Automotive Service
For Sale
$3,590,000
13030 County Road 20, Fort Lupton, CO 80621
Commercial Sale, Fort Lupton, CO
Property Size17,080 SF
Lot Size3.33 Acres
Price / SF$210.19
Days on Market206
Property Features for 13030 County Road 20
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
USR
Subdivision
Greeley/Weld
Standard status
Active
APN
R0293994
Lot size
3.33 Acres
Utilities
Heating system
Radiant
Cooling system
Central Air
Water source
Well
Building Details
Year built
2018
Building materials
Metal Frame
Roof type
Metal
Listing Agency:
1st Realty Associates Inc · Keller Williams Realty
(303) 776-3200
Listed By:
Bruce Karle
(720) 600-1725
Added: Jan 27
Changed: Aug 19
Last Checked: Aug 21 at 3:06AM
MLS# 1050337
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.
Investment Insights
Based on property information with market context.
This 2018 automotive property includes a 17,080-square-foot metal-frame building on Highway 85, with an on-site house and a layout configured for truck and vehicle maintenance. Multiple service lifts support repair operations, while radiant heating, central air, a metal roof, and well water serve the improvements. The property is zoned USR.
Highway 85 exposure provides direct visibility for automotive operations and vehicle-oriented users. Approximately 0.6 acres of adjacent CDOT right-of-way is currently permitted for outdoor storage. An additional 4 acres directly behind the property may be available for lease from BNSF Railway, creating a potential option for expanded storage or operational requirements. Weld County’s 2.9% sales tax is also identified as a consideration for vehicle and equipment transactions.
Highway 85 exposure provides direct visibility for automotive operations and vehicle-oriented users. Approximately 0.6 acres of adjacent CDOT right-of-way is currently permitted for outdoor storage. An additional 4 acres directly behind the property may be available for lease from BNSF Railway, creating a potential option for expanded storage or operational requirements. Weld County’s 2.9% sales tax is also identified as a consideration for vehicle and equipment transactions.
Key Highlights
- 17,080 SF automotive service building constructed in 2018
- Multiple in‑place lifts support truck and vehicle maintenance
- Highway 85 frontage and visibility
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
$193,042
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
5.38%
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%
$3,860,840
$3.9M
Cap Rate 7%
$2,757,743
$2.8M
Cap Rate 9%
$2,144,911
$2.1M
Market Conditions
NOI Build-Up for 17,080 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
$307.4K $18.00/SF
− Vacancy
−$31.7K −$1.85/SF
EGI
$275.8K $16.15/SF
− OpEx
−$82.7K −$4.84/SF
NOI
$193.0K $11.30/SF
Area
Weld County, CO
Vacancy
10.30%
Lease Rate
$18.00 /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%
$3,860,840
Cap Rate 7%
$2,757,743
Cap Rate 9%
$2,144,911
Alternative Uses
Best Use
Retail
$2.76M
$2.41M – $3.22M
NOI $193,042 @ 7.0% cap · market cap 5.38%
Second Best
Industrial
$2.18M
$1.90M – $2.54M
NOI $152,288 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office B
$3.11M
$2.72M – $3.63M
NOI $217,898 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80621, CO
13,343
Population
5,110
Households
2.6
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
126.6 sq mi
ZIP Area
105
Density / Sq Mi
$80,746
Median Household Income
$41,677
Median Earnings
$1,389
Median Rent
$425,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- CT Service — 13030 CR 20 Hwy 85 &, County Rd 20, Fort Lupton, CO 80621
Frequently Asked Questions
What type of property is this?
Auto shop - Built for truck and vehicle maintenance, with multiple service lifts and an on-site house.
Where is this auto shop located?
The property is located at 13030 County Road 20 Fort Lupton, CO.
What is the asking price?
The asking price for this property is $3,590,000.
What are key features of this property?
This property features: 17,080 SF automotive service building constructed in 2018; Multiple in‑place lifts support truck and vehicle maintenance; Highway 85 frontage and visibility
