Freestanding Automotive
For Sale
Contact for pricing
1401-1425 Jamaica St, Aurora, CO 80010
Configured for automotive operations with service bays, office space, paint booths, and a vehicle lift.
Property Size13,440 SF
Price / SF$238.10
Days on Market15
Property Features for 1401-1425 Jamaica St
General Information
Standard status
Active
Size
13,440 SF
Property subtype
Retail, Industrial
Zoning
B-4, Aurora
Investment Type
Owner/User
Building Details
Year Built
1966
Year Renovated
2026
Buildings
1
Listing Agency:
Malman Real Estate
Listed By:
Nick Yockey · License #FA100074108
Source:
Crexi
Added: Jul 28
Changed: Aug 8
Last Checked: Aug 10 at 3:07PM
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 Malman Real Estate
Investment Insights
Based on property information with market context.
This freestanding automotive shop contains approximately 13,440 SF on an approximately 0.59-acre site. The 1966 building is arranged with multiple service bays and office space, supported by 400-amp, 3-phase 120/240V power. Three paint booths and one vehicle lift are included, with the configuration suited to collision repair, mechanical service, fleet work, tire sales, fabrication, and related industrial operations.
The property is located at 1401-1425 Jamaica St in Aurora, just north of East Colfax Avenue. It provides access to I-225, 6th Avenue, and I-70, with connectivity throughout the Denver metro area and an approximately 25-minute drive to Denver International Airport. Zoning is B-4, Aurora. Dedicated parking is available, along with potential for outdoor storage or yard use as described in the property information.
The property is located at 1401-1425 Jamaica St in Aurora, just north of East Colfax Avenue. It provides access to I-225, 6th Avenue, and I-70, with connectivity throughout the Denver metro area and an approximately 25-minute drive to Denver International Airport. Zoning is B-4, Aurora. Dedicated parking is available, along with potential for outdoor storage or yard use as described in the property information.
Key Highlights
- ±13,440 SF automotive industrial building on a ±0.59‑acre site
- 400‑amp, 3‑phase (120/240V) power
- Three paint booths and one vehicle lift
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
$183,246
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
5.73%
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%
$3,664,920
$3.7M
Cap Rate 7%
$2,617,800
$2.6M
Cap Rate 9%
$2,036,067
$2.0M
Market Conditions
NOI Build-Up for 13,440 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
$306.4K $22.80/SF
− Vacancy
−$24.5K −$1.82/SF
EGI
$281.9K $20.98/SF
− OpEx
−$98.7K −$7.34/SF
NOI
$183.2K $13.63/SF
Area
Aurora, CO
Vacancy
8.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
35.00%
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%
$3,664,920
Cap Rate 7%
$2,617,800
Cap Rate 9%
$2,036,067
Alternative Uses
Best Use
Flex RnD
$2.62M
$2.29M – $3.05M
NOI $183,246 @ 7.0% cap · market cap 5.73%
Second Best
Retail
$2.43M
$2.13M – $2.84M
NOI $170,445 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$3.76M
$3.29M – $4.38M
NOI $262,886 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,135
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80010, CO
42,303
Population
15,394
Households
2.7
Avg Household Size
32
Median Age
19%
College-Educated
73%
High-School Grad
5.1 sq mi
ZIP Area
8,295
Density / Sq Mi
$60,755
Median Household Income
$36,349
Median Earnings
$1,400
Median Rent
$385,700
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- El transportador mecánica — 1109 Newark St, Aurora, CO 80010
- Castillo's Muffler — 1456 Del Mar Pkwy, Aurora, CO 80010
- Bradley Petroleum Inc — 1090 Havana St, Aurora, CO 80010
- Regio’s towing-Servicio de Grua-Flatbed Towing-Fast Towing-24 — 1410 Emporia St, Aurora, CO 80010
- D&G Auto & Fender — 1458 Ironton St, Aurora, CO 80010
Frequently Asked Questions
What type of property is this?
Auto shop - Configured for automotive operations with service bays, office space, paint booths, and a vehicle lift.
Where is this auto shop located?
The property is located at 1401-1425 Jamaica St Aurora, CO.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: ±13,440 SF automotive industrial building on a ±0.59‑acre site; 400‑amp, 3‑phase (120/240V) power; Three paint booths and one vehicle lift
