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Property profile & analytics
OFF-MARKET
Auto shops

605 9 St Cañon City, CO 81212

15,538 SF
Property ID
US13-0813960
Property summary
AI-generated overview

This exceptional turnkey investment opportunity presents a five-bay auto wash facility situated on a 15,538 square foot lot in Cañon City, Colorado. Located at 605 S 9th St, 81212, this property boasts 100% occupancy and a strong 12% cap rate. The asking price is $1,200,000, translating to $77.23 per square foot. The five covered bays include an extra-large bay suitable for larger vehicles. Additional features include convenient vacuum stations and high visibility from a major thoroughfare. This property benefits from its location in a high-traffic area, attracting both local residents and tourists visiting nearby attractions like the Royal Gorge Bridge and Park. The property's strategic location within a growing market, coupled with its current strong performance and potential for future redevelopment, makes it an attractive investment for those seeking passive income or future development opportunities. The NNN lease structure minimizes operational involvement for the owner. The property is a five-story building and is currently operating at 100% occupancy. This represents a rare opportunity to acquire a well-established, profitable business in a desirable location. The property is offered as a single tenancy and has zero years remaining on the lease, making it ideal for an owner-operator or investor seeking immediate control. The property's size and location offer significant potential for future expansion or redevelopment.

Property profile
Verified
Property type Auto shops
Total area 15,538 SF
UPID US13-0813960
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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