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    70 Benchmark Rd Avon, CO 81620

    For Sale
    $610,088

    High-demand Avon office, strong lease in place.

    Property size:
    1,855 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 1,855-square-foot office space, located at 70 Benchmark Road Unit 204 in Avon, Colorado, presents a compelling investment opportunity. Currently occupied by a reliable tenant under a lease with 4.5 years remaining, plus a five-year renewal option, this property offers significant long-term income potential. The tenant, formerly Monroe Newel Engineering, demonstrates a history of consistent occupancy. Situated on a 0.09-acre lot, the building itself is a mixed-use property, incorporating both commercial and residential units on the same floor. This unique characteristic provides flexibility for future use. While currently leased as office space, the property's zoning and building configuration allow for potential conversion to residential use, subject to the terms and conditions of the existing lease agreement. The asking price for this prime Avon location is $610,088. This presents a rare chance to acquire a stable, income-generating asset with significant upside potential in a highly desirable Colorado mountain town. The property's location in Avon offers easy access to local amenities, recreational activities, and major transportation routes. Investors seeking a secure, long-term investment with potential for future development should seriously consider this exceptional opportunity. Detailed financial information and lease terms are available upon request.

    Property Features for 70 Benchmark Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,855 SF
    Lot Size
    3,920 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Avon
    County
    Eagle
    State
    Colorado
    Longitude
    -106.5233
    Latitude
    39.63372

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    FAQs

    What type of property is this?
    Office Property / Space - High-demand Avon office, strong lease in place.
    Where is this office property / space located?
    The property is located at 70 Benchmark Rd Avon, CO.
    What is the asking price?
    The asking price for this property is $610,088.
    (970) 926-5748
    Request Owner's contact information
    70 Benchmark Rd Avon, CO 81620
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    Avon, CO 81620
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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
    70 Benchmark Rd Avon, CO 81620
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