<?xml version="1.0"?><ownershipDocument><schemaVersion>X0201</schemaVersion>    <documentType>4</documentType><periodOfReport>2004-01-22</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0001049316</issuerCik><issuerName>CAPITAL AUTOMOTIVE REIT</issuerName>        <issuerTradingSymbol>CARS</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001213429</rptOwnerCik><rptOwnerName>FULLER CRAIG L</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>8270 GREENSBORO DRIVE</rptOwnerStreet1><rptOwnerStreet2>SUITE 950</rptOwnerStreet2><rptOwnerCity>MCLEAN</rptOwnerCity><rptOwnerState>VA</rptOwnerState><rptOwnerZipCode>22102</rptOwnerZipCode><rptOwnerStateDescription></rptOwnerStateDescription></reportingOwnerAddress><reportingOwnerRelationship><isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><derivativeTable><derivativeTransaction><securityTitle><value>Options for Common Shares of Beneficial Interest</value></securityTitle><conversionOrExercisePrice><value>33.8600</value></conversionOrExercisePrice><transactionDate><value>2004-01-22</value></transactionDate><deemedExecutionDate></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionTimeliness><value></value></transactionTimeliness><transactionAmounts><transactionShares><value>5000.0000</value></transactionShares><transactionPricePerShare><value>0</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><footnoteId id="F1" /></exerciseDate><expirationDate><value>2014-01-22</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Shares of Beneficial Interest</value></underlyingSecurityTitle><underlyingSecurityShares><value>5000.0000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>5000.0000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeTransaction></derivativeTable><footnotes><footnote id="F1">These options vest in accordance with the Trustee Formula Option stipulated in the Capital Automotive Group Second Amended and Restated 1998 Equity Incentive Plan whereby (i) one-third of the option grant is exercisable on 7/22/2004, six months after the Date of Grant, (ii) another one-third on 1/22/2005, the first anniversary of the Date of Grant, and (iii) the remaining one-third will vest on 1/22/2006, the second anniversary of the Date of Grant.</footnote></footnotes><remarks></remarks><ownerSignature><signatureName>Craig L. Fuller</signatureName><signatureDate>2004-01-22</signatureDate></ownerSignature></ownershipDocument>

