Flex Office with Shop
For Sale
$729,000
A-1-210 Marmot Ln, Eagle, CO
Corner unit combines ground-level office, shop/garage space, and an upstairs finished residence layout.
Property Size1,624 SF
Price / SF$448.89
Days on Market214
Property Features for A-1-210 Marmot Ln
General Information
Standard status
Active
Size
1,624 SF
Taxes and HOA fees
Annual Taxes
$5,222
Listing Agency:
Mountain Lifestyle Properties
(970) 445-1766
Listed By:
David Nudell · License #REC 2023 0616
(970) 390-0492
Source:
Exprealty
Added: Apr 1
Changed: Oct 25
Last Checked: Oct 30 at 7:53PM
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 Mountain Lifestyle Properties
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Investment Insights
Based on property information with market context.
This corner commercial unit provides a practical work-and-client flow with 892 square feet of highly usable garage/shop area and 1,624 square feet of finished office space. The ground level includes a finished office and a half bath, designed to make meeting clients straightforward. Upstairs is nicely finished as a non-conforming one-bedroom residence.
The unit’s corner positioning adds extra windows for natural light, and the property is described as having excellent passive solar. A rooftop evaporative cooler is also noted as working well. The seller advises buyers to verify allowable uses with the Town of Eagle, as the residential space is non-conforming.
For buyers seeking a mixed-use setup, the combination of office-ready ground level and dedicated shop/garage space can support a range of operations that benefit from both client-facing space and on-site work areas. With the passive solar and available climate control features, it may also appeal to owner-operators looking to run day-to-day activities on the same premises. Please confirm permitted uses directly with the Town of Eagle before proceeding.
The unit’s corner positioning adds extra windows for natural light, and the property is described as having excellent passive solar. A rooftop evaporative cooler is also noted as working well. The seller advises buyers to verify allowable uses with the Town of Eagle, as the residential space is non-conforming.
For buyers seeking a mixed-use setup, the combination of office-ready ground level and dedicated shop/garage space can support a range of operations that benefit from both client-facing space and on-site work areas. With the passive solar and available climate control features, it may also appeal to owner-operators looking to run day-to-day activities on the same premises. Please confirm permitted uses directly with the Town of Eagle before proceeding.
Key Highlights
- Corner commercial unit with extra windows for added natural light
- 892 SF garage/shop plus 1,624 finished SF of office space
- Ground‑level finished office and half bath for client meetings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,801
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,020
$456.0K
Cap Rate 7%
$325,729
$325.7K
Cap Rate 9%
$253,344
$253.3K
Market Conditions
NOI Build-Up for 1,624 SF
Gross rent
$39.0K $24.00/SF
− Vacancy
−$8.6K −$5.28/SF
EGI
$30.4K $18.72/SF
− OpEx
−$7.6K −$4.68/SF
NOI
$22.8K $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 Rate 5%
$456,020
Cap Rate 7%
$325,729
Cap Rate 9%
$253,344
Alternative Uses
Best Use
Office B
$325.7K
$285.0K – $380.0K
NOI $22,801 @ 7.0% cap · market cap 3.13%
Second Best
Flex RnD
$251.1K
$219.7K – $292.9K
NOI $17,576 @ 7.0% cap · market cap 2.41%
Theoretical Best
Office A
$445.4K
$389.8K – $519.7K
NOI $31,181 @ 7.0% cap · market cap 4.28%
Zoning and permitted uses should be independently verified with authorities.
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Flex space - Corner unit combines ground-level office, shop/garage space, and an upstairs finished residence layout.
Where is this flex space located?
The property is located at A-1-210 Marmot Ln Eagle, CO.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Corner commercial unit with extra windows for added natural light; 892 SF garage/shop plus 1,624 finished SF of office space; Ground‑level finished office and half bath for client meetings
