Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2205 Cordillera Way Edwards, CO 81632-6290

    • Office Properties & Spaces
    • 3,339 SF
    • 1.13 lot acres
    OFF-MARKET
    Last Sale
    Dec 22, 2020
    Value Estimations
    $775,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0961931
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 2205 Cordillera Way

    Year built
    1993
    Lot size
    1.13 lot acres
    Property size
    3,339 SF
    Property type
    Office Properties & Spaces
    APN
    2107 014 01 034
    APU
    210701401034

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $690,000
      6.5%
      $640,000
      7%
      $590,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $800,000
      Market price range: $747k - $1.12M

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

    Location Insight

    • Map
    • Local Demand
    City
    Edwards
    County
    Eagle
    State
    Colorado
    Longitude
    -106.633
    Latitude
    39.6435
    CBSA code
    20780
    CBSA name
    EDWARDS, CO MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $21,413
    $85,120
    $180,620
    $265,740
    -
    $305,100
    $647,370
    $952,470

    Comparable in this City

    • Value Estimation by Request
      207 SF

      105 Edwards Vlg Blvde204

      OFFICE (GENERAL) • 207 SF
      105 Edwards Vlg Blvde204, Edwards, CO 81632-9917
      View Details
    • Value Estimation by Request
      873 SF

      97 Main St, Unit E204

      OFFICE (GENERAL) • 873 SF
      97 Main St, Edwards, CO 81632-8126
      View Details
    • Value Estimation by Request
      914 SF

      97 Main St, Unit W-203

      OFFICE (GENERAL) • 914 SF
      97 Main St, Edwards, CO 81632-8151
      View Details
    • Value Estimation by Request
      767 SF

      97 Main St, Unit W-206

      OFFICE (GENERAL) • 767 SF
      97 Main St, Edwards, CO 81632-8214
      View Details
    • Value Estimation by Request
      754 SF

      128 Main St, Unit C4

      OFFICE (GENERAL) • 754 SF
      128 Main St, Edwards, CO 81632-8135
      View Details
    • Value Estimation by Request
      1,192 SF

      34510 Us Hwy 6a9

      OFFICE (GENERAL) • 1,192 SF
      34510 Us Hwy 6a9, Edwards, CO 81632-5504
      View Details

    Similar Nearby for Sale

    • $390,000
      866 SF

      Edwards Office Space: Riverwalk Views

      Prime Edwards office, stunning river views, move-in ready.
      97 Main St, Edwards, CO 81632
      View Details
    • $610,500
      1,221 SF

      Mixed-Use Property in Edwards, CO

      Expansive mixed-use property in downtown Edwards with customization potential.
      137 Main St, Edwards, CO 81632
      View Details
    • $815,000

      Professional Office in Edwards Village

      Well-appointed office space in a vibrant village center.
      0105 Edwards Village Blvd, Edwards, CO 81632
      View Details
    • New
      $989,000
      1,835 SF

      Riverwalk Office with Conversion Potential

      Bright office space in Riverwalk with potential residential conversion.
      97 And E203, Edwards, CO 81632
      View Details
    • $350,000
      700 SF

      Edwards Village Second Floor Office

      Professionally designed office suite in Edwards Village, currently leased.
      105 Edwards Village Blvd, Edwards, CO 81632
      View Details
    • $995,000

      Cordillera Summit Buildable Land

      6.3-acre homesite in Cordillera with access to premier amenities.
      713 Webb Peak, Edwards, CO 81632
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr

      Avon Office Space For Rent

      Office space in Avon with offices and open work area.
      331 Metcalf Rd, Edwards, CO 81632
      View Details
    • $21 SF/Yr
      1,221 SF

      Edwards Office Space For Rent

      Office space in the heart of Edwards with great views.
      137 Main St, Edwards, CO 81632
      View Details
    • $50 SF/Yr
      3,815 SF

      Edwards Retail Space Available

      Prime Edwards location, 3,815 sq ft retail space.
      34353 Us Highway 6, Edwards, CO 81632
      View Details
    • $28 SF/Yr
      733 SF

      Edwards Retail Space For Rent

      Prime retail space in Edwards with high foot traffic.
      137 Main St, Edwards, CO 81632
      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.
    2205 Cordillera Way
    Edwards, CO 81632-6290
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.