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    90 Benchmark Road unit 201 202 203 Avon, CO 81620

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    For Sale
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    COMMERCIAL - Avon, CO

    Type:Office
    Property size:
    4,004 SF
    Lot size:
    0.07 Acres
    Added:
    Jan 26, 2026
    Days on Market:
    66
    Last Refresh:
    Apr 2 at 1:06 am

    Property Features for 90 Benchmark Road unit 201 202 203

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Zoning
    Commercial
    Parking features
    Underground/Basement
    Standard status
    Active
    APN
    2105-122-15-051
    Size
    4,004 SF
    Lot size
    0.07 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    DESC: LOT 2, PHASE II (AKA PHASE III) Subdivision: AVON TOWN SQUARE COMM CONDOS Unit: 201 R729725 MAP 05-12-00 R729726 D
    TaxAnnualAmount
    15582

    Building Details

    Year built
    2000
    Floors in Building
    3
    Building materials
    Frame, Concrete

    We can help!

    Listing Contact
    Ryan Richards

    Listing agent Ryan Richards

    Listing office Keller Williams Mtn Properties- Edwards 56 Edwards Village Blvd Ste113, Edwards, CO

    Listing date Jan 26, 2026

    MLS# 1013390

    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.

    Overview

    Versatile Commercial Space in Avon

    Located at 90 Benchmark Road in Avon, Colorado, this commercial space offers 4,004 square feet of contiguous, versatile area suitable for office, retail, or professional services. The property is situated in the heart of Avon's commercial district, providing a prominent address with excellent accessibility. Its location allows convenient access to the Westin Riverfront Express Gondola for Beaver Creek Ski Resort, the Avon Transportation Center, Nottingham Lake, and various restaurants in the Town of Avon. The suite features an open and flexible layout, complemented by large windows that provide abundant natural light and mountain views. Ample on-site parking is available for both tenants and visitors. The property also offers easy access to I-70, Vail, Beaver Creek, and surrounding resort areas. The 0.07-acre lot provides additional space. This property presents a sizable and adaptable commercial space in a desirable location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Avon
    County
    Eagle
    State
    Colorado
    Longitude
    -106.497
    Latitude
    39.5815

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    FAQs

    What type of property is this?
    Office units - 4,004 SF commercial space in Avon, near Beaver Creek.
    Where is this office units located?
    The property is located at 90 Benchmark Road unit 201 202 203 Avon, CO.
    What are key features of this property?
    This property features: Prime location in the heart of Avon's commercial district with unparalleled access to world‑class recreation and amenities.; Walkable access to the Westin Riverfront Express Gondola for Beaver Creek Ski Resort.; Expansive 4,004 square feet of contiguous, versatile space suitable for office, retail, or professional services.
    (970) 401-0720
    We can help!
    Listing Contact
    Ryan Richards
    Learn More
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    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
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