Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Airpark with Runways and FBO Title is generated by Realmo AI

    245 Airpark, Gypsum, CO

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    226-acre airpark featuring paved, turf runways, and FBO.

    Type:LAND
    Lot size:
    226.00 Acres
    Added:
    Apr 28, 2023
    Days on Market:
    1136
    Last Refresh:
    May 20 at 9:04 pm

    Property Features for 245 Airpark

    General Information

    Standard status
    Active
    Lot size
    226.00 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Rick Robinson
    Rick Robinson

    Listing agent Rick Robinson

    Listing office SPACE Commercial R.E.

    Listing date Apr 28, 2023

    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 SPACE Commercial R.E.

    HighLights

    • 226+/- acre property featuring two runways: a 42' x 4200' paved and lighted runway and a 75' x 2600' turf runway.
    • Includes a Fixed Base Operation (FBO) with a 6000 SF insulated main hangar and an adjoining 4000 SF shop space.
    • Landmark 3‑story observation tower attached to the hangar, complete with office spaces, briefing room, public restrooms, and HVAC.
    • Rotating beacon mounted on the roof of the observation tower.
    • Paved and lighted 42' x 4200' runway.
    • Benefit from significant hangar and shop space, totaling approximately 10,000 SF.

    Overview

    This property encompasses 226 acres and features aviation infrastructure. It includes a 42-foot by 4200-foot paved and lighted runway, designated 15/33, along with a 75-foot by 2600-foot turf runway, designated 9/27. The property also includes a Fixed Base Operation (FBO), which incorporates a main hangar of approximately 6000 square feet with insulation. Adjoining the main hangar is approximately 4,000 square feet of shop space. Attached to the hangar is a landmark three-story observation tower. The tower includes office spaces, a briefing room, and public restrooms, and is equipped with HVAC. A rotating beacon is mounted on the roof of the tower.
    Location Intelligence

    Current Use by Public Records

    Aviation real estate

    Suggested Use

    Real Estate Agency Restaurant Pharmacy Gym & Fitness Center Department Store Bar & Pub Hotel & Motel Kitchen & Bath Showroom Restaurant (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gypsum
    County
    Eagle
    State
    Colorado
    Longitude
    -106.908
    Latitude
    39.6356

    Nearby Similar for Sale

    • $650,000
      2,040 SF

      Airport-Adjacent Warehouse Suite with Upgrades

      Premium, flexible commercial space near Eagle County Airport.
      151 Spring Creek Road, Gypsum, CO 81637
      View Details
    • $1,195,000
      3,245 SF

      Duplex in Gypsum with Views

      End unit duplex with mountain views and golf course proximity.
      82 Lynx Circle, Gypsum, CO 81637
      View Details
    • $649,000
      1,500 SF

      Climate-Controlled Garage Near Airport

      1,500 SF climate-controlled garage space near Eagle County Airport.
      525 Plane Street, Gypsum, CO 81637
      View Details
    • $549,000
      1,211 SF

      Gypsum Duplex with Expansion Potential

      Two-bedroom duplex in Gypsum with parking and expansion possibilities.
      300 First Street, Gypsum, CO 81637
      View Details
    • $1,100,000
      2,168 SF

      Industrial Warehouse Near Eagle Airport

      High-end industrial warehouse with unique features near Eagle County Airport.
      66 Gilder Way 3F, Gypsum, CO 81637
      View Details
    • $1,100,000
      2,168 SF

      Industrial Warehouse Near Eagle Airport

      High-end industrial warehouse with RV dump near Eagle County Airport.
      66 Gilder Way 3E, Gypsum, CO 81637
      View Details
    • $485,000
      1,016 SF

      Premium Storage Suite in Gypsum

      High-end storage or small business space near Eagle County Airport.
      66 Gilder Way, Gypsum, CO 81637
      View Details
    • $319,000
      869 SF

      Heated Warehouse Space Near Airport

      Versatile warehouse space near Eagle County Airport, ideal for storage.
      106 Airpark Drive, Gypsum, CO 81637
      View Details
    • $92,000
      253 SF

      Secure Garage Storage Units

      Garage-style vehicle storage with electronic keypad access and power, positioned for convenient airport access.
      55 Spring Creek, Gypsum, CO 81637
      View Details
    • $420,000
      1,439 SF

      Commercial Garage Space For Sale

      Versatile commercial garage space with high ceilings and large door.
      770 Lindbergh Drive #108, Gypsum, CO 81637
      View Details
    • $649,000
      1,500 SF

      Luxury Garage Condo Near Airport

      1500 SF luxury garage condo near Eagle Airport.
      525 Plane #A3, Gypsum, CO 81637
      View Details
    • $650,000
      2,040 SF

      Airport-Adjacent Warehouse Suite with Upgrades

      Premium, flexible warehouse space near Eagle County Airport.
      151 Spring Creek Road #1A, Gypsum, CO 81637
      View Details

    FAQs

    What type of property is this?
    Aviation real estate - 226-acre airpark featuring paved, turf runways, and FBO.
    Where is this aviation real estate located?
    The property is located at 245 Airpark Gypsum, CO.
    What is the asking price?
    The asking price for this property is $4,100,000.
    What are key features of this property?
    This property features: 226+/- acre property featuring two runways: a **42' x 4200' paved and lighted runway** and a 75' x 2600' turf runway.; Includes a Fixed Base Operation (FBO) with a **6000 SF insulated main hangar** and an adjoining 4000 SF shop space.; Landmark 3‑story observation tower attached to the hangar, complete with office spaces, briefing room, public restrooms, and HVAC.
    (303) 931-4500 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Rick Robinson
    Rick Robinson
    Learn More
    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
    245 Airpark, Gypsum, 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!