Automotive Shop Near
For Sale
Contact for pricing
10945 E 14th Ave, Aurora, CO
Automotive shop with overhead doors, sales office, and bathroom.
Property Size1,945 SF
Lot Size0.09 Acres
Price / SF$205.14
Days on Market297
Property Features for 10945 E 14th Ave
General Information
Standard status
Active
Size
1,945 SF
Lot size
0.09 Acres
Property subtype
RETAIL
Listing Agency:
Hoff & Leigh
(303) 667-2530
Listed By:
Beau Hershberger · License #FA.100074977
(303) 667-2530
Source:
Moodyscre
Added: Oct 28, 2025
Changed: Aug 17
Last Checked: Aug 7 at 9:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hoff & Leigh
Investment Insights
Based on property information with market context.
Located one block from Colfax, this automotive shop is suitable for an owner-user. The building, with a size of 1945 square feet, features a large overhead door and an additional smaller garage door. The shop can accommodate 4 to 5 cars. It includes a sales office and a bathroom. The property is in close proximity to Colfax and I-225.
Key Highlights
- Ideal for owner‑user seeking an automotive shop.
- Located a block from Colfax Avenue.
- Features a large overhead door.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,666
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$493,320
$493.3K
Cap Rate 7%
$352,371
$352.4K
Cap Rate 9%
$274,067
$274.1K
Market Conditions
NOI Build-Up for 1,945 SF
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.
Gross rent
$38.5K $19.80/SF
− Vacancy
−$3.3K −$1.68/SF
EGI
$35.2K $18.12/SF
− OpEx
−$10.6K −$5.44/SF
NOI
$24.7K $12.68/SF
Area
Aurora, CO
Vacancy
8.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$493,320
Cap Rate 7%
$352,371
Cap Rate 9%
$274,067
Alternative Uses
Best Use
Retail
$352.4K
$308.3K – $411.1K
NOI $24,666 @ 7.0% cap · market cap 6.18%
Second Best
Industrial
$337.1K
$295.0K – $393.3K
NOI $23,597 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$543.5K
$475.6K – $634.1K
NOI $38,044 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
982
Businesses Nearby
196k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Leisure 30%
Dining 20%
Beauty & Spa 1%
Cinemark Century Aurora and XD
Leisure
58,360 visits/mo
0.5 miles
Hobby Lobby
Shops & Services
52,491 visits/mo
0.4 miles
Circle K
Shops & Services
20,265 visits/mo
0.4 miles
BJ's Restaurant and Brewhouse
Dining
14,408 visits/mo
0.4 miles
Family Dollar
Shops & Services
11,707 visits/mo
0.2 miles
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - Automotive shop with overhead doors, sales office, and bathroom.
Where is this auto shop located?
The property is located at 10945 E 14th Ave Aurora, CO.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Ideal for owner‑user seeking an automotive shop.; Located a block from Colfax Avenue.; Features a large overhead door.
