Medical Office with Lock-Off
For Sale
$1,099,000
113 E Fourth Street, Eagle, CO 81631
Two-level professional space includes treatment rooms, a surgical room, and a separate lower-level entrance.
Property Size2,828 SF
Price / SF$388.61
Days on Market13
Property Features for 113 E Fourth Street
General Information
Standard status
Active
Size
2,828 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$8,046
Amenities
private outdoor area
built-in cabinetry
high-end lighting
ample storage
kitchen
laundry
Asphalt Roof
Forced Air Heating
Natural Gas Heating
Building Details
Year Built
1972
Buildings
1
Stories
2
Listing Agency:
COLDWELL BANKER DISTINCTIVE PROPERTIES
(970) 476-2113
Listed By:
SCHLOSSER & SANCHEZ GROUP
Source:
Corcoran
Added: Sep 25
Changed: Oct 3
Last Checked: Oct 5 at 7:09PM
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 COLDWELL BANKER DISTINCTIVE PROPERTIES
Investment Insights
Based on property information with market context.
This 2,828-square-foot medical office property spans two levels and was built in 1972. The upper floor includes a reception area, three exam rooms, a treatment room, a surgical room, and a bathroom. The lower level has an open room, private offices, a kitchen, full bathroom with shower, and laundry, with a separate entrance that supports independent access. The building also features multiple entry points, built-in cabinetry, storage, and 400-amp, 120/240V electrical service.
At 113 E Fourth Street in downtown Eagle, the property is walkable to restaurants, coffee shops, schools, parks, and public transit. Regional access is available via I-70 and Highway 6. Parking is available in front of the building, with additional street parking nearby.
At 113 E Fourth Street in downtown Eagle, the property is walkable to restaurants, coffee shops, schools, parks, and public transit. Regional access is available via I-70 and Highway 6. Parking is available in front of the building, with additional street parking nearby.
Key Highlights
- 2,828 square feet across two levels
- Upper floor has three exam rooms, a treatment room, and a surgical room
- Lower level includes private offices, a kitchen, full bathroom with shower, and laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,980
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$799,600
$799.6K
Cap Rate 7%
$571,143
$571.1K
Cap Rate 9%
$444,222
$444.2K
Market Conditions
NOI Build-Up for 2,828 SF
Gross rent
$71.3K $25.20/SF
− Vacancy
−$4.6K −$1.64/SF
EGI
$66.6K $23.56/SF
− OpEx
−$26.7K −$9.42/SF
NOI
$40.0K $14.14/SF
Area
Eagle County, CO
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$799,600
Cap Rate 7%
$571,143
Cap Rate 9%
$444,222
Alternative Uses
Best Use
Healthcare Medical
$571.1K
$499.8K – $666.3K
NOI $39,980 @ 7.0% cap · market cap 3.64%
Second Best
Office B
$567.2K
$496.3K – $661.8K
NOI $39,705 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$775.7K
$678.7K – $905.0K
NOI $54,298 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 81631, CO
9,017
Population
3,137
Households
2.9
Avg Household Size
39
Median Age
52%
College-Educated
93%
High-School Grad
220.4 sq mi
ZIP Area
41
Density / Sq Mi
$104,430
Median Household Income
$54,994
Median Earnings
$1,685
Median Rent
$717,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-level professional space includes treatment rooms, a surgical room, and a separate lower-level entrance.
Where is this medical office space located?
The property is located at 113 E Fourth Street Eagle, CO.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 2,828 square feet across two levels; Upper floor has three exam rooms, a treatment room, and a surgical room; Lower level includes private offices, a kitchen, full bathroom with shower, and laundry
