Heated Flex
For Sale
$525,000
Pending
2270 Marble Court, Steamboat Springs, CO 80487
Commercial, Steamboat Springs, CO
Property Size900 SF
Lot Size0.02 Acres
Days on Market176
Property Features for 2270 Marble Court
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
MARBLEHILL INDUSTRIAL PARK
Standard status
Pending
APN
R8181248
Lot size
0.02 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4343
Utilities
Heating system
Natural Gas, Floor Furnace
Building Details
Year built
2021
Roof type
Metal
Listing Agency:
The Agency Steamboat Springs
(970) 457-6880
Listed By:
Chris Paoli · License #SS55043735
(970) 819-1432
Added: Apr 15
Changed: Sep 16
Last Checked: Oct 7 at 11:06PM
MLS# S1068233
Copyright © 2026 Altitude 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.
Built in 2021, this flex-space unit is configured as a heated garage measuring 20 feet by 45 feet. A 14-foot overhead door provides access for larger vehicles and equipment, while the metal roof and natural-gas floor furnace support the building’s functional design. The space can accommodate vehicle, trailer, recreational equipment, contractor, and warehouse storage uses identified for the property.
The unit is located at 2270 Marble Court in Steamboat Springs, across from Steamboat Airport and near Elk River Road. Its position provides access to the surrounding backcountry area, while the workshop format offers a dedicated enclosed setting for storage or work activities. The property is part of Marble Hill Custom Workshops and includes heated interior space suitable for year-round use.
The unit is located at 2270 Marble Court in Steamboat Springs, across from Steamboat Airport and near Elk River Road. Its position provides access to the surrounding backcountry area, while the workshop format offers a dedicated enclosed setting for storage or work activities. The property is part of Marble Hill Custom Workshops and includes heated interior space suitable for year-round use.
Key Highlights
- 20' x 45' heated garage
- 14' overhead door
- Built in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,197
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,940
$503.9K
Cap Rate 7%
$359,957
$360.0K
Cap Rate 9%
$279,967
$280.0K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$31.5K $35.04/SF
− Vacancy
−$1.9K −$2.10/SF
EGI
$29.6K $32.94/SF
− OpEx
−$4.4K −$4.94/SF
NOI
$25.2K $28.00/SF
Area
Routt County, CO
Vacancy
6.00%
Lease Rate
$35.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,940
Cap Rate 7%
$359,957
Cap Rate 9%
$279,967
Alternative Uses
Best Use
Warehouse
$360.0K
$315.0K – $420.0K
NOI $25,197 @ 7.0% cap · market cap 4.80%
Second Best
Flex RnD
$203.1K
$177.7K – $236.9K
NOI $14,216 @ 7.0% cap · market cap 2.71%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80487, CO
18,209
Population
13,231
Households
1.4
Avg Household Size
42
Median Age
57%
College-Educated
97%
High-School Grad
795.8 sq mi
ZIP Area
23
Density / Sq Mi
$106,837
Median Household Income
$50,551
Median Earnings
$1,927
Median Rent
$915,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile garage space supports storage, contractor activities, and warehouse functions with year-round heating.
Where is this flex space located?
The property is located at 2270 Marble Court Steamboat Springs, 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: 20' x 45' heated garage; 14' overhead door; Built in 2021
