33885 U.S. 6, Edwards, CO 81632

Property Description

Located in the heart of Edwards, Stoneyard is the only stabilized outdoor storage yard in the Vail Valley with full occupancy, with all tenants in the property for over 5 years. The location is adjacent to the new West End development and may be the last commercially developable site in Edwards. Currently fully leased with $289,000 in annual income and a 6% cap. No tenants have left in over 5 years. This could be an ideal redevelopment with Commercial General Zoning, the broadest zoning available. Stone Yard is a fully approved subdivision, and engineering plans support a large-scale development and can support a building up to 55,000 sq. ft. within setbacks and height limits. Supply is fixed at one, with no other outdoor storage available in Edwards. Demand is driven by ongoing construction, remodeling, and maintenance needs.