Automotive Flex and Warehouse
undisclosed Castle Rock, CO 80109
undisclosed, Castle Rock, CO, 80109
$8,700,000
For Sale
$8,700,000
Commercial Sale, Other - Castle Rock, CO
Property Size28,000 SF
Lot Size19.19 Acres
Price / SF$310.71
Days on Market29
Property Features for undisclosed
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 2505-083-00-001
- Lot size
- 19.19 Acres
Building Details
- Year built
- 1969
- Architectural style
- Other
Listing Agency
Engel & Völkers Denver
(720) 692-6563
4272 Lowell Boulevard, Denver, CO
Listed by
Crystal Martinez
(719) 922-7383
Added: Jun 23 Updated: Jul 20 at 3:02 pm Checked: Jul 21 at 3:06 am
MLS# 2870314
Listing URL
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.
Investment Insights
Based on property information with market context.
This sale includes a flexible commercial/shop campus with multiple buildings and a residence. Shop Building 1 offers 17,000+ sqft with radiant heat, Polyaspartic flooring, and drains, with most walls described as non-load bearing and potentially removable to open the space. Shop Building 2 is 9,000+ sqft with Nucor Steel construction, 1-foot-thick walls, energy-saving insulation, 23' ceilings at the high point, Polyaspartic flooring, RV storage, electric hook-up, a polishing room, and storage. Shop Building 3 is 2,000+ sqft with fully-lined walls, spray foam insulation, radiant tub heaters, and Polyaspartic flooring. The property also features a 4,377 sqft ranch style home with three bedrooms and four baths, heated floors, and an attached four-car garage.
The site provides parking for over 100 cars and includes two gated entrances, with a rear entrance allowing for semi loading. Additional excavated pad sites are included, and the property is described as private and secluded while being about four minutes from I-25 and downtown Castle Rock. The listing notes ag zoning and low property taxes, along with very low utility costs due to the extraordinary build out.
The commercial offering is presented as part of a car restoration business sale, with additional equipment and machinery included (see the listing broker for details).
The site provides parking for over 100 cars and includes two gated entrances, with a rear entrance allowing for semi loading. Additional excavated pad sites are included, and the property is described as private and secluded while being about four minutes from I-25 and downtown Castle Rock. The listing notes ag zoning and low property taxes, along with very low utility costs due to the extraordinary build out.
The commercial offering is presented as part of a car restoration business sale, with additional equipment and machinery included (see the listing broker for details).
Key Highlights
- 28,000+ SF shop buildings/commercial space for car restoration, with equipment and machinery included (per listing broker)
- Parking for 100+ cars, plus a 28 ft AFC downdraft paint booth
- Three commercial buildings: 17,000+ SF (80+ car capacity), 9,000+ SF with 23' ceilings, and 2,000+ SF shop
Local Financial Insights For Industrial
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 | $581.3k | $20.76 |
| − Vacancy | −$10.5k | −$0.37 |
| EGI | $570.8k | $20.39 |
| − OpEx | −$171.2k | −$6.12 |
| NOI | $399.6k | $14.27 |
28,000 SF · lease $20.76/SF/yr · vacancy 1.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$5.71M
$4.99M – $6.66M
NOI $399,572 @ 7.0% cap · market cap 4.59%
Second Best
Flex RnD
$5.22M
$4.57M – $6.09M
NOI $365,364 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$9.62M
$8.42M – $11.22M
NOI $673,223 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Multiple shop buildings with a 28-ft AFC downdraft paint booth and parking for 100+ cars, plus a ranch home on acreage.
Where is this flex space located?
The property is located at undisclosed Castle Rock, CO.
What is the asking price?
The asking price for this property is $8,700,000.
What are key features of this property?
This property features: 28,000+ SF shop buildings/commercial space for car restoration, with equipment and machinery included (per listing broker); Parking for 100+ cars, plus a 28 ft AFC downdraft paint booth; Three commercial buildings: 17,000+ SF (80+ car capacity), 9,000+ SF with 23' ceilings, and 2,000+ SF shop
