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Mixed-Use Property with River Frontage
New
For Sale
$2,099,000

4602 Plettner Lane, Evergreen, CO 80439

Mixed-use property on 1.23 acres with river frontage, 60 parking spaces, and on-site retail, office, personal services, plus an apartment.

Lot Size1.23 Acres
Days on Market3

Property Features for 4602 Plettner Lane

General Information

Standard status Active
Total Parking Spaces 60
Lot size 1.23 Acres
Property subtype Commercial
Occupancy 100%

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes

Building Details

Building Size 11,706 SF
Year Built 1995
Tenancy Multi
Listing Agency: Wildflower Realty LLC
Listed By: Dana Dalvit · License #40046437
Source: Coloradopartners
Added: Jul 28 Changed: Jul 30 Last Checked: Jul 30 at 2:57AM

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 Wildflower Realty LLC

Investment Insights

Based on property information with market context.

Sale is for both 4600 and 4602 Plettner Lane at Evergreen Mountain Village, a one-owner, two-parcel mixed-use property in downtown Evergreen. The property includes an array of businesses spanning retail, office, and personal services, along with a two-bedroom, one-bath apartment. Built in 1995, Evergreen Mountain Village is reported to be 100% occupied.

The sites sit on 1.23 acres with river frontage and are located at the corner of Highway 73 and 74. On-site parking is provided with 60 parking spaces.

Offered as a combined ownership and sale, both parcels must be sold together.

Key Highlights

  • Sale includes both 4600 and 4602 Plettner Lane as one ownership
  • Mixed‑use mix of retail, office, and personal services plus a 2‑bedroom, 1‑bath apartment
  • 1.23‑acre site with river frontage

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $282.3k $24.12
− Vacancy −$15.2k −$1.30
EGI $267.1k $22.82
− OpEx −$80.1k −$6.85
NOI $187.0k $15.97
11,706 SF · lease $24.12/SF/yr · vacancy 5.40% · expense 30.00%

Alternative Uses

Best Use
Retail
$2.67M
$2.34M – $3.12M (±1% cap)
NOI $186,971 @ 7.0% cap · market cap 8.91%
Second Best
Mixed Use
$2.34M
$2.05M – $2.74M (±1% cap)
NOI $164,129 @ 7.0% cap · market cap 7.82%
Theoretical Best
Multifamily LT 5
$26.05M
$22.79M – $30.39M (±1% cap)
NOI $1,823,506 @ 7.0% cap · market cap 86.87%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Building Supply Furniture & Home Goods Carpet & Flooring Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

725
Businesses Nearby

Demographics for 80439, CO

24,711
Population
11,137
Households
2.2
Avg Household Size
49
Median Age
71%
College-Educated
98%
High-School Grad
168.8 sq mi
ZIP Area
146
Density / Sq Mi
$152,156
Median Household Income
$67,162
Median Earnings
$1,870
Median Rent
$838,000
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property on 1.23 acres with river frontage, 60 parking spaces, and on-site retail, office, personal services, plus an apartment.
Where is this mixed-use property located?
The property is located at 4602 Plettner Lane Evergreen, CO.
What is the asking price?
The asking price for this property is $2,099,000.
What are key features of this property?
This property features: Sale includes both 4600 and 4602 Plettner Lane as one ownership; Mixed‑use mix of retail, office, and personal services plus a 2‑bedroom, 1‑bath apartment; 1.23‑acre site with river frontage
More about this property
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