Commercial Garage
108-770 Lindbergh Dr Gypsum, CO
108-770 Lindbergh Dr, Gypsum, CO, 00000
$420,000
For Sale
$420,000
Versatile garage/warehouse with a 14' overhead door and 18' ceiling height, plus heat and 220V power.
Property Size1,439 SF
Price / SF$291.87
Days on Market119
Property Features for 108-770 Lindbergh Dr
General Information
- Standard status
- Active
- Size
- 1,439 SF
Listing Agency
LIV Sotheby's Int. Realty- Vail Bridge Street
(303) 918-1644
Listed by
Corey Lamothe · License #FA40040135
(303) 918-1644
Source
Exprealty
Added: Mar 25 Updated: Jul 20 at 4:41 pm Checked: Jul 20 at 4:41 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LIV Sotheby's Int. Realty- Vail Bridge Street
Investment Insights
Based on property information with market context.
This versatile commercial garage/warehouse offers a functional blank-slate interior and a 14' overhead door designed to accommodate motor coaches, RVs, large vehicles, or equipment. Inside, the space features an 18' ceiling height that can support storage, lifts, or workspace configurations.
The building is equipped with 220V power and heat, making it suitable for year-round use. The interior is ready to be customized to fit the next tenant’s or buyer’s operational needs.
With its combination of tall clearance, vehicle-sized access, and basic building utilities, the space is positioned for users who need straightforward loading and flexible interior planning.
The building is equipped with 220V power and heat, making it suitable for year-round use. The interior is ready to be customized to fit the next tenant’s or buyer’s operational needs.
With its combination of tall clearance, vehicle-sized access, and basic building utilities, the space is positioned for users who need straightforward loading and flexible interior planning.
Key Highlights
- Commercial garage/warehouse with a 14' overhead door for motor coaches, RVs, large vehicles, or equipment
- 18' ceiling height provides vertical clearance for storage, lifts, or workspace setups
- Equipped with 220V power and heat for year‑round use
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.9k | $18.00 |
| − Vacancy | −$1.9k | −$1.35 |
| EGI | $24.0k | $16.65 |
| − OpEx | −$8.4k | −$5.83 |
| NOI | $15.6k | $10.82 |
1,439 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$222.5K
$194.7K – $259.6K
NOI $15,574 @ 7.0% cap · market cap 3.71%
Second Best
Warehouse
$154.4K
$135.1K – $180.1K
NOI $10,807 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$394.7K
$345.4K – $460.5K
NOI $27,629 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Mountain Pine Grazing Board Company — 197 Park St, Gypsum, CO 81637
- The Catered Event — 197 Park St, Gypsum, CO 81637
FAQs
What type of property is this?
Flex space - Versatile garage/warehouse with a 14' overhead door and 18' ceiling height, plus heat and 220V power.
Where is this flex space located?
The property is located at 108-770 Lindbergh Dr Gypsum, CO.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Commercial garage/warehouse with a 14' overhead door for motor coaches, RVs, large vehicles, or equipment; 18' ceiling height provides vertical clearance for storage, lifts, or workspace setups; Equipped with 220V power and heat for year‑round use
