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Freestanding Auto Shop with Drive-Through Bays
For Sale
$1,050,000

3930 Galley Road, Colorado Springs, CO 80909

Commercial, Colorado Springs, CO

Property Size5,277 SF
Lot Size0.46 Acres
Price / SF$198.98
Days on Market160

Property Features for 3930 Galley Road

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Lot size 0.46 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11213

Amenities

Eight 10' x 10' Grade Level Doors
Two Drive-Thru Bays
Excellent Frontage
Large Pylon Signage
Remodeled Lobby
Move-in Ready

Building Details

Year built 1971
Listing Agency: Better Homes and Gardens Real Estate Kenney & Company
Listed By: Calvin Tucker
Added: Apr 30 Changed: Sep 2 Last Checked: Oct 6 at 4:06PM
MLS# 3619412

Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,277-square-foot freestanding auto shop was built in 1971 and configured for automotive or service-industrial use. The building includes two drive-through bays and eight 10' x 10' grade-level doors, providing multiple points for vehicle movement and shop access. A remodeled front office and customer area presents updated finishes, while the service area features sealed concrete floors with epoxy coating and additional recent upgrades.

The property includes a fully fenced yard with two gated access points, along with pole signage and large pylon signage. It sits just off the signalized intersection of Galley Road and North Academy Blvd in Colorado Springs. MX-L zoning and the existing layout accommodate a range of automotive, contractor, and fleet-related operations supported by the current improvements.

Key Highlights

  • 5,277 SF freestanding building on 0.4591 acres
  • Eight 10' x 10' grade‑level doors
  • Two drive‑through bays for vehicle access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,498
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,269,960 $1.3M
Cap Rate 7%
$907,114 $907.1K
Cap Rate 9%
$705,533 $705.5K
Market Conditions
NOI Build-Up for 5,277 SF
Gross rent
$95.0K $18.00/SF
− Vacancy
−$4.3K −$0.81/SF
EGI
$90.7K $17.19/SF
− OpEx
−$27.2K −$5.16/SF
NOI
$63.5K $12.03/SF
Area
Colorado Springs, CO
Vacancy
4.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,269,960
Cap Rate 7%
$907,114
Cap Rate 9%
$705,533

Alternative Uses

Best Use
Retail
$907.1K
$793.7K – $1.06M (±1% cap)
NOI $63,498 @ 7.0% cap · market cap 6.05%
Second Best
Flex RnD
$726.2K
$635.4K – $847.2K (±1% cap)
NOI $50,833 @ 7.0% cap · market cap 4.84%
Theoretical Best
Specialty Retail
$1.04M
$911.9K – $1.22M (±1% cap)
NOI $72,949 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Lighthouse Automotive Auto Repair Shop

Suggested Use

Top Pick Law Firm Daycare Center Real Estate Agency Parking Lot & Garage Pet Grooming Service Restaurant

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

8
Drive-in doors
2
Service bays
Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,437
Businesses Nearby
Well-served
Demand for This Use

Demographics for 80909, CO

37,302
Population
16,572
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,722
Density / Sq Mi
$61,777
Median Household Income
$36,894
Median Earnings
$1,227
Median Rent
$352,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Colorado Springs, CO

4.9% 2019
5.5% 2020
4.7% 2021
4.9% 2022
3.5% 2023
3.8% 2024
5.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • El Gto — 3475 Pine Tree Square, Colorado Springs, CO 80909
  • Full Throttle Auto Service — 305 N Chelton Rd, Colorado Springs, CO 80909
  • Auto Masters — 3310 Chelton Loop N, Colorado Springs, CO 80909
  • 1 Stop Auto Detail Inc — 3315 Chelton Loop N c, Colorado Springs, CO 80909
  • Patterson Brothers Automotive — 207 N Chelton Rd Unit 100, Colorado Springs, CO 80909

Frequently Asked Questions

What type of property is this?
Auto shop - Remodeled customer-facing areas, secured yard access, and flexible MX-L zoning support automotive service operations.
Where is this auto shop located?
The property is located at 3930 Galley Road Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 5,277 SF freestanding building on 0.4591 acres; Eight 10' x 10' grade‑level doors; Two drive‑through bays for vehicle access
More about this property
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