Commercial Garage Space For
For Sale
$410,000
770 Lindbergh Drive #108, Gypsum, CO 81637
Versatile commercial garage space with high ceilings and large door.
Property Size1,439 SF
Lot Size0.10 Acres
Price / SF$284.92
Days on Market197
Property Features for 770 Lindbergh Drive #108
General Information
Standard status
Active
Size
1,439 SF
Lot size
0.10 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,033
Amenities
Metal Roof
Forced Air Heating
Natural Gas Heating
Unassigned
Building Details
Year Built
1998
Listing Agency:
LIV SOTHEBY'S INT. REALTY- VAIL BRIDGE STREET
(970) 470-6214
Listed By:
COREY LAMOTHE · License #FA40040135
(303) 918-1644
Source:
Corcoran
Added: Mar 25
Changed: Oct 3
Last Checked: Oct 5 at 6:11PM
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 LIV SOTHEBY'S INT. REALTY- VAIL BRIDGE STREET
Investment Insights
Based on property information with market context.
This commercial garage space features a 14-foot overhead door, accommodating entry for large vehicles or equipment. The interior provides an 18-foot ceiling height, suitable for storage, lifts, or various workspace configurations. The property is equipped with 220V power and heat, allowing for year-round functionality. The interior is customizable to meet specific needs. The property size is 1439 square feet.
Key Highlights
- 14' overhead door allows entry for large vehicles, including motor coaches and RVs
- 18' ceiling height provides ample vertical clearance
- Equipped with 220V power and heat for year‑round functionality
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,168
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,360
$403.4K
Cap Rate 7%
$288,114
$288.1K
Cap Rate 9%
$224,089
$224.1K
Market Conditions
NOI Build-Up for 1,439 SF
Gross rent
$30.4K $21.12/SF
− Vacancy
−$1.6K −$1.10/SF
EGI
$28.8K $20.02/SF
− OpEx
−$8.6K −$6.01/SF
NOI
$20.2K $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%
$403,360
Cap Rate 7%
$288,114
Cap Rate 9%
$224,089
Alternative Uses
Best Use
Retail
$288.1K
$252.1K – $336.1K
NOI $20,168 @ 7.0% cap · market cap 4.92%
Second Best
Industrial
$127.1K
$111.3K – $148.3K
NOI $8,900 @ 7.0% cap · market cap 2.17%
Theoretical Best
Office A
$394.7K
$345.4K – $460.5K
NOI $27,629 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 81637, CO
9,845
Population
3,291
Households
3
Avg Household Size
34
Median Age
31%
College-Educated
84%
High-School Grad
787.3 sq mi
ZIP Area
13
Density / Sq Mi
$108,556
Median Household Income
$47,262
Median Earnings
$2,162
Median Rent
$549,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Western Slope Towing — 2412 US-6, Gypsum, CO 81637
Frequently Asked Questions
What type of property is this?
Auto shop - Versatile commercial garage space with high ceilings and large door.
Where is this auto shop located?
The property is located at 770 Lindbergh Drive #108 Gypsum, CO.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 14' overhead door allows entry for large vehicles, including motor coaches and RVs; 18' ceiling height provides ample vertical clearance; Equipped with 220V power and heat for year‑round functionality
