A site that formerly provided RV storage near Englewood is on track to become an automobile auction storage site, after recently being purchased by the group that previously bought the Bandimere Speedway property in Morrison.
The automobile auction company Copart bought the site, which sits at 4400 S. Clay St., in January. The company purchased the property from 4400 Clay Fund III LLC, a company run by Ryan Good of Good Investment Partners and Andrew Klein, according to Arapahoe County documents.
As reported by BusinessDen, Copart bought the roughly 40-acre site for $32 million. The land is in unincorporated Arapahoe County east of Federal Boulevard and south of Oxford Avenue, bordering Centennial Park in Englewood.
County documents show an application on behalf of 4400 Clay Fund III LLC in July to “change the use of the property from recreational vehicle storage to automobile storage for online auction purposes.” The application states that there are no requests for zoning changes and that there are no plans to regrade, build new structures or disturb the existing conditions of the land.
As reported by BusinessDen, Copart operates four other facilities in the state, with three in the metro area and one in Colorado Springs. The company is also planning to put a vehicle auction center on the former Bandimere Speedway property in Morrison. BusinessDen reported that Copart bought the property for $51 million in October.