307 N Santa Fe Avenue Fountain, CO 80817
Versatile property featuring an auto repair shop and residential building.
Property Features for 307 N Santa Fe Avenue
General Information
- Standard status
- Active
- Size
- 2,064 SF
Building Details
- Year Built
- 1954
Listing office BERKSHIRE HATHAWAY HOMESERVICES SYNERGY REALTY GROUP (719) 660-5223
Listing date May 1, 2025
Source Corcoran
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 BERKSHIRE HATHAWAY HOMESERVICES SYNERGY REALTY GROUP
Investment Insights
Based on property information with market context.
Key Highlights
- Mixed‑use property featuring a commercial building (auto repair shop) and a residential building on a spacious 14,000 sq ft lot.
- Auto repair shop is equipped with three hydraulic lifts, including one inside and two in the rear service yard.
- Residential building offers conversion potential to commercial use, aligning with existing zoning regulations.
Local Financial Insights For Retail
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 | $44.3k | $21.48 |
| − Vacancy | −$2.2k | −$1.05 |
| EGI | $42.2k | $20.43 |
| − OpEx | −$12.6k | −$6.13 |
| NOI | $29.5k | $14.30 |
Alternative Uses
Property Analytics
Current Use by Public Records
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