Flex Space with Storage
For Sale
$540,000
503-770 Lindbergh Dr, Gypsum, CO
A front office, rear storage area, and lofted space support a range of commercial configurations.
Property Size1,370 SF
Price / SF$394.16
Days on Market26
Property Features for 503-770 Lindbergh Dr
General Information
Standard status
Active
Size
1,370 SF
Total Parking Spaces
4
Warehouse & Industrial
Drive-In Doors
1
Voltage
220 V
Taxes and HOA fees
Annual Taxes
$3,900
Amenities
display windows
12-foot garage door
high ceilings
large storage racks
heating and air conditioning
220V power
private bathroom
lofted space
Listing Agency:
Coldwell Banker Distinctive Properties
(970) 476-2113
Listed By:
Schlosser & Sanchez Group
(970) 390-8551
Source:
Exprealty
Added: Sep 21
Changed: Oct 14
Last Checked: Oct 15 at 1:24AM
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 Coldwell Banker Distinctive Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,370-square-foot flex space combines a front office with display windows and a rear storage garage. The layout includes lofted space, large storage racks, a private bathroom, heating and air conditioning, and 220V power. A 12-foot garage door provides access to the storage area, and the property has high ceilings. Four assigned parking spaces are divided between the front and rear of the property.
Major roadways are nearby. Eagle County Regional Airport is a few minutes away, while Vail and Beaver Creek are each approximately 35 minutes from the property.
Major roadways are nearby. Eagle County Regional Airport is a few minutes away, while Vail and Beaver Creek are each approximately 35 minutes from the property.
Key Highlights
- 1,370 square feet of flex space with a front office and rear storage garage
- 12‑foot garage door, high ceilings, lofted space, and large storage racks
- Heating and air conditioning, 220V power, and a private bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,201
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,020
$384.0K
Cap Rate 7%
$274,300
$274.3K
Cap Rate 9%
$213,344
$213.3K
Market Conditions
NOI Build-Up for 1,370 SF
Gross rent
$28.9K $21.12/SF
− Vacancy
−$1.5K −$1.10/SF
EGI
$27.4K $20.02/SF
− OpEx
−$8.2K −$6.01/SF
NOI
$19.2K $14.02/SF
Area
Eagle County, CO
Vacancy
5.20%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,020
Cap Rate 7%
$274,300
Cap Rate 9%
$213,344
Alternative Uses
Best Use
Retail
$274.3K
$240.0K – $320.0K
NOI $19,201 @ 7.0% cap · market cap 3.56%
Second Best
Flex RnD
$211.8K
$185.3K – $247.1K
NOI $14,827 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$375.8K
$328.8K – $438.4K
NOI $26,304 @ 7.0% cap · market cap 4.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Mountain Pine Grazing Board Company — 197 Park St, Gypsum, CO 81637
- The Catered Event — 197 Park St, Gypsum, CO 81637
Frequently Asked Questions
What type of property is this?
Flex space - A front office, rear storage area, and lofted space support a range of commercial configurations.
Where is this flex space located?
The property is located at 503-770 Lindbergh Dr Gypsum, CO.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 1,370 square feet of flex space with a front office and rear storage garage; 12‑foot garage door, high ceilings, lofted space, and large storage racks; Heating and air conditioning, 220V power, and a private bathroom
