Vail Valley Automotive Repair
23798 Highway 24 Minturn, CO
23798 Highway 24, Minturn, CO, 00000
Contact for pricing
For Sale
Contact for pricing
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 Market594
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
(303) 562-4101
Listed by
Cody Wellington
(303) 562-4101
Source
Moodyscre
Added: Dec 5, 2024 Updated: Jul 10 at 11:46AM Checked: Jul 21 at 6:40AM
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
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.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $285.8k | $21.12 |
| − Vacancy | −$14.9k | −$1.10 |
| EGI | $270.9k | $20.02 |
| − OpEx | −$81.3k | −$6.01 |
| NOI | $189.6k | $14.02 |
13,530 SF · lease $21.12/SF/yr · vacancy 5.20% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- L & H Auto Body — 23798 US-24, Minturn, CO 81645
- FAS — 1081 Main St, Minturn, CO 81645
- Dutch Automotive L.L.C. — 23798 US-24, Minturn, CO 81645
- HoltHammer Cycles LLC — 1040 Main St Unit D, Minturn, CO 81645
FAQs
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.
