Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    725 E Main St, Unit ##307 Aspen, CO 81611

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $4,500 /Mo ($154 SF/Yr)

    Top-floor studio in Aspen with updated features and mountain views.

    Property size:
    350 SF
    Lot size:
    350 SF

    Property Features for 725 E Main St

    General Information

    Size
    350 SF

    Building Details

    Year built
    1970

    We can help!

    Listing Contact
    Karen Goluba
    Source: Kw

    Listing Agent: Karen Goluba

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Aspen Studio Apartment with Views

    This top-floor studio apartment is situated in a prime location, offering convenient access to surrounding amenities. The unit features an updated kitchen and bathroom, along with wood flooring. It includes a wardrobe closet and a large walk-in closet for storage. A wood-burning fireplace adds to the ambiance, and the apartment provides views of Aspen Mountain. The property includes one unassigned off-street parking spot. Additional amenities include a storage closet and a laundry room located on the lower level of the building. The apartment is available for a minimum one-year lease and has a size of 350 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Aspen
    County
    Pitkin
    State
    Colorado
    Longitude
    -106.8151124
    Latitude
    39.1896183

    Nearby Similar for Lease

    • $197 SF/Yr

      Aspen Retail Space For Lease

      Prime commercial core retail space in Aspen, Colorado.
      419 E Cooper Ave, Aspen, CO 81611
      View Details
    • $60 SF/Yr

      Aspen Airport Business Center Office

      Office space for lease in Aspen Airport Business Center.
      319 Aabc, Aspen, CO 81611
      View Details
    • $65 SF/Yr

      Aspen Office Space with Views

      Office space in US Bank Building with Aspen Mountain views.
      420 E Main St, Aspen, CO 81611
      View Details
    • New
      $85 SF/Yr

      Aspen Airport Business Center Space

      Commercial space in high-demand Aspen Airport Business Center location.
      109 Aspen Airport Business Ctr, Aspen, CO 81611
      View Details
    • $500 /Mo

      Aspen Parking Space For Rent

      Secure parking space for lease near Aspen's central core.
      601 Rio Grande Pl Unit Parking, Aspen, CO 81611
      View Details
    • $75,000

      Luxury Aspen Square Condominium Rental

      Spacious 4-bedroom condo with modern amenities near Aspen Mountain.
      617 E Cooper Ave, Aspen, CO 81611
      View Details
    • $75 SF/Yr

      Aspen Retail/Office Space Available

      Prime retail/office space with highway frontage and high visibility.
      113 Aspen Airport Business Ctr, Aspen, CO 81611
      View Details
    • $28,000
      1,150 SF

      Aspen Condo with Mountain Views

      Luxurious 3-bedroom condo in West Aspen, walk to downtown.
      124 W Hyman Ave, Aspen, CO 81611
      View Details
    • $13,500 /Mo

      Aspen Condo Near Downtown

      Condo near downtown Aspen, bike paths, and ski areas.
      814 W Bleeker St, Aspen, CO 81611
      View Details
    • $14,750 /Mo
      960 SF

      Remodeled Ski Condo with Views

      Remodeled corner unit with Aspen Mountain views and great amenities.
      1039 E Cooper Ave, Aspen, CO 81611
      View Details
    • $35,000

      Luxury Rental with River View

      Premium rental featuring top finishes, river views, and community pool.
      1039 E Cooper Ave, Aspen, CO 81611
      View Details
    • $42,000

      Aspen Ranch Rental Opportunity

      160-acre ranch near Aspen with luxury homes.
      47200 Highway 82, Aspen, CO 81611
      View Details

    FAQs

    What type of property is this?
    Apartment building - Top-floor studio in Aspen with updated features and mountain views.
    Where is this apartment building located?
    The property is located at 725 E Main St, Unit ##307 Aspen, CO.
    What is the lease rate?
    The lease rate is $154 SF/Yr.
    What are key features of this property?
    This property features: - Prime Core location: Walkable to everything.; - Updated kitchen, bathroom, and wood flooring.; - Fully furnished with new items (bed, linens, art, kitchen supplies).
    (970) 925-6060
    Request Owner's contact information
    725 E Main St, Unit ##307 Aspen, CO 81611
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    725 E Main St, Unit ##307
    Aspen, CO 81611
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    725 E Main St, Unit ##307 Aspen, CO 81611
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Karen Goluba
    (970) 925-6060
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.