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For Sale
$799,000

425 Broadway Street, Eagle, CO 81631

Commercial Sale, Eagle, CO

Property Size1,860 SF
Lot Size0.14 Acres
Price / SF$429.57
Days on Market568

Property Features for 425 Broadway Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mixed Use/CBD
Parking features Garage - Detached
Subdivision Eagle
Standard status Active
APN 2109-051-04-003
Size 1,860 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Subdivision: EAGLE Block: 27 Lot: 6 AND:-Lot 7
Tax Annual Amount 3087
Legal Description Subdivision: EAGLE Block: 27 Lot: 6 AND:-Lot 7

Utilities

Utilities Cable Available
Heating system Natural Gas, Baseboard
Water source Public

Building Details

Year built 1907
Floors in Building 2
Building materials Frame
Roof type Asphalt
Listing Agency: Berkshire Hathaway - Eagle Ranch · Berkshire Hathaway HomeServices
Listed By: Eric Messmer · License #FA100005562
Added: Mar 19, 2025 Changed: Oct 5 Last Checked: Oct 7 at 3:06PM
MLS# 1011458

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.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,355
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$467,100 $467.1K
Cap Rate 7%
$333,643 $333.6K
Cap Rate 9%
$259,500 $259.5K
Market Conditions
NOI Build-Up for 1,860 SF
Gross rent
$55.8K $30.00/SF
− Vacancy
−$13.3K −$7.17/SF
EGI
$42.5K $22.83/SF
− OpEx
−$19.1K −$10.27/SF
NOI
$23.4K $12.56/SF
Area
Eagle County, CO
Vacancy
23.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$467,100
Cap Rate 7%
$333,643
Cap Rate 9%
$259,500

Alternative Uses

Best Use
Apartment 5plus
$333.6K
$291.9K – $389.3K (±1% cap)
NOI $23,355 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$510.2K
$446.4K – $595.2K (±1% cap)
NOI $35,712 @ 7.0% cap · market cap 4.47%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

589
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
View Realmo Analytics
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Frequently Asked Questions

Where is this commercial land located?
The property is located at 425 Broadway Street Eagle, CO.
What is the asking price?
The asking price for this property is $799,000.
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