Lower-Level Medical Office
For Sale
$544,950
B101-1140 Edwards Village Blvd, Edwards, CO 81632
Lower level medical office suite with great natural light in a bi-level building below Vail Dermatology.
Property Size1,211 SF
Price / SF$450
Days on Market275
Property Features for B101-1140 Edwards Village Blvd
General Information
Standard status
Active
Size
1,211 SF
Taxes and HOA fees
Annual Taxes
$5,632
Building Details
Stories
2
Listing Agency:
Walter Realty Group, Inc.
Listed By:
Michael Walter
(970) 926-5748
Source:
Exprealty
Added: Dec 3, 2025
Changed: Sep 2
Last Checked: Sep 4 at 12:48PM
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 Walter Realty Group, Inc.
Investment Insights
Based on property information with market context.
This lower level medical office suite is located within a bi-level building and is described as having great natural light. The space is positioned below Vail Dermatology, creating a medical-focused vertical arrangement within the building.
The property is offered for sale at B101-1140 Edwards Village Blvd in Edwards, Colorado. As a dedicated office unit within the lower portion of the building, it offers a straightforward footprint for professional use in an established medical office setting.
The property is offered for sale at B101-1140 Edwards Village Blvd in Edwards, Colorado. As a dedicated office unit within the lower portion of the building, it offers a straightforward footprint for professional use in an established medical office setting.
Key Highlights
- Lower level medical office suite in a bi‑level building
- Great natural light
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
$17,120
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
3.14%
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%
$342,400
$342.4K
Cap Rate 7%
$244,571
$244.6K
Cap Rate 9%
$190,222
$190.2K
Market Conditions
NOI Build-Up for 1,211 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
$30.5K $25.20/SF
− Vacancy
−$2.0K −$1.64/SF
EGI
$28.5K $23.56/SF
− OpEx
−$11.4K −$9.42/SF
NOI
$17.1K $14.14/SF
Area
Eagle County, CO
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
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%
$342,400
Cap Rate 7%
$244,571
Cap Rate 9%
$190,222
Alternative Uses
Best Use
Healthcare Medical
$244.6K
$214.0K – $285.3K
NOI $17,120 @ 7.0% cap · market cap 3.14%
Second Best
Office B
$242.9K
$212.5K – $283.4K
NOI $17,002 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$332.2K
$290.6K – $387.5K
NOI $23,251 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
753
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81632, CO
11,343
Population
5,529
Households
2.1
Avg Household Size
39
Median Age
58%
College-Educated
94%
High-School Grad
115.9 sq mi
ZIP Area
98
Density / Sq Mi
$92,304
Median Household Income
$49,709
Median Earnings
$1,885
Median Rent
$734,300
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.
Similar Off Market Nearby
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- Castle Peak Veterinary Services — 34510 US-6, Edwards, CO 81632
- Conlin Steve DVM — 34510 US-6, Edwards, CO 81632, United States
- Animal Camp Chiropractic — 34295 US-6, Edwards, CO 81632
- Simonton Denny DVM — 34510 US-6, Edwards, CO 81632, United States
Frequently Asked Questions
What type of property is this?
Medical Office Space - Lower level medical office suite with great natural light in a bi-level building below Vail Dermatology.
Where is this medical office space located?
The property is located at B101-1140 Edwards Village Blvd Edwards, CO.
What is the asking price?
The asking price for this property is $544,950.
What are key features of this property?
This property features: Lower level medical office suite in a bi‑level building; Great natural light
