Turnkey Auto Shop for
For Sale
Contact for pricing
201 South Navajo Street, Denver, CO 80223
Turnkey auto shop building on I-B zoned land, ready for immediate auto-related operations in an industrial corridor.
Property Size3,549 SF
Price / SF$366.30
Days on Market82
Property Features for 201 South Navajo Street
General Information
Standard status
Active
Size
3,549 SF
Total Parking Spaces
12
Property subtype
Retail, Industrial
Zoning
I-B
Additional Details
Business Included
Yes
Building Details
Year Built
1977
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
BellStreet
(303) 731-5800
Listed By:
Baylor Watkins · License #FA.100111902
Source:
Crexi
Added: Jun 3
Changed: Aug 17
Last Checked: Aug 21 at 7:03PM
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 BellStreet
Investment Insights
Based on property information with market context.
The property is a turnkey auto shop with a 3,549 SF building constructed in 1977. The space is described as set up and ready to operate, with the existing infrastructure already in place for an owner-operator or investor.
The shop is located at 201 South Navajo Street in Denver and sits on I-B zoned land. It is positioned within an established industrial corridor suited to auto-related services.
This configuration supports tenant or owner-operator use without starting from scratch, since the property is presented as functional and operational. For buyers evaluating an automotive service business or an asset intended to serve auto-related demand, the combination of turn-key readiness and I-B zoning is the core practical fit.
The shop is located at 201 South Navajo Street in Denver and sits on I-B zoned land. It is positioned within an established industrial corridor suited to auto-related services.
This configuration supports tenant or owner-operator use without starting from scratch, since the property is presented as functional and operational. For buyers evaluating an automotive service business or an asset intended to serve auto-related demand, the combination of turn-key readiness and I-B zoning is the core practical fit.
Key Highlights
- Turnkey auto shop setup at 201 South Navajo Street, ready for immediate auto‑related operations
- 3,549 SF building constructed in 1977
- Located on I‑B zoned land in an established industrial corridor
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
$48,582
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
3.74%
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%
$971,640
$971.6K
Cap Rate 7%
$694,029
$694.0K
Cap Rate 9%
$539,800
$539.8K
Market Conditions
NOI Build-Up for 3,549 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
$72.8K $20.52/SF
− Vacancy
−$3.4K −$0.96/SF
EGI
$69.4K $19.56/SF
− OpEx
−$20.8K −$5.87/SF
NOI
$48.6K $13.69/SF
Area
Denver, CO
Vacancy
4.70%
Lease Rate
$20.52 /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%
$971,640
Cap Rate 7%
$694,029
Cap Rate 9%
$539,800
Alternative Uses
Best Use
Retail
$694.0K
$607.3K – $809.7K
NOI $48,582 @ 7.0% cap · market cap 3.74%
Second Best
Industrial
$430.6K
$376.8K – $502.4K
NOI $30,143 @ 7.0% cap · market cap 2.32%
Theoretical Best
Office A
$1.13M
$988.6K – $1.32M
NOI $79,084 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,058
Businesses Nearby
62k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 28%
Home Improvements & Furnishings 10%
Phillips 66
Shops & Services
9,352 visits/mo
0.1 miles
Circle K
Shops & Services
8,670 visits/mo
0.4 miles
7-Eleven
Shops & Services
8,380 visits/mo
0.2 miles
Little Caesars Pizza
Dining
8,234 visits/mo
0.4 miles
Wingstop
Dining
8,209 visits/mo
0.4 miles
Demographics for 80223, CO
19,862
Population
9,532
Households
2.1
Avg Household Size
34
Median Age
46%
College-Educated
87%
High-School Grad
5.3 sq mi
ZIP Area
3,748
Density / Sq Mi
$80,461
Median Household Income
$50,567
Median Earnings
$1,650
Median Rent
$497,900
Median Home Value
Market
Vacancy Rate% for Retail in Denver, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Turnkey auto shop building on I-B zoned land, ready for immediate auto-related operations in an industrial corridor.
Where is this auto shop located?
The property is located at 201 South Navajo Street Denver, CO.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Turnkey auto shop setup at 201 South Navajo Street, ready for immediate auto‑related operations; 3,549 SF building constructed in 1977; Located on I‑B zoned land in an established industrial corridor
