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Property profile & analytics
OFF-MARKET Estimated value $600,000
Banks

15 Benchmark Rd Avon, CO 81620-5436

18,499 SF 0.85 ac lot Built 1994
Entity Owned Absentee Owner Free & Clear
Property ID
US13-1089338
Property summary
AI-generated overview

This exceptional 18,499-square-foot freestanding office building presents a unique investment opportunity in the heart of Avon, Colorado. Situated on a 0.85-acre lot, this property enjoys unparalleled convenience, being within walking distance of Avon's vibrant amenities. These include a diverse selection of restaurants, shops, hotels, and professional services, as well as Nottingham Park. Its strategic location offers easy access to major transportation arteries, including I-70 and US Highway 6, and proximity to the Westin Riverfront Gondola. Furthermore, the property's location less than 500 feet from Avon Station provides seamless access to Eagle County's public transportation network, encompassing both local and statewide bus routes. A significant advantage is the inclusion of a new, five-year triple-net (NNN) lease for approximately 5,052 square feet on the first floor, commencing at a market rate of $27 per square foot annually. The remaining 13,447 square feet is delivered vacant, offering flexibility for the new owner. This space can be utilized for the owner's own operations, leased to other office tenants, or even converted to residential use, a permitted option under the Town Center zoning regulations. This presents a compelling blend of immediate income generation and long-term development potential in a highly desirable location. The property's prime location and versatile space make it an attractive proposition for a variety of uses and investment strategies.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1994
Total area 18,499 SF
Lot 0.85 ac (37,026 SF)
APN 2105 122 03 010
UPID US13-1089338
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$600k
Owner & transaction history
AVON 56
AVON 56
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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