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Automotive Shop Campus with Paint Booth

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 Market30

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
Listed by Crystal Martinez
Added: Jun 23 Updated: Jul 21 at 3:02PM Checked: Jul 22 at 4:06AM
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.


Investment Insights

Based on property information with market context.

This automotive-focused shop campus offers 28,000+ square feet across multiple buildings, designed for car restoration and related commercial use. Building 1 includes space for 80+ cars and features radiant heat, Polyaspartic flooring, and drains, with most walls described as non-load bearing to allow for reconfiguration. Building 2 offers 9,000+ square feet with Nucor steel construction, 23-foot ceilings at the high point, energy-saving insulation, Polyaspartic flooring, RV storage, an electric hook-up, a polishing room, and additional storage. Building 3 exceeds 2,000 square feet and includes fully lined walls, spray foam insulation, radiant tub heaters, and Polyaspartic flooring. The property also includes a 4,377-square-foot ranch-style home with 3 bedrooms, 4 bathrooms, heated floors, and an attached 4-car garage.

The site includes AFC downdraft 28-ft paint booth capability and is described as private and secluded, with two gated entrances. The rear entrance is noted to accommodate semi loading. Additional details include 3 additional excavated pad sites on the property and parking for over 100 cars.

The property totals 19.19 acres and is positioned about 4 minutes from I-25 and downtown Castle Rock, with low property taxes referenced as ag zoning and low utility costs referenced due to the build-out.

Key Highlights

  • 28,000+ sqft of shop/commercial buildings for car restoration with long list of equipment and machinery included in the business sale
  • AFC downdraft 28 ft paint booth plus radiant heat, Polyaspartic flooring, and drains across the shop buildings
  • Parking for 100+ cars; Building 1 is 17,000+ sqft with room for 80+ cars

Local Financial Insights For Retail

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 $843.4k $30.12
− Vacancy −$19.4k −$0.69
EGI $824.0k $29.43
− OpEx −$247.2k −$8.83
NOI $576.8k $20.60
28,000 SF · lease $30.12/SF/yr · vacancy 2.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$8.24M
$7.21M – $9.61M (±1% cap)
NOI $576,774 @ 7.0% cap · market cap 6.63%
Second Best
Industrial
$5.71M
$4.99M – $6.66M (±1% cap)
NOI $399,572 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$9.62M
$8.42M – $11.22M (±1% cap)
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

Auto shops

Similar Off Market Nearby

  • Clayton Restoration Ltd — 1751 W Wolfensberger Rd, Castle Rock, CO 80109

FAQs

What type of property is this?
Auto shop - Automotive shop campus with multiple heated buildings, including a 28-ft AFC downdraft paint booth and RV storage.
Where is this auto shop 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+ sqft of shop/commercial buildings for car restoration with long list of equipment and machinery included in the business sale; AFC downdraft 28 ft paint booth plus radiant heat, Polyaspartic flooring, and drains across the shop buildings; Parking for 100+ cars; Building 1 is 17,000+ sqft with room for 80+ cars
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