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    51993 Hwy, Unit 6 & 24 Glenwood Springs, CO 81601

    Under Contract
    For Sale
    $4,900,000

    COMMERCIAL - Glenwood Springs, CO

    Lot size:
    3.93 Acres
    Days on Market:
    458
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 51993 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    M1
    APN
    see docs tab
    Fencing
    Fenced
    Lot size
    3.93 Acres

    Building Details

    Additional Structures
    Greenhouse

    Coldwell Banker Mason Morse Real Estate (970) 925-7000 [email protected]

    Listing agent Jerome Whalen (970) 274-1765

    Listing date Sep 5, 2024

    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 Opportunity

    This 3.93-acre property in Glenwood Springs presents a commercial opportunity with M1 zoning, allowing for a variety of uses. Permitted uses include contractor offices, equipment storage, single-family or multifamily development, retail sales, restaurants, and hotels. The property offers access to Highway 6 & 24 and exposure to Interstate 70. Currently, the site includes two single-family homes and a commercial space. This location may be suitable for employee housing.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Glenwood Springs
    County
    Garfield
    State
    Colorado
    Longitude
    -107.345922
    Latitude
    39.560825

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    FAQs

    What type of property is this?
    Commercial land - Four acres in Glenwood Springs with diverse development possibilities.
    Where is this commercial land located?
    The property is located at 51993 Hwy, Unit 6 & 24 Glenwood Springs, CO.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: - Highway 6 & 24 access and Interstate 70 exposure; - Four acres of land with development opportunities; - Zoning allows for diverse uses (contractor offices, retail, restaurants, hotel, single/multi-family)
    (970) 274-1765
    Request Owner's contact information
    51993 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
    51993 Hwy, Unit 6 & 24 Glenwood Springs, CO 81601
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