Listing Agency: Alpine Resort Real Estate a***@vail.net

Listed By: Wendy S Sacks Show Phone

Source: Exprealty

Added: Feb 16, 2025 Changed: Oct 6 Last Checked: Oct 6 at 2:35AM

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Investment Insights

Based on property information with market context.

This indoor self-storage unit contains 200 square feet and is situated in a building with climate control. Access is controlled, and elevator service provides entry to the storage area.

The property is at 9-241 Broadway St in Eagle, Colorado.

Key Highlights

• 200‑square‑foot indoor storage unit
• Climate‑controlled building with access control
• Elevator access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$1,875

Cap Rate

7.50%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$37,500 $37.5K

Cap Rate 7%

$26,786 $26.8K

Cap Rate 9%

$20,833 $20.8K

Market Conditions

NOI Build-Up for 200 SF

Gross rent

$2.9K $14.40/SF

− Vacancy

−$202 −$1.01/SF

EGI

$2.7K $13.39/SF

− OpEx

−$804 −$4.02/SF

NOI

$1.9K $9.37/SF

Area

Eagle County, CO

Vacancy

7.00%

Lease Rate

$14.40 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$37,500

Cap Rate 7%

$26,786

Cap Rate 9%

$20,833

Alternative Uses

Best Use

Self Storage

$26.8K

$23.4K – $31.3K (±1% cap)

NOI $1,875 @ 7.0% cap · market cap 7.50%

Second Best

Warehouse

$21.5K

$18.8K – $25.0K (±1% cap)

NOI $1,502 @ 7.0% cap · market cap 6.01%

Theoretical Best

Office A

$54.9K

$48.0K – $64.0K (±1% cap)

NOI $3,840 @ 7.0% cap · market cap 15.36%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Self storage facilities

Location Intelligence

Trade Area within ½ mile

23

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this self storage facilities located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Self storage facility - A 200-square-foot indoor unit is located within an access-controlled building in Eagle.

Where is this self storage facility located?

The property is located at 9-241 Broadway St Eagle, CO.

What are key features of this property?

This property features: 200‑square‑foot indoor storage unit; Climate‑controlled building with access control; Elevator access