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Auto Shop with Three Service Bays

106 S Deuel St, Fort Morgan, CO 80701

For Sale
New
$500,000

Commercial Sale, Fort Morgan, CO

Property Size2,000 SF
Lot Size0.46 Acres
Price / SF$250
Days on Market1

Property Features for 106 S Deuel St

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial
Rooms Basement
Subdivision Brush Add
Lot features Deciduous Trees, Level, Alley
View City
Elementary school district Fort Morgan RE-3
Middle school district Fort Morgan RE-3
High school district Fort Morgan RE-3
Standard status Active
APN 122907213003
Lot size 0.46 Acres

Additional Details

Real Estate Included Yes
Automotive Uses auto repair

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2602

Utilities

Utilities Propane
Heating system Wall Furnace
Water source Well

Amenities

office
bathrooms
loft storage
detached storage shed
permitted well

Building Details

Year built 1981
Building materials Metal Siding, Wall: Wood/Frame, Ceiling: 14-16 Feet
Roof type Metal
Buildings 2
Listing Agency: Resident Realty
Listed By: Darlene Partin
Added: Nov 9 Last Checked: Nov 9 at 8:06PM
MLS# 1071897

Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,000-square-foot auto shop has three service bays with overhead doors. The building also contains a 12' x 22' office with two bathrooms and a separate 12' x 22' loft for storage. A detached shed adds enclosed storage capacity, and equipment, tools, parts, and inventory are included as identified on the seller-approved inventory list.

Built in 1981, the property has a metal roof, metal siding, a wall furnace, propane service, and a permitted well. Commercial zoning supports its commercial property classification.

Key Highlights

  • 2,000‑square‑foot auto shop with three service bays and overhead doors
  • 12' x 22' office area with two bathrooms
  • Separate 12' x 22' loft storage area and detached storage shed

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,118
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,360 $402.4K
Cap Rate 7%
$287,400 $287.4K
Cap Rate 9%
$223,533 $223.5K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$30.0K $15.00/SF
− Vacancy
−$1.3K −$0.63/SF
EGI
$28.7K $14.37/SF
− OpEx
−$8.6K −$4.31/SF
NOI
$20.1K $10.06/SF
Area
Morgan County, CO
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,360
Cap Rate 7%
$287,400
Cap Rate 9%
$223,533

Alternative Uses

Best Use
Retail
$287.4K
$251.5K – $335.3K (±1% cap)
NOI $20,118 @ 7.0% cap · market cap 4.02%
Second Best
Industrial
$239.3K
$209.4K – $279.2K (±1% cap)
NOI $16,754 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$585.6K
$512.4K – $683.2K (±1% cap)
NOI $40,992 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Law Firm HVAC Service Big Box & Wholesale Store Real Estate Agency (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Service bays
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

585
Businesses Nearby
Well-served
Demand for This Use

Demographics for 80701, CO

16,101
Population
6,575
Households
2.4
Avg Household Size
35
Median Age
19%
College-Educated
84%
High-School Grad
616.5 sq mi
ZIP Area
26
Density / Sq Mi
$72,500
Median Household Income
$41,071
Median Earnings
$1,096
Median Rent
$318,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • ENDEREZADO Y PINTURA AUTOMOTRIZ EL JUNIOR — 16267 County Rd 18.5, Fort Morgan, CO 80701
  • Lebsock Repair Service Inc — 16325 County Rd 18.5, Fort Morgan, CO 80701
  • Bullet Automotive & Diesel — 100 Walnut St, Fort Morgan, CO 80701
  • D & L Auto Service — 120 S Main St, Fort Morgan, CO 80701
  • Griffith Auto Body — 112 E Burlington Ave, Fort Morgan, CO 80701

Frequently Asked Questions

What type of property is this?
Auto shop - Includes repair equipment, tools, parts, inventory, office space, and a detached storage shed.
Where is this auto shop located?
The property is located at 106 S Deuel St Fort Morgan, CO.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 2,000‑square‑foot auto shop with three service bays and overhead doors; 12' x 22' office area with two bathrooms; Separate 12' x 22' loft storage area and detached storage shed
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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