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    51579 Hwy, Unit 6 & 24 Glenwood Springs, CO 81601

    Under Contract
    For Sale
    $5,500,000

    COMMERCIAL - Glenwood Springs, CO

    Lot size:
    3.00 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 7 at 10:06 pm

    Property Features for 51579 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    M-1
    APN
    218505343002
    Fencing
    Fenced
    Lot size
    3.00 Acres

    Utilities

    Water source
    Public

    Bullock & Hinkey Real Estate (970) 384-2030 [email protected]

    Listing agent Kelly R McKee (970) 618-0901

    Listing date Nov 19, 2025

    Copyright © 2025 Aspen/Glenwood Springs MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Glenwood Springs Commercial Development Opportunity

    This property represents a development opportunity in Glenwood Springs. The land is zoned M-1, which allows for a mix of commercial and residential uses, including townhomes, multifamily dwellings, bed and breakfasts, grocery stores, liquor stores, retail and personal services, healthcare facilities, educational facilities, food and beverage establishments, professional offices and services, lodging facilities, indoor recreation and entertainment, and exterior recreation. The property, consisting of two parcels being sold together, is positioned in a high-traffic location with visibility from both I70 and Highway 6 & 24. This location offers accessibility for businesses and developers seeking exposure in the area. The lot size is 3 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Glenwood Springs
    County
    Garfield
    State
    Colorado
    Longitude
    -107.353101
    Latitude
    39.562211

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land for development in Glenwood Springs, Colorado.
    Where is this commercial land located?
    The property is located at 51579 Hwy, Unit 6 & 24 Glenwood Springs, CO.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Prime, high-traffic location visible from I70 and Highway 6 & 24.; - M-1 zoning allows for a wide mix of commercial and residential uses.; - Rare development opportunity in a highly desired Glenwood Springs location.
    (970) 618-0901
    Request Owner's contact information
    51579 Hwy, Unit 6 & 24 Glenwood Springs, CO 81601
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    Glenwood Springs, CO 81601
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    Realmo Value Estimation

    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.

    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.

    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
    51579 Hwy, Unit 6 & 24 Glenwood Springs, CO 81601
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