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 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
(720) 692-6563
Listed by
Crystal Martinez
(719) 922-7383
Added: Jun 23 Updated: Jul 22 at 3:02PM Checked: Jul 22 at 4:06PM
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.
Investment Insights
Based on property information with market context.
For sale is a multi-building flex and warehouse complex designed for hands-on work and storage. The property includes more than 28,000 square feet of shop and commercial space across three buildings, plus a 4,377 square foot ranch-style home with three bedrooms and four bathrooms, heated floors, and an attached four-car garage. The shop buildings feature systems and finishes geared toward industrial production and fabrication, including an AFC downdraft 28-foot paint booth and Polyaspartic flooring. Building 1 includes radiant heat and a layout designed to support car storage, with many interior walls described as non-load bearing. Building 2 is constructed of Nucor Steel and includes RV storage, 23-foot ceilings at the high point, and an electric hook-up, along with a polishing room and storage. Building 3 is described as having fully lined walls, spray foam insulation, radiant tube heaters, and Polyaspartic flooring.
The property sits on approximately 19.19 acres and is described as private and secluded, with views across Colorado. Access includes two gated entrances, and a rear entrance that allows for semi loading. Parking is described as available for over 100 cars. The listing also notes multiple excavated pad sites on the property and mentions low property taxes under ag zoning.
Additional information in the remarks references a long list of equipment and machinery being part of a car restoration business sale, with details available through the listing broker.
The property sits on approximately 19.19 acres and is described as private and secluded, with views across Colorado. Access includes two gated entrances, and a rear entrance that allows for semi loading. Parking is described as available for over 100 cars. The listing also notes multiple excavated pad sites on the property and mentions low property taxes under ag zoning.
Additional information in the remarks references a long list of equipment and machinery being part of a car restoration business sale, with details available through the listing broker.
Key Highlights
- 28,000+ SQFT shop/commercial buildings for car restoration/collections, with parking for 100+ cars
- Includes AFC downdraft 28 ft paint booth plus a long list of restoration equipment and machinery (per broker info)
- Shop buildings: 17,000+ SQFT (space for 80+ cars) with radiant heat, Polyaspartic flooring, and drains
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 - Multi-building shop complex includes a heated paint booth, large car and RV storage, and multiple gated access points.
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+ SQFT shop/commercial buildings for car restoration/collections, with parking for 100+ cars; Includes AFC downdraft 28 ft paint booth plus a long list of restoration equipment and machinery (per broker info); Shop buildings: 17,000+ SQFT (space for 80+ cars) with radiant heat, Polyaspartic flooring, and drains
