Corner Retail
For Sale
$1,500,000
Pending
E Valley Rd, Basalt, CO 81621
Commercial Sale, Basalt, CO
Property Size7,700 SF
Days on Market2413
Property Features for E Valley Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
PUD
Subdivision
Willits
Directions
On the same parcel as One Willits Place, south of Market St Lofts
Standard status
Pending
APN
TBD .
Size
7,700 SF
Taxes and HOA fees
Tax Year
2020
Tax Description
Lot 8 according to the Final Plat of Willits Town Center Filing 11
Legal Description
Lot 8 according to the Final Plat of Willits Town Center Filing 11
Building Details
Year built
2021
Listing Agency:
Roaring Fork Realty
(800) 963-7172
Listed By:
Tim Belinski
(970) 277-1100
Added: Feb 28, 2020
Changed: Aug 19
Last Checked: Oct 7 at 12:06AM
MLS# 163377
Copyright © 2026 Aspen Glenwood MLS. 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 retail property provides 7,700 square feet of commercial space in a building constructed in 2021. The site carries PUD zoning and occupies a corner position, supporting a prominent storefront configuration within the Willits neighborhood.
Located on E Valley Rd in Basalt, the property is part of Eagle County and carries a 81621 postal designation. Its retail classification and corner placement provide a straightforward platform for commercial occupancy in an established local setting.
Located on E Valley Rd in Basalt, the property is part of Eagle County and carries a 81621 postal designation. Its retail classification and corner placement provide a straightforward platform for commercial occupancy in an established local setting.
Key Highlights
- 7,700 SF of retail space
- Constructed in 2021
- Corner position in Basalt’s Willits neighborhood
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,917
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,158,340
$2.2M
Cap Rate 7%
$1,541,671
$1.5M
Cap Rate 9%
$1,199,078
$1.2M
Market Conditions
NOI Build-Up for 7,700 SF
Gross rent
$162.6K $21.12/SF
− Vacancy
−$8.5K −$1.10/SF
EGI
$154.2K $20.02/SF
− OpEx
−$46.3K −$6.01/SF
NOI
$107.9K $14.02/SF
Area
Eagle County, CO
Vacancy
5.20%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,158,340
Cap Rate 7%
$1,541,671
Cap Rate 9%
$1,199,078
Alternative Uses
Best Use
Retail
$1.54M
$1.35M – $1.80M
NOI $107,917 @ 7.0% cap · market cap 7.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,840 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
41k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 57%
Dining 20%
Shops & Services 17%
Hotels & Casinos 6%
Whole Foods Market
Groceries
23,645 visits/mo
0.2 miles
Starbucks
Dining
8,047 visits/mo
0.3 miles
Conoco
Shops & Services
6,814 visits/mo
0.3 miles
Element Basalt - Aspen
Hotels & Casinos
2,663 visits/mo
0.2 miles
Demographics for 81621, CO
6,034
Population
3,145
Households
1.9
Avg Household Size
41
Median Age
59%
College-Educated
96%
High-School Grad
258.7 sq mi
ZIP Area
23
Density / Sq Mi
$103,721
Median Household Income
$58,008
Median Earnings
$2,220
Median Rent
$1,138,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Newer commercial space with a corner position in Basalt’s Willits neighborhood.
Where is this retail space located?
The property is located at E Valley Rd Basalt, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 7,700 SF of retail space; Constructed in 2021; Corner position in Basalt’s Willits neighborhood
