Auto Shop and Office
3612 Betty Drive Colorado Springs, CO 80917
3612 Betty Drive, Colorado Springs, CO, 80917
$1,690,000
For Sale
$1,690,000
One-story mixed-use building with three oversized auto body bays offering 16-foot clearance plus office, reception, and utilities.
Property Size6,900 SF
Price / SF$244.93
Days on Market22
Property Features for 3612 Betty Drive
General Information
- Standard status
- Active
- Size
- 6,900 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1996
Listing agency
QORE REAL ESTATE & AUCTIONS
(303) 802-0003
Listed by
BRANDON GRAY · License #100066588
Source
Corcoran
Added: Jul 1 Updated: Jul 21 at 7:02PM Checked: Jul 22 at 7:35AM
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 QORE REAL ESTATE & AUCTIONS
Investment Insights
Based on property information with market context.
This one-story mixed-use building is currently set up for auto body and repair work with three oversized bays featuring 16-foot clearance. The interior also includes a welcoming reception area, three offices, a kitchen, and two bathrooms, supporting an on-site customer and administrative function.
The property is described as having great access and ample customer parking. It offers a practical layout for an auto shop and also supports flex or retail use.
In addition to the real estate, the offering includes an established auto repair business for an additional $125,000, including a 2000 contact customer list and 151 Google reviews averaging 4.8 stars. The included equipment list specifies four lifts, alignment equipment, a tire changer and tire balancer, a parts washer, a transmission jack, an engine hoist, an engine stand, and an air compressor.
The property is described as having great access and ample customer parking. It offers a practical layout for an auto shop and also supports flex or retail use.
In addition to the real estate, the offering includes an established auto repair business for an additional $125,000, including a 2000 contact customer list and 151 Google reviews averaging 4.8 stars. The included equipment list specifies four lifts, alignment equipment, a tire changer and tire balancer, a parts washer, a transmission jack, an engine hoist, an engine stand, and an air compressor.
Key Highlights
- 1996 one‑story mixed‑use building with three oversized auto body bays and 16' clearance
- Auto body space features 3 oversized bays and ample parking for customers
- Office area includes reception, 3 offices, a kitchen, and 2 bathrooms
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 | $124.2k | $18.00 |
| − Vacancy | −$5.6k | −$0.81 |
| EGI | $118.6k | $17.19 |
| − OpEx | −$35.6k | −$5.16 |
| NOI | $83.0k | $12.03 |
6,900 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.19M
$1.04M – $1.38M
NOI $83,028 @ 7.0% cap · market cap 4.91%
Second Best
Office B
$970.3K
$849.0K – $1.13M
NOI $67,922 @ 7.0% cap · market cap 4.02%
Theoretical Best
Specialty Retail
$1.36M
$1.19M – $1.59M
NOI $95,386 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
AIM LTD
Auto Repair Shop
Ksouth AIM Automotive
Auto Repair Shop
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FAQs
What type of property is this?
Auto shop - One-story mixed-use building with three oversized auto body bays offering 16-foot clearance plus office, reception, and utilities.
Where is this auto shop located?
The property is located at 3612 Betty Drive Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: 1996 one‑story mixed‑use building with three oversized auto body bays and 16' clearance; Auto body space features 3 oversized bays and ample parking for customers; Office area includes reception, 3 offices, a kitchen, and 2 bathrooms
