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Circle Drive Automotive/Retail Property

400 N Circle Dr, Colorado Springs, CO 80909

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For Sale

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Automotive/Retail property with multiple structures and fenced yard.

Type:Retail

Property size:

4,040 SF

Price / SF:

$228/SF

HighLights

High‑visibility location with Circle frontage south of Platte.
Multiple buildings totaling approximately 4,040 sq ft, offering versatile space.
Zoned MX‑L, allowing for a mix of uses.
Fully fenced yard providing security and privacy.
Main building includes a showroom, office, restroom, and shop area.
Features an outdoor wash bay for convenient cleaning.

We can help!

Contact an agent

Cole Underwood

For Sale

Contact for pricing

Automotive/Retail property with multiple structures and fenced yard.

Type:Retail

Property size:

4,040 SF

Price / SF:

$228/SF

Added:: Mar 2, 2026
Days on Market:: 126
Last Refresh:: Jul 2 at 6:02 am

Property Features for 400 N Circle Dr

General Information

Standard status: Active
Size: 4,040 SF
Property subtype: Retail

Building Details

Year Built: 1964

We can help!

Contact an agent

Cole Underwood

Listing office RE/MAX Properties Inc

Listing date Mar 2, 2026

Source Crexi

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 RE/MAX Properties Inc

HighLights

High‑visibility location with Circle frontage south of Platte.
Multiple buildings totaling approximately 4,040 sq ft, offering versatile space.
Zoned MX‑L, allowing for a mix of uses.
Fully fenced yard providing security and privacy.
Main building includes a showroom, office, restroom, and shop area.
Features an outdoor wash bay for convenient cleaning.

Overview

This property, situated with frontage on Circle Drive just south of Platte, features multiple structures totaling approximately 4,040 square feet. The main building includes a showroom area, office space, a restroom, and a shop area. The remaining three structures each have 8'x8' overhead doors for access and offer ample storage space. The yard is fully fenced and includes an outdoor wash bay. The property is currently zoned MX-L.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$72.7k	$18.00
− Vacancy	−$3.3k	−$0.81
EGI	$69.4k	$17.19
− OpEx	−$20.8k	−$5.16
NOI	$48.6k	$12.03

4,040 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$694.5K

$607.7K – $810.2K (±1% cap)

NOI $48,613 @ 7.0% cap · market cap 5.26%

Second Best

Industrial

$523.7K

$458.3K – $611.0K (±1% cap)

NOI $36,660 @ 7.0% cap · market cap 3.96%

Theoretical Best

Specialty Retail

$797.8K

$698.1K – $930.8K (±1% cap)

NOI $55,849 @ 7.0% cap · market cap 6.04%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

All Rental Center (Bike/Boat/Book/etc) Store

Suggested Use

Similar Places Nearby

U-Haul Neighborhood Dealer — 2539 Gunnison St, Colorado Springs, CO 80909
U-Haul Neighborhood Dealer — 3445 N Chelton Rd Ste D&E, Colorado Springs, CO 80909
SOCO Trailer Rental — 2218 E St Vrain St, Colorado Springs, CO 80909
Fluid Market - Truck Share — 230 N Circle Dr, Colorado Springs, CO 80909
U-Haul Neighborhood Dealer — 2312 E Platte Ave, Colorado Springs, CO 80909

Location Insight

Map
Local Demand

City: Colorado Springs
County: El Paso
State: Colorado
Longitude: -104.780919
Latitude: 38.82498

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What type of property is this?

Automotive property - Automotive/Retail property with multiple structures and fenced yard.

Where is this automotive property located?

The property is located at 400 N Circle Dr Colorado Springs, CO.

What is the asking price?

The asking price for this property is $925,000.

What are key features of this property?

This property features: High‑visibility location with Circle frontage south of Platte.; Multiple buildings totaling approximately 4,040 sq ft, offering versatile space.; Zoned MX‑L, allowing for a mix of uses.