Auto Shop with Paint
Castle Rock, CO 80109, Castle Rock, CO 80109
For Sale
$6,700,000
Castle Rock, CO
Property Size28,000 SF
Lot Size20.00 Acres
Price / SF$239.29
Days on Market49
Property Features
General Information
Property type
Property subtype
Standard status
Lot size
Additional Details
Real Estate Included
Automotive Uses
Amenities
attached 4 car garage
radiant heat
polyaspartic flooring
drains
rv storage
electric hook-up
polishing room
fully-lined walls
spray foam insulation
3 excavated pad sites
2 gated entrances
rear entrance for semi loading
Building Details
Year built
Buildings
Listing Agency:
Engel & Volkers Denver · Engel & Völkers
(720) 692-6563
Listed By:
Crystal Martinez · License CO #100075607
Added: Sep 22
Changed: Oct 31
Last Checked: Nov 9 at 10:06PM
MLS# 2870314
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property includes more than 28,000 square feet of commercial shop space across three buildings, plus a 4,377-square-foot ranch-style home with three bedrooms, four bathrooms, heated floors, and an attached four-car garage. Shop features include an AFC downdraft paint booth measuring 28 feet, radiant heat, Polyaspartic flooring, drains, RV storage with an electric hookup, a polishing room, and storage. One building has 23-foot ceilings at the high point, while another has walls that can be removed to create a more open interior. Equipment and machinery associated with the restoration business are not included in the property sale.
The approximately 20-acre property is zoned agricultural and has two gated entrances. The rear entrance accommodates semi-truck loading, and the site is about four minutes from I-25 and downtown Castle Rock. Three additional excavated pad sites are also on the property.
The approximately 20-acre property is zoned agricultural and has two gated entrances. The rear entrance accommodates semi-truck loading, and the site is about four minutes from I-25 and downtown Castle Rock. Three additional excavated pad sites are also on the property.
Key Highlights
- More than 28,000 square feet of commercial shop space across three buildings
- Parking for over 100 cars
- AFC downdraft paint booth measures 28 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$576,774
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,535,480
$11.5M
Cap Rate 7%
$8,239,629
$8.2M
Cap Rate 9%
$6,408,600
$6.4M
Market Conditions
NOI Build-Up for 28,000 SF
Gross rent
$843.4K $30.12/SF
− Vacancy
−$19.4K −$0.69/SF
EGI
$824.0K $29.43/SF
− OpEx
−$247.2K −$8.83/SF
NOI
$576.8K $20.60/SF
Area
Douglas County, CO
Vacancy
2.30%
Lease Rate
$30.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,535,480
Cap Rate 7%
$8,239,629
Cap Rate 9%
$6,408,600
Alternative Uses
Best Use
Retail
$8.24M
$7.21M – $9.61M
NOI $576,774 @ 7.0% cap · market cap 8.61%
Second Best
Industrial
$5.71M
$4.99M – $6.66M
NOI $399,572 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$9.62M
$8.42M – $11.22M
NOI $673,223 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80109, CO
27,148
Population
9,598
Households
2.8
Avg Household Size
36
Median Age
57%
College-Educated
98%
High-School Grad
26.0 sq mi
ZIP Area
1,044
Density / Sq Mi
$148,417
Median Household Income
$63,640
Median Earnings
$2,245
Median Rent
$648,900
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 West region
Similar Off Market Nearby
- Classic Collision — 2807 US-85, Castle Rock, Colorado 80109
Frequently Asked Questions
What type of property is this?
Auto shop - Several shop buildings offer vehicle storage, radiant heat, and space for restoration work.
Where is this auto shop located?
The property is located at Castle Rock, CO.
What is the asking price?
The asking price for this property is $6,700,000.
What are key features of this property?
This property features: More than 28,000 square feet of commercial shop space across three buildings; Parking for over 100 cars; AFC downdraft paint booth measures 28 feet
