Ground-Floor Mixed-Use
For Lease
$35 SF/Yr CAM $10 /USD/SF/YR
5 Tree Farm Drive, Basalt, CO 81621
Commercial Lease, Basalt, CO
Space Size2,002 SF
Days on Market180
Property Features for 5 Tree Farm Drive
General Information
Property type
Commercial Lease
Property subtype
Other
Property condition
Under Construction
Zoning
Commercial
Subdivision
Tree Farm
Directions
Turn in to the treefarm, take a right and go past the Hoffman Hotel and the Kodiak club. Building is straight in front on the lake side.
Standard status
Active
APN
246502217016
Taxes and HOA fees
Tax Year
2025
Tax Description
Subdivision: TREE FARM PUD (THE) Lot: E-2 PHASE 2
Legal Description
Subdivision: TREE FARM PUD (THE) Lot: E-2 PHASE 2
Utilities
Water source
Public
Amenities
lake front
rough-in plumbing
electrical stubs
mechanical stubs
on-site parking
shared community parking
Highway 82 frontage
direct pedestrian and vehicle access
RFTA Express Bus Stop
pedestrian underpass
Building Details
Building materials
Concrete, Block
Roof type
Membrane
Listing Agency:
Compass Aspen
(970) 925-6063
Listed By:
Mike Mercatoris · License #FA100074443
(970) 618-7092
Added: Apr 11
Changed: Sep 12
Last Checked: Oct 7 at 11:06AM
MLS# 192381
Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,002 SF ground-floor commercial space at Tree Farm Lofts is offered in shell condition, allowing a tenant to complete the interior buildout. Rough-in plumbing, electrical, and mechanical stubs are in place. Commercial zoning supports retail, office, medical, fitness, wellness, and professional service uses. The space is lake front and includes access to on-site and shared community parking.
The property fronts Highway 82 with direct pedestrian and vehicle access. Tree Farm Lofts includes 196 residential units and a 122-room Hilton Tapestry Collection Hotel, while the Kodiak Club and Residences is a nearby luxury condominium development with a private social and dining club scheduled to deliver units in 2026. Willits Town Center is directly across Highway 82 and includes Whole Foods, Element Hotel, and The Steadman Clinic. An RFTA Express Bus Stop is steps away, with a pedestrian underpass connecting to the town center.
The property fronts Highway 82 with direct pedestrian and vehicle access. Tree Farm Lofts includes 196 residential units and a 122-room Hilton Tapestry Collection Hotel, while the Kodiak Club and Residences is a nearby luxury condominium development with a private social and dining club scheduled to deliver units in 2026. Willits Town Center is directly across Highway 82 and includes Whole Foods, Element Hotel, and The Steadman Clinic. An RFTA Express Bus Stop is steps away, with a pedestrian underpass connecting to the town center.
Key Highlights
- 2,002 SF ground‑floor commercial space in shell condition
- Rough‑in plumbing, electrical, and mechanical stubs support tenant buildout
- Commercial zoning allows retail, office, medical, fitness, wellness, and professional services
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
474
Businesses Nearby
72k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 67%
Dining 11%
Shops & Services 9%
Leisure 9%
City Market
Groceries
24,214 visits/mo
0.4 miles
Whole Foods Market
Groceries
23,645 visits/mo
0.2 miles
Starbucks
Dining
8,047 visits/mo
0.1 miles
Conoco
Shops & Services
6,814 visits/mo
0.2 miles
Bow Tie Cinemas Movieland 7
Leisure
6,420 visits/mo
0.5 miles
Demographics for 81621, CO
6,034
Population
3,145
Households
1.9
Avg Household Size
41
Median Age
59%
College-Educated
96%
High-School Grad
258.7 sq mi
ZIP Area
23
Density / Sq Mi
$103,721
Median Household Income
$58,008
Median Earnings
$2,220
Median Rent
$1,138,500
Median Home Value
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Shell-condition space supports retail, office, medical, fitness, wellness, and professional service uses.
Where is this mixed-use property located?
The property is located at 5 Tree Farm Drive Basalt, CO.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 2,002 SF ground‑floor commercial space in shell condition; Rough‑in plumbing, electrical, and mechanical stubs support tenant buildout; Commercial zoning allows retail, office, medical, fitness, wellness, and professional services
