Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    404 Brooks Ln Eagle, CO 81631

    View on Map
    Sponsored
    For Sale
    $4,995,000

    COMMERCIAL - Eagle, CO

    Lot size:
    5.51 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 6 at 9:06 pm

    Property Features for 404 Brooks Ln

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    1939-324-18-002
    Lot size
    5.51 Acres

    Utilities

    Utilities
    Water Available
    Heating system
    Natural Gas

    Building Details

    Year built
    1980
    Building materials
    Frame

    We can help!

    Listing Contact
    Andrew M Gould

    Mountain Partners Real Estate LLC (970) 476-1600

    Listing agent Andrew M Gould (970) 476-1600

    Listing date Mar 6, 2026

    MLS# 1013672

    Copyright © 2026 Vail Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Eagle, CO Development Opportunity

    This property features a large lot with potential for development or continued use as a rental property. The site currently includes 9 trailer lots and several storage leases, providing an existing income stream. Engineering studies have been completed and are available, indicating the potential for constructing 44 condos or townhomes. The property is zoned for residential use and has a lot size of 5.51 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Eagle
    County
    Eagle
    State
    Colorado
    Longitude
    -106.832325
    Latitude
    39.65384

    Nearby Similar for Sale

    • New
      $840,000
      4,929 SF

      Versatile Eagle, CO Commercial Space

      Adaptable 4,929 SF commercial property in growing Eagle, Colorado.
      936 Chambers Ave, Eagle, CO 81631
      View Details
    • $1,100,000
      4,500 SF

      Eagle Commercial Unit Near I70

      Industrial unit in Eagle with offices, kitchens, and garage doors.
      936 Chambers Ct, Eagle, CO 81631
      View Details
    • New
      $1,450,000
      4,749 SF

      Versatile Commercial Property in Eagle

      Premium commercial property with three distinct units and investment potential.
      11 Eagle Park Dr E, Eagle, CO 81631
      View Details
    • New
      $2,550,000
      5,919 SF

      Mixed-Use Building in Downtown Eagle

      Two-story mixed-use building with commercial and residential units.
      105 8, Eagle, CO 81631
      View Details
    • New
      $4,995,000
      Pending

      Eagle, CO Development Opportunity

      Large lot with development potential and existing income streams.
      404 Brooks Ln, Eagle, CO 81631
      View Details
    • $999,999
      3,060 SF

      Eagle, CO Duplex with Solarium

      Spacious duplex in Eagle, CO with energy-efficient features.
      717 Bull Run, Eagle, CO 81631
      View Details
    • $6,990,000

      Eagle Crossing Shopping Center Units

      Commercial units for sale in Eagle Crossing Shopping Center.
      50 Chambers Ave, Eagle, CO 81631
      View Details
    • $2,385,000

      Eagle Ranch Prime Location Building

      Prime Eagle Ranch building with retail and office space.
      1160 Capitol St, Eagle, CO 81631
      View Details
    • Contact for pricing
      2,187 SF

      Downtown Eagle Retail Opportunity

      Retail property for sale in downtown Eagle, Colorado.
      228 Broadway St, Eagle, CO
      View Details
    • $750,000

      Eagle Commercial Space For Sale

      Commercial space in Eagle's Industrial/Commercial zone with EDU permit.
      245 Marmot Ln, Eagle, CO 81631
      View Details
    • $195,000
      895 SF

      Downtown Eagle Office Space

      Unfinished office space with balcony in downtown Eagle.
      241 Broadway, Eagle, CO 81631
      View Details
    • $995,000
      4,500 SF

      Eagle Commercial/Industrial Unit For Sale

      Commercial/industrial unit in Eagle, near I70, suitable for various businesses.
      936 Chambers Ct #A5, Eagle, CO 81631
      View Details

    FAQs

    What type of property is this?
    Mobile home & RV park - Large lot with development potential or rental income.
    Where is this mobile home & rv park located?
    The property is located at 404 Brooks Ln Eagle, CO.
    What is the asking price?
    The asking price for this property is $4,995,000.
    What are key features of this property?
    This property features: - Large lot with great development potential.; - Potential for **44 condos or townhomes** (engineering completed and available).; - Income generation from 9 trailer lots.
    (970) 476-1600
    Request Owner's contact information
    404 Brooks Ln Eagle, CO 81631
    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.
    404 Brooks Ln
    Eagle, CO 81631
    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
    404 Brooks Ln Eagle, CO 81631
    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

    We can help!
    Listing Contact
    Andrew M Gould
    (970) 476-1600 (970) 926-6097 (970) 328-2482
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!