Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    90 202 Avon, CO 81620

    Sponsored
    For Sale
    Contact for pricing

    Three-unit office suite, excellent lease in place.

    Property size:
    3,283 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    352
    This exceptional investment opportunity presents three contiguous office units, numbers 201, 202, and 203, located at 90 Benchmark Road in Avon, Colorado. The combined space totals 3,283 square feet, situated on a 0.07-acre lot. All three units are currently under a single lease agreement with Aspen Grove Capital, representing a stable and consistent income stream. The total listed price for the entire property is $1,170,000. The square footage is based on BOMA standards. This presents a unique chance to acquire a well-situated office complex in a desirable location. The property's current lease provides immediate cash flow and a strong foundation for future growth. The combined units offer significant flexibility for a variety of business uses, making it an attractive investment for both seasoned investors and those new to commercial real estate. The location in Avon, CO offers easy access to local amenities and a vibrant business community. This is a turnkey opportunity to acquire a profitable commercial property with a proven track record. The property's size and configuration make it ideal for a variety of uses, providing significant potential for long-term value appreciation. Serious inquiries are encouraged.

    Property Features for 90 202

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,283 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    2000

    We can help!

    Listing Contact
    Michael Walter

    Learn more

    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Avon
    County
    Eagle
    State
    Colorado
    Longitude
    -106.524
    Latitude
    39.63396

    Nearby Similar for Sale

    • New
      $1,900,000
      2,897 SF

      Avon Duplex with Mountain Views

      Cozy, updated duplex with views, sauna, and artistic touches.
      4747 Wildridge Rd, Avon, CO 81620
      View Details
    • New
      $2,560,000
      Pending

      Spacious Duplex in Eagle-Vail, CO

      4-bedroom duplex with mountain views, modern comfort, and smart home features.
      909 Eagle Drive Cir, Avon, CO 81620
      View Details
    • New
      $1,725,000
      1,857 SF

      Eagle-Vail Duplex with Golf Course View

      Charming duplex in Eagle-Vail with golf course and mountain views.
      358 Stone Creek Dr, Avon, CO 81620
      View Details
    • $2,200,000
      2,496 SF

      Eagle-Vail Duplex with Mountain Views

      Spacious 5-bedroom duplex with new exterior and mountain views.
      1200 Deer Blvd, Avon, CO 81620
      View Details
    • New
      Contact for pricing
      8,027 SF

      Turn-Key Ski Locker Business

      Ski locker and storage business in Avon, Colorado for sale.
      137 Benchmark Rd, Avon, CO 81620
      View Details
    • New
      $3,995,000
      6,438 SF

      Eagle-Vail Duplex with Mountain Views

      Stunning duplex in Eagle-Vail with income potential and westerly views.
      1201 Eagle Drive Cir, Avon, CO 81620
      View Details
    • $2,225,000
      2,970 SF

      Renovated Duplex Near Beaver Creek

      Renovated duplex near Vail and Beaver Creek with many amenities.
      1488 Deer Blvd, Avon, CO 81620
      View Details
    • New
      $1,499,000
      2,207 SF

      Charming Duplex with Mountain Views

      South-facing duplex in Wildridge with views and recent upgrades.
      4495 W Wildridge Rd, Avon, CO 81620
      View Details
    • $900,000
      Pending

      Versatile Mixed-Use Property in EagleVail

      Mixed-use property with residential and commercial spaces in EagleVail.
      249 Eagle Rd, Avon, CO 81620
      View Details
    • $3,500,000
      Pending

      Luxury Duplex in Eagle Vail

      Spacious 4-bedroom duplex with mountain views and modern amenities.
      101 Ptarmigan Ct, Avon, CO 81620
      View Details
    • $725,000
      429 SF

      Westin Riverfront Resort Studio Residence

      Remodeled studio at Westin Riverfront Resort with strong rental income.
      126 Riverfront Ln, Avon, CO 81620
      View Details
    • $725,000

      Renovated Top Floor Avon Residence

      Bright, renovated 2-bedroom condo with sunset views and convenient location.
      1061 W Beaver Creek Blvd, Avon, CO 81620
      View Details

    FAQs

    What type of property is this?
    Office Property Space - Three-unit office suite, excellent lease in place.
    Where is this office property space located?
    The property is located at 90 202 Avon, CO.
    What is the asking price?
    The asking price for this property is $1,170.
    (970) 926-5748
    Request Owner's contact information
    90 202 Avon, CO 81620
    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.
    90 202
    Avon, CO 81620
    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
    90 202 Avon, CO 81620
    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
    Michael Walter
    (970) 926-5748
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.