Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings
    (970) 925-6063
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Commercial Lease
    • Commercial Sale
    • Land
    • Residential Multi Family

    Listings

    For Sale (22)

    View map
    New Construction Townhome in Basalt
    $2,495,000
    1,876 SF

    New Construction Townhome in Basalt

    Luxury townhome with high-end finishes and outdoor amenities.

    337 Stotts Ml Rd, Basalt, CO 81621
    View details
    Riverfront Duplex in Downtown Aspen
    $10,900,000
    3,049 SF

    Riverfront Duplex in Downtown Aspen

    Zen-inspired duplex with river access and downtown convenience.

    1022 E Hyman Ave, Aspen, CO 81611
    View details
    Basalt Land Near Frying Pan
    $1,050,000
    4.59 Acres

    Basalt Land Near Frying Pan

    4.59 acre parcel near Frying Pan River in Basalt, CO.

    1200 Frying Pan Rd, Basalt, CO 81621
    View details
    Iconic Aspen Commercial Property
    Contact for pricing
    8,826 SF

    Iconic Aspen Commercial Property

    Four-level historic commercial property in Aspen's core, leased to luxury brand.

    312 S Galena St, Aspen, CO 81611
    View details
    Commercial Land in Downtown New Castle
    $330,000
    0.17 Acres

    Commercial Land in Downtown New Castle

    Commercial lot in historic downtown New Castle with high visibility.

    W Main St, New Castle, CO 81647
    View details
    Carbondale Land with Cerise Ranch Access
    $595,000
    2.02 Acres

    Carbondale Land with Cerise Ranch Access

    Two-acre Carbondale lot with access to Cerise Ranch amenities.

    Larkspur Dr, Carbondale, CO 81623
    View details
    Starwood Land with Panoramic Views
    $5,950,000
    4.37 Acres

    Starwood Land with Panoramic Views

    Exceptional 4.37-acre homesite with stunning mountain views near Aspen.

    Aspen, CO 81611
    View details
    Downtown Basalt Office Space
    $1,595,000
    2,038 SF

    Downtown Basalt Office Space

    Office space in historic downtown Basalt, Colorado.

    229 Midland Ave, Basalt, CO 81621
    View details
    Land in Frying Pan Valley
    $1,242,000
    4.14 Acres

    Land in Frying Pan Valley

    4.14 acre lot in the iconic Frying Pan River valley.

    4959 Frying Pan Rd, Basalt, CO 81621
    View details
    Basalt Land with Water Rights
    $2,950,000
    11.41 Acres

    Basalt Land with Water Rights

    11+ acre Basalt land with spring-fed pond and water rights.

    5045 Frying Pan Rd, Basalt, CO 81621
    View details
    Basalt Land with River Views
    $1,952,000
    6.51 Acres

    Basalt Land with River Views

    6.51 acres in the Frying Pan River Valley.

    5129 Frying Pan Rd, Basalt, CO 81621
    View details
    Glenwood Springs Land with Mountain Views
    $195,000
    0.29 Acres

    Glenwood Springs Land with Mountain Views

    Vacant land with mountain views, ready for building.

    305 Old Midland Spur, Glenwood Springs, CO 81601
    View details
    Elegant Duplex Near Downtown Aspen
    $10,950,000
    4,154 SF

    Elegant Duplex Near Downtown Aspen

    Luxurious mountain retreat with views, comfort, and sophisticated design.

    42703 Highway 82, Aspen, CO 81611
    View details
    De Beque Industrial Land For Sale
    $3,150,000
    53.89 Acres

    De Beque Industrial Land For Sale

    55 acres of heavy industrial land with utilities and rail access.

    4695 Hwy, De Beque, CO 81630
    View details
    Carbondale Land Parcel Opportunity
    $450,000
    0.72 Acres

    Carbondale Land Parcel Opportunity

    Generous lot in gated community, ready for construction.

    Upland Ln, Carbondale, CO 81623
    View details
    Move-in Ready Office with Mountain Views
    $815,000
    2,136 SF

    Move-in Ready Office with Mountain Views

    Bright office space in Penrose Plaza, Glenwood Springs.

    2520 S Grand Ave, Glenwood Springs, CO 81601
    View details
    Glenwood Springs Office Condominium
    $525,000
    1,129 SF

    Glenwood Springs Office Condominium

    Light-filled office space with mountain views and storage unit.

    2520 S Grand Ave, Glenwood Springs, CO 81601
    View details
    Glenwood Springs Office Condo
    $675,000
    1,675 SF

    Glenwood Springs Office Condo

    Ground-level office condo with private entrance and parking.

    2520 S Grand Ave, Glenwood Springs, CO 81601
    View details
    Glenwood Springs Mixed-Use Investment Property
    $4,599,000
    13,850 SF

    Glenwood Springs Mixed-Use Investment Property

    16-unit mixed-use property in downtown Glenwood Springs, Colorado.

    725 Grand Ave, Glenwood Springs, CO 81601
    View details
    Carbondale Land in Gated Community
    $425,000
    0.54 Acres

    Carbondale Land in Gated Community

    Half-acre lot in a coveted Carbondale gated community.

    Fox Prowl Ln, Carbondale, CO 81623
    View details
    Residential Land in Gated Community
    $425,000
    0.54 Acres

    Residential Land in Gated Community

    Half-acre lot near Aspen/Snowmass, Roaring Fork River access.

    82 Fox Prowl Ln, Carbondale, CO 81623
    View details
    Glenwood Springs Hostel For Sale
    $1,690,000
    4,673 SF

    Glenwood Springs Hostel For Sale

    Long-time operating lodging facility with rental history and dual zoning.

    1021 Grand Ave, Glenwood Springs, CO 81601
    View details

    For Lease (7)

    View map
    Commercial Land in Glenwood Springs
    $29 SF/Yr

    Commercial Land in Glenwood Springs

    Commercial land available for rent in Glenwood Springs, Colorado.

    35 Market St, Glenwood Springs, CO 81601
    View details
    COMMERCIAL - Carbondale, CO
    $42 SF/Yr

    COMMERCIAL - Carbondale, CO

    Commercial kitchens

    1909 Dolores Way, Carbondale, CO 81623
    View details
    Glenwood Springs Retail Opportunity
    $29 SF/Yr

    Glenwood Springs Retail Opportunity

    Turnkey retail space in high-traffic Glenwood Springs location.

    35 Market St, Glenwood Springs, CO 81601
    View details
    Glenwood Springs Commercial Space Available
    $29 SF/Yr

    Glenwood Springs Commercial Space Available

    Versatile 1446 SF commercial space in Glenwood Meadows.

    40 Market St, Glenwood Springs, CO 81601
    View details
    Aspen Airport Business Center Space
    $85 SF/Yr

    Aspen Airport Business Center Space

    Commercial space in high-demand Aspen Airport Business Center location.

    109 Aspen Airport Business Ctr, Aspen, CO 81611
    View details
    Glenwood Meadows Commercial Space
    Contact for pricing

    Glenwood Meadows Commercial Space

    Versatile 1446 SF commercial space in Glenwood Meadows.

    40 Market St, Glenwood Springs, CO 81601
    View details
    Turnkey Salon Space Available
    Contact for pricing

    Turnkey Salon Space Available

    Salon/Day Spa space in Glenwood Springs' busiest location.

    35 Market St, Glenwood Springs, CO 81601
    View details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Compass Colorado LLC
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Compass Colorado LLC
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!