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    114 Vlg Pl Dillon, CO 80435

    For Sale
    $780,000

    Prime Dillon, CO Commercial Space

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This 780,000 USD commercial condominium, located at 114 Village Place Unit 301 in Dillon, Colorado, presents a unique investment opportunity. Situated in the Town Core zoning district, this property offers convenient access via elevator from the town's parking lot. The unit has been owner-occupied since 2001 by a law firm, showcasing its suitability for professional use. The interior boasts an executive office design with high-end finishes, strategically incorporating the stunning views of Lake Dillon and the Ten Mile Mountain Range. Large windows replace drywall in many areas, maximizing natural light and the breathtaking panorama. The flexible layout includes separate offices and a conference room, ideal for a variety of professional settings. This commercial condominium is easily adaptable for either leasing or owner-occupancy, providing significant versatility. Furthermore, the property qualifies for a 1031 exchange, making it an attractive option for investors seeking tax-deferred exchanges. Financing options for owner-occupied scenarios are available. This is a rare opportunity to acquire a well-established, high-quality commercial space in a desirable location. The property's prime location and sophisticated design make it an exceptional investment. The building is a commercial condominium, offering the benefits of ownership with the convenience of a managed building.

    Property Features for 114 Vlg Pl

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1972
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dillon
    County
    Summit
    State
    Colorado
    Longitude
    -106.0461
    Latitude
    39.62798

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Dillon, CO Commercial Space
    Where is this commercial real estate located?
    The property is located at 114 Vlg Pl Dillon, CO.
    What is the asking price?
    The asking price for this property is $780,000.
    (970) 468-1210
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    114 Vlg Pl Dillon, CO 80435
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    Realmo Value Estimation

    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.

    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.

    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
    114 Vlg Pl Dillon, CO 80435
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