Turnkey Automotive Shop
For Sale
Contact for pricing
133 Oak Drive, Eaton, CO 80615
Automotive shop with two lifts, multiple overhead doors, radiant floor heating, and office/reception space.
Property Size2,716 SF
Price / SF$156.48
Days on Market758
Property Features for 133 Oak Drive
General Information
Standard status
Active
Size
2,716 SF
Property subtype
INDUSTRIAL
Site & Location
Traffic Count
13,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Clear Height
16.8 ft
Service Bays
3
Amenities
radiant floor heating
floor drains
pole signage
Listing Agency:
Realtec Greeley
(970) 346-9900
Listed By:
Nick Berryman · License #FA40034059
(970) 396-0853
Source:
Moodyscre
Added: Sep 30, 2024
Changed: Oct 25
Last Checked: Oct 26 at 3:46PM
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 Realtec Greeley
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 turnkey automotive shop includes two lifts, a parts washer, and an air compressor, along with a 3-bay shop area. The building features radiant floor heating and floor drains in the shop, with 14'5" to 16'10" clear height. Vehicle access includes three 14' overhead doors and one 8' overhead door. An office/reception area is also in place, and the interior is described as well maintained.
The property fronts Hwy 85 in Eaton, Colorado, and includes a gravel parking lot on 0.22 acres. Approximately 13,000 AADT is noted for Hwy 85. Pole signage is available.
A practical configuration for automotive service use, with shop utilities and multiple overhead doors for efficient bay access, plus an onsite office/reception area.
The property fronts Hwy 85 in Eaton, Colorado, and includes a gravel parking lot on 0.22 acres. Approximately 13,000 AADT is noted for Hwy 85. Pole signage is available.
A practical configuration for automotive service use, with shop utilities and multiple overhead doors for efficient bay access, plus an onsite office/reception area.
Key Highlights
- Turnkey automotive shop setup with 2 lifts, parts washer, and air compressor, plus office/reception space
- Fronts Hwy 85 in Eaton, CO with approximately 13,000 AADT
- Radiant floor heating with floor drains in the shop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,697
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,940
$613.9K
Cap Rate 7%
$438,529
$438.5K
Cap Rate 9%
$341,078
$341.1K
Market Conditions
NOI Build-Up for 2,716 SF
Gross rent
$48.9K $18.00/SF
− Vacancy
−$5.0K −$1.85/SF
EGI
$43.9K $16.15/SF
− OpEx
−$13.2K −$4.84/SF
NOI
$30.7K $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 Rate 5%
$613,940
Cap Rate 7%
$438,529
Cap Rate 9%
$341,078
Alternative Uses
Best Use
Retail
$438.5K
$383.7K – $511.6K
NOI $30,697 @ 7.0% cap · market cap 7.22%
Second Best
Industrial
$345.9K
$302.7K – $403.6K
NOI $24,216 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office B
$495.0K
$433.1K – $577.5K
NOI $34,649 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
16 ft
Clear height
3
Service bays
13,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80615, CO
9,486
Population
3,684
Households
2.6
Avg Household Size
38
Median Age
37%
College-Educated
94%
High-School Grad
105.9 sq mi
ZIP Area
90
Density / Sq Mi
$106,948
Median Household Income
$54,897
Median Earnings
$1,661
Median Rent
$489,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive shop with two lifts, multiple overhead doors, radiant floor heating, and office/reception space.
Where is this auto shop located?
The property is located at 133 Oak Drive Eaton, CO.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Turnkey automotive shop setup with 2 lifts, parts washer, and air compressor, plus office/reception space; Fronts Hwy 85 in Eaton, CO with approximately 13,000 AADT; Radiant floor heating with floor drains in the shop
