Two-Level Flex Space with
New
For Sale
$575,000
4-245 Marmot Ln, Eagle, CO
Warehouse, office, bathroom, and equipment storage support varied business operations.
Property Size1,963 SF
Price / SF$292.92
Days on Market6
Property Features for 4-245 Marmot Ln
General Information
Standard status
Active
Size
1,963 SF
Total Parking Spaces
2
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Drive-In Doors
1
Taxes and HOA fees
Annual Taxes
$5,278
Building Details
Stories
2
Listing Agency:
Berkshire Hathaway - Vail VLG
(970) 476-0476
Listed By:
Matt Seatvet · License #FA100076770
(970) 471-2518
Source:
Exprealty
Added: Sep 1
Changed: Sep 5
Last Checked: Sep 5 at 2:56PM
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
Investment Insights
Based on property information with market context.
This 1,963-square-foot flex space at 4-245 Marmot Ln, Eagle, CO, is arranged across two levels for commercial operations, storage, and equipment use. The main floor combines a warehouse and work area with high ceilings, an overhead garage door sized to accommodate a trailer, a private office, a bathroom, and additional workspace. An upper mezzanine adds storage capacity while preserving the primary floor area for larger items and daily activity.
The property includes two assigned parking spaces that can accommodate trucks, vans, or other vehicles overnight. Its position just off Chambers Avenue provides access to Highway 6 and I-70, with connectivity to Eagle, Vail, Beaver Creek, and Eagle County Regional Airport. The configuration supports businesses needing a dedicated base for equipment, inventory, storage, or operations.
The property includes two assigned parking spaces that can accommodate trucks, vans, or other vehicles overnight. Its position just off Chambers Avenue provides access to Highway 6 and I-70, with connectivity to Eagle, Vail, Beaver Creek, and Eagle County Regional Airport. The configuration supports businesses needing a dedicated base for equipment, inventory, storage, or operations.
Key Highlights
- 1,963 finished square feet arranged across two levels
- High‑ceiling warehouse and work area with overhead garage door
- Upper‑level mezzanine provides additional equipment, supply, and inventory storage
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
$21,245
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
3.69%
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%
$424,900
$424.9K
Cap Rate 7%
$303,500
$303.5K
Cap Rate 9%
$236,056
$236.1K
Market Conditions
NOI Build-Up for 1,963 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
$35.3K $18.00/SF
− Vacancy
−$2.7K −$1.35/SF
EGI
$32.7K $16.65/SF
− OpEx
−$11.4K −$5.83/SF
NOI
$21.2K $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%
$424,900
Cap Rate 7%
$303,500
Cap Rate 9%
$236,056
Alternative Uses
Best Use
Flex RnD
$303.5K
$265.6K – $354.1K
NOI $21,245 @ 7.0% cap · market cap 3.69%
Second Best
Warehouse
$210.6K
$184.3K – $245.7K
NOI $14,742 @ 7.0% cap · market cap 2.56%
Theoretical Best
Office A
$538.4K
$471.1K – $628.2K
NOI $37,690 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
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 - Warehouse, office, bathroom, and equipment storage support varied business operations.
Where is this flex space located?
The property is located at 4-245 Marmot Ln Eagle, CO.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1,963 finished square feet arranged across two levels; High‑ceiling warehouse and work area with overhead garage door; Upper‑level mezzanine provides additional equipment, supply, and inventory storage
