REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1
Est. payment /mo
New
700 Red Table DR Gypsum, CO 81637
17,183 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 17,183 sqft
Price per Sqft $0
Subdivision Jules Drive Business Park
MLS Listing ID 1013174
HOA Y/N No
Year Built 2024
Annual Tax Amount $27,628
Tax Year 2025
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Multi Family
Source Vail Multi-List Service
Property Description
700 Red Table Drive is a newly built mixed-use property in the rapidly growing town of Gypsum, Colorado. Constructed in 2024, the building features 3,835 SF of fully leased commercial space across three units and 13 fully leased residential units, comprising seven two bedroom and six one-bedroom units. 12 of 13 residential units have offices, providing additional space for tenants. Spanning 17,183 SF, the property is strategically positioned along US HWY-6, a primary Eagle County corridor, and is just one mile from Interstate 70.
700 Red Table Drive benefits from its prime location, just 30 minutes west
of Vail and Beaver Creek ski resorts via I-70—two major economic drivers of Eagle County. Historically serving as a vital bedroom community, Gypsum, along with the neighboring town of Eagle, has experienced accelerated growth in recent years due to availability of land, affordable housing, and superior public-school options. From 2020 to 2023, the combined population of Eagle and Gypsum grew by 4.3%, a significant increase for a community of 16,224 residents. The property offers modern apartments in a market facing a significant housing shortage, attracting tenants with its recent construction, convenient commuting distance to up-valley employment centers, and access to year-round world-class recreation. Two of the three commercial units are leased, benefiting from high visibility along US HWY-6 and a scarcity of commercial space in the area, making them ideal for various businesses. A 2024 traffic impact study reports a daily traffic volume of 8,200 vehicles on US HWY-6, projected to increase to 12,500 vehicles by 2040.
700 Red Table Drive benefits from its prime location, just 30 minutes west
of Vail and Beaver Creek ski resorts via I-70—two major economic drivers of Eagle County. Historically serving as a vital bedroom community, Gypsum, along with the neighboring town of Eagle, has experienced accelerated growth in recent years due to availability of land, affordable housing, and superior public-school options. From 2020 to 2023, the combined population of Eagle and Gypsum grew by 4.3%, a significant increase for a community of 16,224 residents. The property offers modern apartments in a market facing a significant housing shortage, attracting tenants with its recent construction, convenient commuting distance to up-valley employment centers, and access to year-round world-class recreation. Two of the three commercial units are leased, benefiting from high visibility along US HWY-6 and a scarcity of commercial space in the area, making them ideal for various businesses. A 2024 traffic impact study reports a daily traffic volume of 8,200 vehicles on US HWY-6, projected to increase to 12,500 vehicles by 2040.
Location
State CO
County Eagle
Community Jules Drive Business Park
Area Gypsum
Zoning Market District
Interior
Heating Central
Exterior
Parking Features Parking Lot
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Trash, Water Available
Roof Type Asphalt
Building
Foundation Poured in Place
Lot Size Range 1.0
Others
Tax ID 2111-042-02-007
Listed by Fortius Commercial Advisors