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    Airport-Adjacent Warehouse Suite with Upgrades Title is generated by Realmo AI

    151 Spring Creek Road, Gypsum, CO 81637

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    Claim this Listing
    New
    For Sale
    $650,000

    COMMERCIAL - Gypsum, CO

    Property size:
    2,040 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $318/SF
    Added:
    May 26, 2026
    Days on Market:
    1
    Last Refresh:
    May 26 at 7:06 pm

    Property Features for 151 Spring Creek Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    2111-102-49-001
    Size
    2,040 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    DESC: BUILDING 1 Subdivision: SPRING CREEK COMMERCIAL PARK Unit: 1A
    Tax Annual Amount
    7440

    Utilities

    Utilities
    Cable Available
    Heating system
    Electric (Heating)

    Building Details

    Year built
    2022
    Floors in Building
    1
    Building materials
    Steel Siding

    We can help!

    Listing Contact
    Paul Gotthelf
    Paul Gotthelf

    Listing agent Paul Gotthelf

    Listing office Slifer Smith & Frampton- 230 Bridge Street 230 Bridge Street, Avon, CO

    Listing date May 26, 2026

    MLS# 1014216

    Copyright © 2026 Vail Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location adjacent to Eagle County Airport and Vail Valley Jet Center.
    • Newly built in 2022 with custom upgrades, including a 3/4 bathroom and premium garage storage system.
    • 2,000+ sq. ft. of flexible space with a 1,500 sq. ft. main level and a new 540 sq. ft. mezzanine.
    • High ceilings (18‑21 ft) and a large motorized garage door (16' W x 14' H).
    • Move‑in ready with interior hose bib, floor drains, and stainless steel utility sink.
    • Additional exterior parking available.

    Overview

    Located adjacent to the Eagle County Airport and Vail Valley Jet Center in Gypsum, Colorado, Unit 1A at Spring Creek Commercial Park offers over 2,000 square feet of flexible commercial space suitable for business operations or recreational storage. Constructed in 2022, this property features a 1,500 sq. ft. main level (30' x 50') and a newly added 30' x 18' mezzanine. The unit includes 18-21 foot ceilings and a large motorized garage door (16' W x 14' H), along with additional exterior parking. The current owner has added a custom 3/4 bathroom and will include the premium main-level garage storage system. The suite also features an interior hose bib, floor drains, and stainless steel utility sink. The property is situated on a lot of 0.12 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Pharmacy Gym & Fitness Center Department Store Hotel & Motel Bar & Pub Kitchen & Bath Showroom HVAC Service Garden Center

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

    Similar Places Nearby

    • STOR-N-LOCK Self Storage — 415 Airpark Dr, Gypsum, CO 81637
    • Spring Creek Storage — 212 Spring Creek Rd, Gypsum, CO 81637
    • NECE Storage — 381 Spring Creek Cir, Gypsum, CO 81637
    • Alliance Record Services — 375 Spring Buck Rd, Gypsum, CO 81637
    • Allied Van Lines — 375 Spring Buck Rd #100, Gypsum, CO 81637

    Location Insight

    • Map
    • Local Demand
    City
    Gypsum
    County
    Eagle
    State
    Colorado
    Longitude
    -106.9188
    Latitude
    39.63589

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    FAQs

    What type of property is this?
    Warehouse - Premium, flexible commercial space near Eagle County Airport.
    Where is this warehouse located?
    The property is located at 151 Spring Creek Road Gypsum, CO.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Prime location adjacent to Eagle County Airport and Vail Valley Jet Center.; Newly built in 2022 with custom upgrades, including a 3/4 bathroom and premium garage storage system.; **2,000+ sq. ft. of flexible space** with a 1,500 sq. ft. main level and a new 540 sq. ft. mezzanine.
    (970) 476-2421
    We can help!
    Listing Contact
    Paul Gotthelf
    Paul Gotthelf
    Request Owner's contact information
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    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.

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