Building Details

Floors in Building 2

Listing Agency: Berkshire Hathaway - Edwards · Berkshire Hathaway HomeServices s***@bhhsvail.net Show Phone

Listed By: Chad Brasington · License #COFA40012306 Show Phone

Added: Apr 8 Changed: Oct 13 Last Checked: Oct 14 at 8:06AM

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MLS# 1013883

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.

Investment Insights

Based on property information with market context.

This 2,197-square-foot flex property spans two levels, with approximately 1,400 square feet on the main floor and 800 square feet upstairs. The entry and reception area was gutted after a leak and remains unfinished. A new gas meter and boiler are in place. The property includes one garage bay and two parking spaces directly in front, with overflow parking at the east end of the property.

The space occupies a corner position in the front building and is zoned light industrial.

Key Highlights

• 2,197 SF across two levels: approximately 1,400 SF on the main floor and 800 SF upstairs
• Light‑industrial zoning
• One garage bay and two parking spaces directly in front; overflow parking at the east end

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$23,777

Cap Rate

4.53%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$475,540 $475.5K

Cap Rate 7%

$339,671 $339.7K

Cap Rate 9%

$264,189 $264.2K

Market Conditions

NOI Build-Up for 2,197 SF

Gross rent

$39.5K $18.00/SF

− Vacancy

−$3.0K −$1.35/SF

EGI

$36.6K $16.65/SF

− OpEx

−$12.8K −$5.83/SF

NOI

$23.8K $10.82/SF

Area

Eagle County, CO

Vacancy

7.50%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$475,540

Cap Rate 7%

$339,671

Cap Rate 9%

$264,189

Alternative Uses

Best Use

Flex RnD

$339.7K

$297.2K – $396.3K (±1% cap)

NOI $23,777 @ 7.0% cap · market cap 4.53%

Second Best

Industrial

$194.1K

$169.9K – $226.5K (±1% cap)

NOI $13,588 @ 7.0% cap · market cap 2.59%

Theoretical Best

Office A

$602.6K

$527.3K – $703.0K (±1% cap)

NOI $42,182 @ 7.0% cap · market cap 8.03%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Lease Details

1

Drive-in doors

Location Intelligence

Trade Area within ½ mile

195

Businesses Nearby

Explore this area Business Placement

Demographics for 81631, CO

9,017

Population

3,137

Households

2.9

Avg Household Size

39

Median Age

52%

College-Educated

93%

High-School Grad

220.4 sq mi

ZIP Area

41

Density / Sq Mi

$104,430

Median Household Income

$54,994

Median Earnings

$1,685

Median Rent

$717,600

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Light-industrial zoning and a two-level configuration define this Eagle flex property.

Where is this flex space located?

The property is located at 210 Marmot Lane Eagle, CO.

What is the asking price?

The asking price for this property is $525,000.

What are key features of this property?

This property features: 2,197 SF across two levels: approximately 1,400 SF on the main floor and 800 SF upstairs; Light‑industrial zoning; One garage bay and two parking spaces directly in front; overflow parking at the east end