First Floor Commercial Office
114 Village Pl, Dillon, CO 80435
For Sale
$1,500,000
5,040 SF commercial suite with flexible subdivision options.
Property Size5,040 SF
Lot Size0.12 Acres
Days on Market350
Property Features for 114 Village Pl
General Information
Standard status
Size
Lot size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Ski Colorado Real Estate, LLC
Listed By:
Laura M Fisher
(970) 538-9949
Source:
Elliman
Added: Nov 28, 2025
Changed: Nov 1
Last Checked: Nov 12 at 9:09AM
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 Ski Colorado Real Estate, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,040 SF first-floor commercial suite offers flexibility and can be subdivided into smaller parcels at a negotiated price. The layout features 15 private offices, each equipped with windows, along with two conference rooms. There is a reception area, a kitchen and breakroom, guest and staff restrooms, and a dedicated IT and server room. The suite is fully ADA accessible and has been upgraded with a new Mitsubishi VRF heating and cooling system that includes air purification for year-round comfort.
Key Highlights
- Large 5,040 SF 1st‑floor commercial suite with flexible subdivision options.
- 15 private offices, each with windows.
- New Mitsubishi VRF heating and cooling system with air purification.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,823
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,696,460
$1.7M
Cap Rate 7%
$1,211,757
$1.2M
Cap Rate 9%
$942,478
$942.5K
Market Conditions
NOI Build-Up for 5,040 SF
Gross rent
$133.1K $26.40/SF
− Vacancy
−$20.0K −$3.96/SF
EGI
$113.1K $22.44/SF
− OpEx
−$28.3K −$5.61/SF
NOI
$84.8K $16.83/SF
Area
Summit County, CO
Vacancy
15.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,696,460
Cap Rate 7%
$1,211,757
Cap Rate 9%
$942,478
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,823 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M
NOI $119,218 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 80435, CO
8,344
Population
7,778
Households
1.1
Avg Household Size
36
Median Age
53%
College-Educated
97%
High-School Grad
104.0 sq mi
ZIP Area
80
Density / Sq Mi
$86,023
Median Household Income
$48,554
Median Earnings
$1,539
Median Rent
$882,100
Median Home Value
Market
Average Price Trend$/SF for Office Units in Summit County, CO
Properties on Market for Office Units in Summit County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - 5,040 SF commercial suite with flexible subdivision options.
Where is this office unit located?
The property is located at 114 Village Pl Dillon, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Large 5,040 SF 1st‑floor commercial suite with flexible subdivision options.; 15 private offices, each with windows.; New Mitsubishi VRF heating and cooling system with air purification.
