Ground-Level Retail
For Sale
$625,000
570 Highway 133 Unit 6, Carbondale, CO 81623
Ground-floor access, common parking, and a flexible layout support retail or service-oriented business use.
Property Size1,621 SF
Price / SF$385.56
Days on Market250
Property Features for 570 Highway 133 Unit 6
General Information
Standard status
Active
Size
1,621 SF
Property subtype
General Commercial
Amenities
3
Building Details
Year Built
2001
Listing Agency:
ENGEL & VOLKERS
(970) 485-4570
Listed By:
Christopher Burley
(970) 485-4570
Source:
Xome
Added: Dec 24, 2025
Changed: Aug 30
Last Checked: Aug 30 at 9:08PM
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 ENGEL & VOLKERS
Investment Insights
Based on property information with market context.
This 1,621-square-foot commercial condominium occupies a ground-level position within La Fontana Plaza. The space provides a flexible interior arrangement, frontage along Highway 133, and infrastructure supporting retail or service-oriented operations. Its configuration is suited to food and beverage, boutique retail, or small medical and professional office uses, as identified for the property.
The unit is located at 570 Highway 133, Unit 6, in Carbondale, with access to Highway 82 and the Rio Grande Trail. Common parking serves the plaza. The La Fontana building was completed in 2001, and the property is offered as a commercial asset for sale.
The unit is located at 570 Highway 133, Unit 6, in Carbondale, with access to Highway 82 and the Rio Grande Trail. Common parking serves the plaza. The La Fontana building was completed in 2001, and the property is offered as a commercial asset for sale.
Key Highlights
- 1,621 SF ground‑level commercial condo
- Frontage along Highway 133 with access to Highway 82 and the Rio Grande Trail
- Located within La Fontana Plaza
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
$22,960
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
3.67%
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%
$459,200
$459.2K
Cap Rate 7%
$328,000
$328.0K
Cap Rate 9%
$255,111
$255.1K
Market Conditions
NOI Build-Up for 1,621 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
$35.6K $21.96/SF
− Vacancy
−$5.0K −$3.07/SF
EGI
$30.6K $18.89/SF
− OpEx
−$7.7K −$4.72/SF
NOI
$23.0K $14.16/SF
Area
Garfield County, CO
Vacancy
14.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
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%
$459,200
Cap Rate 7%
$328,000
Cap Rate 9%
$255,111
Alternative Uses
Best Use
Office B
$328.0K
$287.0K – $382.7K
NOI $22,960 @ 7.0% cap · market cap 3.67%
Second Best
Retail
$280.1K
$245.1K – $326.8K
NOI $19,608 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$424.5K
$371.5K – $495.3K
NOI $29,716 @ 7.0% cap · market cap 4.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,018
Businesses Nearby
Explore this area
Business Placement
Demographics for 81623, CO
16,110
Population
7,280
Households
2.2
Avg Household Size
40
Median Age
50%
College-Educated
88%
High-School Grad
433.8 sq mi
ZIP Area
37
Density / Sq Mi
$98,549
Median Household Income
$46,026
Median Earnings
$2,094
Median Rent
$835,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Ground-floor access, common parking, and a flexible layout support retail or service-oriented business use.
Where is this retail space located?
The property is located at 570 Highway 133 Unit 6 Carbondale, CO.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1,621 SF ground‑level commercial condo; Frontage along Highway 133 with access to Highway 82 and the Rio Grande Trail; Located within La Fontana Plaza
