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Eagle Commercial Space For Sale
For Sale
$535,000

245 Marmot Lane #4, Eagle, CO 81631

Commercial space in Eagle's Industrial/Commercial zone, close to I70.

Property Size1,963 SF
Price / SF$272.54
Days on Market229

Property Features for 245 Marmot Lane #4

General Information

Standard status Active
Size 1,963 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,278

Amenities

Asphalt Roof
Assigned
Radiant Heating

Building Details

Year Built 1997
Listing Agency: BERKSHIRE HATHAWAY - VAIL VLG
Listed By: MATT SEATVET · License #FA100076770
Source: Corcoran
Added: Mar 5 Changed: Oct 3 Last Checked: Oct 19 at 6:40AM

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 - VAIL VLG

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Investment Insights

Based on property information with market context.

Located in Eagle's Industrial/Commercial zone, with convenient access to I70 and US HWY 6, this commercial space offers an environment for business growth. The property includes a new Employee Dwelling Unit (EDU) permit that remains with the unit, creating a work-live-play location. The 2,053 square foot unit features numerous upgrades. Suitable for both startups and established businesses, the space is designed to impress clients upon entry, offering ample room for a display area and storage. The building houses other established commercial and industrial businesses. The property is sold in 'AS IS' condition.

Key Highlights

  • New employee dwelling unit (EDU) permit included.
  • Convenient location near I70 and US HWY 6.
  • Upgraded unit in a well‑established commercial/industrial complex.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,561
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,220 $551.2K
Cap Rate 7%
$393,729 $393.7K
Cap Rate 9%
$306,233 $306.2K
Market Conditions
NOI Build-Up for 1,963 SF
Gross rent
$47.1K $24.00/SF
− Vacancy
−$10.4K −$5.28/SF
EGI
$36.7K $18.72/SF
− OpEx
−$9.2K −$4.68/SF
NOI
$27.6K $14.04/SF
Area
Eagle County, CO
Vacancy
22.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,220
Cap Rate 7%
$393,729
Cap Rate 9%
$306,233

Alternative Uses

Best Use
Office B
$393.7K
$344.5K – $459.4K (±1% cap)
NOI $27,561 @ 7.0% cap · market cap 5.15%
Second Best
Mixed Use
$348.3K
$304.8K – $406.3K (±1% cap)
NOI $24,380 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$538.4K
$471.1K – $628.2K (±1% cap)
NOI $37,690 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Live-work space

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space in Eagle's Industrial/Commercial zone, close to I70.
Where is this mixed-use property located?
The property is located at 245 Marmot Lane #4 Eagle, CO.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: New employee dwelling unit (EDU) permit included.; Convenient location near I70 and US HWY 6.; Upgraded unit in a well‑established commercial/industrial complex.
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