Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    699 10 Mile Dr Frisco, CO 80443
    Property profile & analytics

    699 10 Mile Dr Frisco, CO 80443

    View on Map
    • Industrial properties
    • 4,112 SF
    • 2.58 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 699 10 Mile Dr

    Year built
    1979
    Lot size
    2.58 lot acres
    Property size
    4,112 SF
    Property type
    Industrial properties

    Description

    This exceptional 4,112 square foot industrial warehouse, situated on a 2.58-acre lot at 699 Ten Mile Drive Unit 3, Frisco, CO, presents a rare investment opportunity. Located in the heart of Summit County, this property boasts a versatile layout ideal for a variety of uses. The main floor offers ample heated space perfect for inventory storage, a storefront, and office space. A significant advantage is the inclusion of a second-floor addition, providing extra square footage and valuable storage capacity. Currently leased to Christy Sports, the property is utilized for inventory storage and features a dual office space complete with a private bathroom. The property benefits from a strong tenant mix within the complex, including Sign Safari, G&G Roofing, Ifurnish, and Sherwin Williams, indicating a thriving commercial environment. It's important to note that the current lease agreement with Christy Sports is in place until April 2025, and must be honored by any future owner. An adjacent unit is also available for purchase, presenting a unique opportunity to acquire over 8,000 square feet of usable space, plus additional loft space, by combining both properties. This property offers significant potential for both immediate income and long-term growth in a highly desirable location. The substantial size, prime location, and existing tenant occupancy make this a compelling investment prospect.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Frisco
    County
    Summit
    State
    Colorado
    Longitude
    -106.093
    Latitude
    39.5837

    Comparable in this City

    • Value Estimation by Request
      4,112 SF

      699 10 Mile Dr

      Distribution properties • 4,112 SF
      699 10 Mile Dr, Frisco, CO 80443
      View Details
    • Value Estimation by Request
      2.48 Acres

      675 10th Mile Dr

      WAREHOUSE, STORAGE • 2.48 Acres
      675 10th Mile Dr, Frisco, CO 80443-5715
      View Details
    • Value Estimation by Request

      Frisco, CO 80443

      RECREATIONAL, ENTERTAINMENT
      Frisco, CO 80443
      View Details
    • Value Estimation by Request

      189 10th Mile Circ

      COMMERCIAL CONDOMINUIM
      189 10th Mile Circ, Frisco, CO 80443-5962
      View Details
    • Value Estimation by Request

      401 Main St, Unit 1D

      COMMERCIAL CONDOMINUIM
      401 Main St, Frisco, CO 80443-5498
      View Details
    • Value Estimation by Request

      760 Copper Rd, Unit D101

      COMMERCIAL CONDOMINUIM
      760 Copper Rd, Frisco, CO 80443-5229
      View Details

    Similar Nearby for Sale

    • $2,251,714
      0.28 Acres

      Frisco Main Street Commercial Property

      Historic Restaurant & Apartment Building
      121 Main St, Frisco, CO 80443
      View Details
    • $1,170,000
      2,250 SF

      9097 Flats

      Subdividable Into Three Units
      80 W Main St, Frisco, CO 80443
      View Details
    • Contact for pricing

      Versatile Commercial Space Near Copper

      Over 21,000 sqft near Copper Mountain with retail potential.
      760 Copper Rd, Frisco, CO 80443
      View Details
    • $1,699,000

      Secluded Mountain Land with Outbuilding

      75 acres of wilderness near Denver with development potential.
      26273 Richmond Hill Rd, Conifer, CO 80443
      View Details
    • $565,000

      Downtown Frisco Office/Commercial Opportunity

      Office/commercial space in downtown Frisco with mountain views.
      419 E Main St, Frisco, CO 80443
      View Details
    • $685,000
      1,320 SF

      Luxury Building Retail Opportunity

      New retail space in luxury building with fire pit.
      80 W Main St, Frisco, CO 80443
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Location Retail/Office Space

      Retail/office space with high visibility and easy highway access.
      719-815 Ten Mile Dr, Frisco, CO 80443
      View Details
    • Contact for pricing

      Copper Village Commercial Space

      Commercial spaces available in Copper Village near Copper Mountain.
      509 Copper Rd, Frisco, CO 80443
      View Details
    • Contact for pricing
      3,445 SF

      Restaurant Space on Main Street

      Fully built-out restaurant space with transferable liquor license available.
      419-423 E Main St, Frisco, CO 80443
      View Details
    • Contact for pricing

      Frisco Restaurant Space Available

      Fully built-out restaurant space with transferable liquor license on Main Street.
      409 E Main St, Frisco, CO 80443
      View Details
    • Contact for pricing

      West Lake Office Space

      Office space with private deck and heated garage access.
      800 Copper Rd, Frisco, CO 80443
      View Details
    • Contact for pricing

      Center Village at Copper Mountain

      Year-round adventure destination at Copper Mountain's Center Village.
      910 Copper Rd, Frisco, CO 80443
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    699 10 Mile Dr
    Frisco, CO 80443
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    699 10 Mile Dr, Frisco, CO, 80443
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!