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Prime Retail Condo in Frisco

842 N Summit Boulevard #14, Frisco, CO 80443

For Sale
$610,000

Highly visible retail condo in a premier Frisco corridor.

Property Size1,365 SF
Lot Size5.06 Acres
Price / SF$446.89
Days on Market301

Property Features for 842 N Summit Boulevard #14

General Information

Standard status Active
Size 1,365 SF
Lot size 5.06 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,727

Amenities

110V
Asphalt
Landscaped
Lighted
Near Public Transit
Near Ski Area
Tar/Gravel Roof

Building Details

Year Built 1988
Listing Agency: EXP REALTY, LLC
Listed By: LIZ HALLINAN · License CO #100078236
Source: Corcoran
Added: Jan 15 Changed: Aug 8 Last Checked: Aug 8 at 6:06AM

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 EXP REALTY, LLC

Rey
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Investment Insights

Based on property information with market context.

This highly visible retail condo is located in a premier Frisco corridor, near Whole Foods, Walmart, Safeway, and Lake Dillon. The location benefits from excellent daily traffic from residents and tourists. The property offers expansive storefront visibility, prominent signage, and a layout adaptable to multiple retail or service uses. Ample on-site parking and easy access from major roadways, including I-70 and North Summit BLVD, facilitate customer access. The property size is 1365 square feet.

Key Highlights

  • Premier location in a high‑traffic Frisco corridor near major retailers (Whole Foods, Walmart, Safeway) and Lake Dillon.
  • Excellent daily traffic counts from residents and tourists, maximizing business exposure.
  • Expansive storefront visibility and prominent signage opportunities.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,983
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,660 $419.7K
Cap Rate 7%
$299,757 $299.8K
Cap Rate 9%
$233,144 $233.1K
Market Conditions
NOI Build-Up for 1,365 SF
Gross rent
$32.8K $24.00/SF
− Vacancy
−$2.8K −$2.04/SF
EGI
$30.0K $21.96/SF
− OpEx
−$9.0K −$6.59/SF
NOI
$21.0K $15.37/SF
Area
Summit County, CO
Vacancy
8.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,660
Cap Rate 7%
$299,757
Cap Rate 9%
$233,144

Alternative Uses

Best Use
Retail
$299.8K
$262.3K – $349.7K (±1% cap)
NOI $20,983 @ 7.0% cap · market cap 3.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$461.3K
$403.6K – $538.1K (±1% cap)
NOI $32,288 @ 7.0% cap · market cap 5.29%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 80443, CO

4,170
Population
5,552
Households
0.8
Avg Household Size
41
Median Age
60%
College-Educated
98%
High-School Grad
102.1 sq mi
ZIP Area
41
Density / Sq Mi
$112,179
Median Household Income
$51,450
Median Earnings
$2,542
Median Rent
$844,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Retail space in Frisco

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Highly visible retail condo in a premier Frisco corridor.
Where is this retail space located?
The property is located at 842 N Summit Boulevard #14 Frisco, CO.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Premier location in a high‑traffic Frisco corridor near major retailers (Whole Foods, Walmart, Safeway) and Lake Dillon.; Excellent daily traffic counts from residents and tourists, maximizing business exposure.; Expansive storefront visibility and prominent signage opportunities.
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