in the Real Estate Auction industry since 2002.

AJ Karas Auctioneers
Janelle Karas, 877-612-8494

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