Paint Booth Industrial Flex
undisclosed, Castle Rock, CO 80109
New
Commercial Sale, Other - Castle Rock, CO
Property size:
28,000 SFLot size:
19.19 AcresPrice / SF:
$239/SF- Added:
- Jun 2, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 3 at 5:06 am
Property Features for undisclosed
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 2505-083-00-001
- Lot size
- 19.19 Acres
Building Details
- Year built
- 1969
- Architectural style
- Other
Listing agent Crystal Martinez (719) 922-7383
Listing office Engel & Völkers Denver 4272 Lowell Boulevard, Denver, CO (720) 692-6563
Listing date Jun 2, 2026
MLS# 2870314
Listing URL
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 28,000+ SF of shop/commercial buildings designed for car restoration, built in 1969
- Parking for 100+ cars plus space for 80+ cars in Building 1 (17,000+ SF) with radiant heat and Polyaspartic flooring
- Additional shop buildings: Building 2 is 9,000+ SF with 23' ceilings, RV storage, and electric hook‑up; Building 3 is 2,000+ SF
- AFC downdraft 28‑ft paint booth on‑site
- 20+/- acres with 3 additional excavated pad sites and 2 gated entrances, including a rear entrance for semi loading
- 4,377 SF ranch home with 3 bed/4 bath, heated floors, and an attached 4‑car garage
Overview
A rare industrial flex opportunity built for intensive, hands-on work. The property includes 28,000+ sqft of meticulously designed shop buildings and commercial space, complemented by radiant heat, Polyaspartic flooring, and multiple areas set up for vehicle and equipment handling. Building 1 offers 17,000+ sqft for 80+ cars with radiant heat and drain-equipped finishes, and most walls are non-load bearing for potential reconfiguration. Building 2 provides 9,000+ sqft with Nucor Steel construction, 23' ceilings at the high point, RV storage, electric hook-up, a polishing room, and additional storage. Building 3 is 2,000+ sqft with fully lined walls and spray foam insulation, radiant tub heaters, and Polyaspartic flooring. An AFC downdraft 28 ft paint booth supports paint and refinishing workflows, and the sale also includes a long list of equipment and machinery associated with a car restoration business.
The site spans 19.19 acres and is private and secluded, while remaining about 4 minutes from I-25 and downtown Castle Rock. The property features two gated entrances, including a rear entrance that allows for semi loading, as well as parking for over 100 cars and three additional excavated pad sites.
This is an unusually capable fit for buyers seeking an operator-ready shop campus for automotive restoration, equipment-intensive fabrication, or other creative, process-driven businesses that require flexible interiors, heavy-duty work areas, and on-site parking and staging.
The site spans 19.19 acres and is private and secluded, while remaining about 4 minutes from I-25 and downtown Castle Rock. The property features two gated entrances, including a rear entrance that allows for semi loading, as well as parking for over 100 cars and three additional excavated pad sites.
This is an unusually capable fit for buyers seeking an operator-ready shop campus for automotive restoration, equipment-intensive fabrication, or other creative, process-driven businesses that require flexible interiors, heavy-duty work areas, and on-site parking and staging.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $581.3k | $20.76 |
| − Vacancy | −$10.5k | −$0.37 |
| EGI | $570.8k | $20.39 |
| − OpEx | −$171.2k | −$6.12 |
| NOI | $399.6k | $14.27 |
28,000 SF · lease $20.76/SF/yr · vacancy 1.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$5.71M
$4.99M – $6.66M
NOI $399,572 @ 7.0% cap · market cap 5.96%
Second Best
Flex RnD
$5.22M
$4.57M – $6.09M
NOI $365,364 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$9.62M
$8.42M – $11.22M
NOI $673,223 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Map
- City
- Castle Rock
- County
- Douglas
- State
- Colorado
- Longitude
- -104.919921
- Latitude
- 39.364466
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Purpose-built shop buildings with large-capacity parking and an AFC downdraft paint booth for hands-on restoration operations.
Where is this flex space located?
The property is located at undisclosed Castle Rock, CO.
What is the asking price?
The asking price for this property is $6,700,000.
What are key features of this property?
This property features: 28,000+ SF of shop/commercial buildings designed for car restoration, built in 1969; Parking for 100+ cars plus space for 80+ cars in Building 1 (17,000+ SF) with radiant heat and Polyaspartic flooring; Additional shop buildings: Building 2 is 9,000+ SF with 23' ceilings, RV storage, and electric hook‑up; Building 3 is 2,000+ SF
