Turn Key Automotive Repair
For Sale
$299,900
655 7th Ave, Deer Trail, CO 80105
Automotive repair garage with I-70 frontage and great visibility.
Property Size2,550 SF
Lot Size0.31 Acres
Days on Market271
Property Features for 655 7th Ave
General Information
Standard status
Active
Size
2,550 SF
Lot size
0.31 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$6,037
Building Details
Building Size
2,550 SF
Year Built
2017
Stories
1
Units
1
Listing Agency:
LOKATION
(720) 635-0441
Listed By:
Jonathan Coyle · License #055739
(720) 635-0441
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Aug 25 at 7:59AM
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 LOKATION
Investment Insights
Based on property information with market context.
This is a turn-key automotive repair garage with I-70 frontage, offering great visibility from both eastbound and westbound traffic. The property borders the westbound on-ramp, providing easy access via a frontage road to I-70. It is situated adjacent to existing commercial developments. The garage features four doors, including two oversized doors and one oversized drive-through door. There is ample storage space available both inside and outside. The property includes overhead radiant heat and a car lift that will remain with the property. The fully finished office space includes a bathroom with a shower, storage, and office area. This property presents a significant opportunity in a rapidly growing and developing town and is suitable for auto shops, automotive properties, and retail properties.
Key Highlights
- I‑70 frontage with high visibility (east and westbound)
- Turn‑key automotive repair/garage
- Easy access via frontage road and westbound on‑ramp
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,141
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$382,820
$382.8K
Cap Rate 7%
$273,443
$273.4K
Cap Rate 9%
$212,678
$212.7K
Market Conditions
NOI Build-Up for 2,550 SF
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.
Gross rent
$29.5K $11.58/SF
− Vacancy
−$2.2K −$0.86/SF
EGI
$27.3K $10.72/SF
− OpEx
−$8.2K −$3.22/SF
NOI
$19.1K $7.51/SF
Area
Arapahoe County, CO
Vacancy
7.40%
Lease Rate
$11.58 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$382,820
Cap Rate 7%
$273,443
Cap Rate 9%
$212,678
Alternative Uses
Best Use
Retail
$658.2K
$575.9K – $767.9K
NOI $46,074 @ 7.0% cap · market cap 15.36%
Second Best
Industrial
$273.4K
$239.3K – $319.0K
NOI $19,141 @ 7.0% cap · market cap 6.38%
Theoretical Best
Multifamily LT 5
$37.86M
$33.13M – $44.17M
NOI $2,650,155 @ 7.0% cap · market cap 883.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
14k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Conoco
Shops & Services
8,071 visits/mo
0.2 miles
Phillips 66
Shops & Services
6,025 visits/mo
0.0 miles
Demographics for 80105, CO
1,771
Population
822
Households
2.2
Avg Household Size
37
Median Age
18%
College-Educated
91%
High-School Grad
396.2 sq mi
ZIP Area
4
Density / Sq Mi
$86,964
Median Household Income
$46,523
Median Earnings
$943
Median Rent
$374,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- One man shop towing — 604 1st Ave, Deer Trail, CO 80105
- Avalos tires shop — 512 1st Ave, Deer Trail, CO 80105
- One Man Shop Towing and Recovery LLC — 464 2nd Ave, Deer Trail, CO 80105
- Mckibben's Field Service LLC — 790 2nd Ave, Deer Trail, CO 80105
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive repair garage with I-70 frontage and great visibility.
Where is this auto shop located?
The property is located at 655 7th Ave Deer Trail, CO.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: I‑70 frontage with high visibility (east and westbound); Turn‑key automotive repair/garage; Easy access via frontage road and westbound on‑ramp
