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Automotive Repair Shop
New
For Sale
$1,699,900

1525 Lansing Street, Aurora, CO 80010

Collision and mechanical service facility with equipment, fenced yards, and legally recognized automotive repair use.

Property Size5,109 SF
Price / SF$332.73
Days on Market4

Property Features for 1525 Lansing Street

General Information

Standard status Active
Size 5,109 SF
Property subtype Industrial
Zoning OA-G

Additional Details

Fenced Yard Yes
Service Bays 4

Taxes and HOA fees

Annual Taxes $15,001

Building Details

Building Size 5,109 SF
Year Built 1960
Listing Agency: A2Z Realty LLC
Listed By: Adam Malachi · License #40012717
Source: Zencasarealty
Added: Sep 3 Changed: Sep 5 Last Checked: Sep 5 at 4:27AM

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 A2Z Realty LLC

Investment Insights

Based on property information with market context.

This 5,109-square-foot automotive service property supports collision repair and mechanical work. The facility includes 4 lifts, painting areas, a mixing room, air compressor, and frame machine, with most FF&E included in the sale. Fenced yards are positioned on both sides of the building, adding secured exterior space for operations and vehicle handling.

Located at 1525 Lansing Street in Aurora, Colorado, the property was built in 1960 and is zoned OA-G. The site carries a legal nonconforming use for automotive repair and collision bodywork, supporting the property’s existing automotive service function.

Key Highlights

  • 5,109‑square‑foot automotive repair and collision facility
  • 4 lifts included for mechanical service operations
  • Fenced yards on both sides of the property

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
$64,792
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
3.81%
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%
$1,295,840 $1.3M
Cap Rate 7%
$925,600 $925.6K
Cap Rate 9%
$719,911 $719.9K
Market Conditions
NOI Build-Up for 5,109 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
$101.2K $19.80/SF
− Vacancy
−$8.6K −$1.68/SF
EGI
$92.6K $18.12/SF
− OpEx
−$27.8K −$5.44/SF
NOI
$64.8K $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%
$1,295,840
Cap Rate 7%
$925,600
Cap Rate 9%
$719,911

Alternative Uses

Best Use
Retail
$925.6K
$809.9K – $1.08M (±1% cap)
NOI $64,792 @ 7.0% cap · market cap 3.81%
Second Best
Industrial
$885.5K
$774.8K – $1.03M (±1% cap)
NOI $61,984 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $99,932 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Parking Lot & Garage Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Service bays
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,135
Businesses Nearby
139k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 51% Groceries 23% Shops & Services 20% Apparel 3%
Lowe's Market Groceries
32,436 visits/mo 0.1 miles
McDonald's Dining
26,568 visits/mo 0.1 miles
Little Caesars Pizza Dining
12,399 visits/mo 0.3 miles
Guadalajara Dining
9,252 visits/mo 0.3 miles
Popeyes Louisiana Kitchen Dining
8,017 visits/mo 0.1 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Bradley Petroleum Inc 1090 Havana St, Aurora, CO 80010
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  • Regio’s towing-Servicio de Grua-Flatbed Towing-Fast Towing-24 1410 Emporia St, Aurora, CO 80010
  • Castillo's Muffler 1456 Del Mar Pkwy, Aurora, CO 80010
  • D&G Auto & Fender 1458 Ironton St, Aurora, CO 80010

Frequently Asked Questions

What type of property is this?
Auto shop - Collision and mechanical service facility with equipment, fenced yards, and legally recognized automotive repair use.
Where is this auto shop located?
The property is located at 1525 Lansing Street Aurora, CO.
What is the asking price?
The asking price for this property is $1,699,900.
What are key features of this property?
This property features: 5,109‑square‑foot automotive repair and collision facility; 4 lifts included for mechanical service operations; Fenced yards on both sides of the property
More about this property
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