Eagle Industrial Unit For
For Sale
$1,070,000
Pending
936 Chambers Court #A5 + A6, Eagle, CO 81631
Industrial unit near I70, suitable for various business ventures.
Property Size4,500 SF
Lot Size0.01 Acres
Days on Market401
Property Features for 936 Chambers Court #A5 + A6
General Information
Standard status
Pending
Size
4,500 SF
Lot size
0.01 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$5,572
Amenities
Metal Roof
Electric Heating
Building Details
Year Built
1996
Listing Agency:
BERKSHIRE HATHAWAY - VAIL VLG
(970) 476-0476
Listed By:
MATT SEATVET · License #FA100076770
Source:
Corcoran
Added: Jul 26, 2025
Changed: Aug 14
Last Checked: Aug 29 at 5:35AM
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 BERKSHIRE HATHAWAY - VAIL VLG
Investment Insights
Based on property information with market context.
Located in Eagle near I70 and other Eagle businesses, this industrial unit is approximately 15 minutes from Eagle County Airport. The property offers visibility and accessibility, situated among growing businesses and newer construction. The 4,500 square foot space includes 5 offices, bathrooms, showers, a full kitchen, a galley kitchen, and storage rooms. It features 8 ft to 12 ft garage doors on opposite sides, allowing for pull-through access. Exterior parking is available. This commercial/industrial unit is suitable for expanding a current business or starting a new venture, offering a combination of space, storage, and location.
Key Highlights
- Excellent location in Eagle near I70, businesses, and 15 minutes from Eagle County Airport.
- Industrial unit with excellent visibility and accessibility.
- Pull‑through capability with 8 ft and 12 ft garage doors on opposite sides.
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
$48,701
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
4.55%
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%
$974,020
$974.0K
Cap Rate 7%
$695,729
$695.7K
Cap Rate 9%
$541,122
$541.1K
Market Conditions
NOI Build-Up for 4,500 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
$81.0K $18.00/SF
− Vacancy
−$6.1K −$1.35/SF
EGI
$74.9K $16.65/SF
− OpEx
−$26.2K −$5.83/SF
NOI
$48.7K $10.82/SF
Area
Eagle County, CO
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
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%
$974,020
Cap Rate 7%
$695,729
Cap Rate 9%
$541,122
Alternative Uses
Best Use
Flex RnD
$695.7K
$608.8K – $811.7K
NOI $48,701 @ 7.0% cap · market cap 4.55%
Second Best
Industrial
$397.6K
$347.9K – $463.9K
NOI $27,831 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,400 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 81631, CO
9,017
Population
3,137
Households
2.9
Avg Household Size
39
Median Age
52%
College-Educated
93%
High-School Grad
220.4 sq mi
ZIP Area
41
Density / Sq Mi
$104,430
Median Household Income
$54,994
Median Earnings
$1,685
Median Rent
$717,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial unit near I70, suitable for various business ventures.
Where is this flex space located?
The property is located at 936 Chambers Court #A5 + A6 Eagle, CO.
What is the asking price?
The asking price for this property is $1,070,000.
What are key features of this property?
This property features: Excellent location in Eagle near I70, businesses, and 15 minutes from Eagle County Airport.; Industrial unit with excellent visibility and accessibility.; Pull‑through capability with 8 ft and 12 ft garage doors on opposite sides.
