Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Silverthorne Title is generated by Realmo AI

    21 W 5th St, Silverthorne, CO

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Ground-floor retail space supported by hotel and workforce housing.

    Type:RETAIL
    Property size:
    782 SF
    Lot size:
    0.23 Acres
    Added:
    Jan 7, 2025
    Days on Market:
    512
    Last Refresh:
    May 20 at 9:00 pm

    Property Features for 21 W 5th St

    General Information

    Standard status
    Active
    Size
    782 SF
    Lot size
    0.23 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 21 W 5th St Contact us

    We can help!

    Listing Contact
    Colin Clancy
    Colin Clancy

    Listing agent Colin Clancy

    Listing office Broad Street Realty, LLC

    Listing date Jan 7, 2025

    Source Moodyscre

    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 Broad Street Realty, LLC

    HighLights

    • 72 condominium units in Class A buildings.
    • Features 10,500 sq. ft. of ground‑floor retail space.
    • 111‑room hotel to support travelers accessing ski resorts.
    • Includes a 47‑unit workforce housing community.
    • Proximity to the Fourth Street Crossing transit hub.
    • 197‑stall parking structure with a 65‑foot outdoor climbing wall.

    Overview

    This property features 782 square feet of retail space situated within a development that includes 72 condominium units housed in four 3-story Class A buildings, offering 10,500 square feet of ground-floor retail space. The location is further supported by a 111-room hotel, catering to travelers accessing up to seven major ski resorts from Silverthorne’s new town core. Additionally, a 47-unit workforce housing community addresses the Summit County workforce housing needs and is located near the Fourth Street Crossing transit hub. A 197-stall parking structure is also part of the development, featuring a 65-foot professionally managed outdoor climbing wall.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Nail Salon Furniture & Home Goods Shopping Center & Mall Daycare Center Acupuncture Pet Grooming Service Department Store Mobile Phone Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Silverthorne
    County
    Summit
    State
    Colorado
    Longitude
    -106.078
    Latitude
    39.6326

    Nearby Similar for Lease

    • $30 SF/Yr
      1,424 SF

      Retail Space in Silverthorne

      Retail space with eye doctor buildout near ski resorts.
      358 Blue River Pkwy, Silverthorne, CO
      View Details
    • $36 SF/Yr
      590 SF

      Retail Condos in Silverthorne Development

      Retail condos in new mixed-use Silverthorne development, value-add opportunity.
      37 W St, Silverthorne, CO
      View Details
    • Contact for pricing
      1,424 SF

      Retail/Medical Space in Silverthorne

      Retail or medical space with ample parking and high visibility.
      354 Blue River Pkwy, Silverthorne, CO
      View Details
    • Contact for pricing

      Silverthorne Retail/Office Space Available

      First floor commercial space available for rent in Silverthorne.
      365 Warren Avenue, Silverthorne, CO 80498
      View Details
    • Contact for pricing
      803 SF

      Retail Space in Silverthorne

      Ground-floor retail space supported by hotel, housing, and parking.
      47 W 5th St, Silverthorne, CO
      View Details
    • Contact for pricing
      1,275 SF

      Retail Space in Silverthorne

      Ground-floor retail space supported by hotel, housing, and parking.
      465 Blue River Pkwy, Silverthorne, CO
      View Details
    • Contact for pricing
      1,738 SF

      Retail Space in Silverthorne

      Ground-floor retail space supported by hotel, housing, and parking.
      470 Adams Ave, Silverthorne, CO
      View Details
    • Contact for pricing
      1,172 SF

      Retail Space in Silverthorne Core

      Ground-floor retail space supported by hotel, housing, and parking.
      440 Adams Ave, Silverthorne, CO
      View Details
    • Contact for pricing
      807 SF

      Furnished Offices in Silverthorne

      New construction office spaces with diverse tenant mix and amenities.
      311 Blue River Pkwy, Silverthorne, CO
      View Details

    FAQs

    What type of property is this?
    Retail space - Ground-floor retail space supported by hotel and workforce housing.
    Where is this retail space located?
    The property is located at 21 W 5th St Silverthorne, CO.
    What are key features of this property?
    This property features: 72 condominium units in Class A buildings.; Features 10,500 sq. ft. of ground‑floor retail space.; 111‑room hotel to support travelers accessing ski resorts.
    (720) 352-5334 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Colin Clancy
    Colin Clancy
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    21 W 5th St, Silverthorne, CO
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!