Industrial Flex Unit with
For Sale
$1,070,000
Pending
936 Chambers Court, Eagle, CO 81631
COMMERCIAL - Eagle, CO
Property Size4,500 SF
Lot Size0.01 Acres
Days on Market288
Property Features for 936 Chambers Court
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
industrial
Parking
6
Subdivision
Eagle
Standard status
Pending
APN
1939-332-09-006
Size
4,500 SF
Lot size
0.01 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Subdivision: BRUSH CREEK INDUSTRIAL CENTER Unit: A6 Subdivision: BRUSH CREEK INDUSTRIAL CENTER Unit: A5
Tax Annual Amount
5573
HOA Fee
$3,900 Quarterly
Legal Description
Subdivision: BRUSH CREEK INDUSTRIAL CENTER Unit: A6 Subdivision: BRUSH CREEK INDUSTRIAL CENTER Unit: A5
Utilities
Utilities
Cable Available
Heating system
Electric (Heating)
Building Details
Year built
1996
Floors in Building
2
Building materials
Frame, Concrete
Roof type
Metal
Listing Agency:
Berkshire Hathaway - Vail VLG · Berkshire Hathaway HomeServices
(970) 476-0476
Listed By:
Matt Seatvet · License #FA100076770
(970) 471-2518
Added: Nov 14, 2025
Changed: Aug 8
Last Checked: Aug 29 at 6:06PM
MLS# 1013027
Copyright © 2026 Vail Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This industrial flex unit is built for mixed work needs, offering office space along with functional back-of-house improvements. The layout includes five offices, bathrooms, showers, and a full kitchen plus a galley kitchen. Additional storage rooms support day-to-day operations, and exterior access is enhanced by garage doors on opposite sides with pull-through capability.
The property is located in Eagle, CO on Chambers Court near I-70 and other Eagle businesses. The listing notes it is about 15 minutes from Eagle County Airport, with access and visibility intended for commercial operations. Exterior extra parking is also available.
With industrial zoning and a pull-through configuration, the unit is suited to businesses that benefit from both customer-facing/administrative space and practical warehouse-style access.
The property is located in Eagle, CO on Chambers Court near I-70 and other Eagle businesses. The listing notes it is about 15 minutes from Eagle County Airport, with access and visibility intended for commercial operations. Exterior extra parking is also available.
With industrial zoning and a pull-through configuration, the unit is suited to businesses that benefit from both customer-facing/administrative space and practical warehouse-style access.
Key Highlights
- Prime location in Eagle near I70, businesses, and 15 minutes from Eagle County Airport.
- Versatile industrial unit suitable for various business ventures.
- Features 5 offices, bathrooms, showers, full kitchen + galley kitchen, and storage rooms.
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
$63,180
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
5.90%
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%
$1,263,600
$1.3M
Cap Rate 7%
$902,571
$902.6K
Cap Rate 9%
$702,000
$702.0K
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
$108.0K $24.00/SF
− Vacancy
−$23.8K −$5.28/SF
EGI
$84.2K $18.72/SF
− OpEx
−$21.1K −$4.68/SF
NOI
$63.2K $14.04/SF
Area
Eagle County, CO
Vacancy
22.00%
Lease Rate
$24.00 /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%
$1,263,600
Cap Rate 7%
$902,571
Cap Rate 9%
$702,000
Alternative Uses
Best Use
Office B
$902.6K
$789.8K – $1.05M
NOI $63,180 @ 7.0% cap · market cap 5.90%
Second Best
Flex RnD
$695.7K
$608.8K – $811.7K
NOI $48,701 @ 7.0% cap · market cap 4.55%
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
Property Profile
Current Use
Lease Details
2
Drive-in doors
5
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
631
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 Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial-zoned flex unit includes multiple offices, kitchen, and pull-through access with two-sided garage doors.
Where is this flex space located?
The property is located at 936 Chambers Court 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: Prime location in Eagle near I70, businesses, and 15 minutes from Eagle County Airport.; Versatile industrial unit suitable for various business ventures.; Features **5 offices, bathrooms, showers, full kitchen + galley kitchen, and storage rooms.**
