Vail Valley Automotive Repair
For Sale
Contact for pricing
23798 Highway 24, Minturn, CO
Full-service auto shop serving Vail Valley with loyal customer base.
Property Size13,530 SF
Lot Size1.27 Acres
Price / SF$295.64
Days on Market686
Property Features for 23798 Highway 24
General Information
Standard status
Active
Size
13,530 SF
Lot size
1.27 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Matthews Real Estate Investment Services
(949) 662-2267
Listed By:
Cody Wellington · License #02220548(CA)
(303) 562-4101
Source:
Moodyscre
Added: Dec 5, 2024
Changed: Oct 11
Last Checked: Oct 21 at 12:34AM
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 Matthews Real Estate Investment Services
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 automotive property, known as Dutch Automotive, serves clientele throughout Vail Valley and has a loyal customer base. The business provides a wide variety of services, from collision work to mechanical repair, offering a full-service shop. The property is situated minutes from Vail Ski Resort and serves the entire Vail Valley. The property size is 13530 square feet.
Key Highlights
- Prime location minutes from Vail Ski Resort serving a high‑end customer base.
- Loyal customer base throughout Vail Valley.
- Full‑service shop offering comprehensive collision and total mechanical repair.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$189,626
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,792,520
$3.8M
Cap Rate 7%
$2,708,943
$2.7M
Cap Rate 9%
$2,106,956
$2.1M
Market Conditions
NOI Build-Up for 13,530 SF
Gross rent
$285.8K $21.12/SF
− Vacancy
−$14.9K −$1.10/SF
EGI
$270.9K $20.02/SF
− OpEx
−$81.3K −$6.01/SF
NOI
$189.6K $14.02/SF
Area
Eagle County, CO
Vacancy
5.20%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,792,520
Cap Rate 7%
$2,708,943
Cap Rate 9%
$2,106,956
Alternative Uses
Best Use
Retail
$2.71M
$2.37M – $3.16M
NOI $189,626 @ 7.0% cap · market cap 4.74%
Second Best
Industrial
$1.20M
$1.05M – $1.39M
NOI $83,680 @ 7.0% cap · market cap 2.09%
Theoretical Best
Office A
$3.71M
$3.25M – $4.33M
NOI $259,776 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
173
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- FAS — 1081 Main St, Minturn, CO 81645
- HoltHammer Cycles LLC — 1040 Main St Unit D, Minturn, CO 81645
- L & H Auto Body — 23798 US-24, Minturn, CO 81645
- Dutch Automotive L.L.C. — 23798 US-24, Minturn, CO 81645
Frequently Asked Questions
What type of property is this?
Auto shop - Full-service auto shop serving Vail Valley with loyal customer base.
Where is this auto shop located?
The property is located at 23798 Highway 24 Minturn, CO.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Prime location minutes from Vail Ski Resort serving a high‑end customer base.; Loyal customer base throughout Vail Valley.; Full‑service shop offering comprehensive collision and total mechanical repair.
