Flex Warehouse
For Sale
$525,000
Pending
210 Marmot Lane A4, Eagle, CO 81631
For sale flex/warehouse unit located in Eagle County.
Property Size2,197 SF
Days on Market151
Property Features for 210 Marmot Lane A4
General Information
Standard status
Pending
Size
2,197 SF
Total Parking Spaces
2
Zoning
light industrial
Taxes and HOA fees
Annual Taxes
$5,222
Amenities
See Remarks
Other
Building Details
Building Size
2,197 SF
Stories
2
Listing Agency:
BERKSHIRE HATHAWAY - EDWARDS
Listed By:
Chad Brasington · License #COFA40012306
(970) 390-7200
Source:
Evrealestate
Added: Apr 8
Changed: Aug 27
Last Checked: Sep 4 at 2:16AM
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 BERKSHIRE HATHAWAY - EDWARDS
Investment Insights
Based on property information with market context.
The property is a flex warehouse unit offered for sale. It is identified as unit A4 and represents a compact commercial space within the warehouse/flex category.
The asset is located in Eagle County, Colorado, with an address at 210 Marmot Lane.
Given its flex/warehouse designation, the space is suited for light warehouse and flexible use cases, subject to applicable terms and regulations.
The asset is located in Eagle County, Colorado, with an address at 210 Marmot Lane.
Given its flex/warehouse designation, the space is suited for light warehouse and flexible use cases, subject to applicable terms and regulations.
Key Highlights
- Flex/warehouse unit for sale in Eagle County.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,777
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $23,777 @ 7.0% cap · market cap 4.53%
Second Best
Warehouse
$235.7K
$206.3K – $275.0K
NOI $16,500 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$602.6K
$527.3K – $703.0K
NOI $42,182 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - For sale flex/warehouse unit located in Eagle County.
Where is this flex space located?
The property is located at 210 Marmot Lane A4 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: Flex/warehouse unit for sale in Eagle County.
