Multi-Unit Warehouse with Overhead
6702 Highway 82 Glenwood Springs, CO 81601
For Sale
Under Contract
$1,950,000
COMMERCIAL - Glenwood Springs, CO
Property Size4,000 SF
Lot Size1.69 Acres
Price / SF$487.50
Days on Market12
Property Features for 6702 Highway 82
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial Limited
Standard status
Active Under Contract
APN
239501100013
Size
4,000 SF
Lot size
1.69 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
M2B in Lot 8 Section 1, T7S, R89W of the 6th P.M. containing 1.69 acres or less, described in the Garfield property record as Section 1, Township 7 Range 89 TR in Lot 8.
Tax Annual Amount
15522
Utilities
Water source
Well
Building Details
Year built
1994
Building materials
Steel Frame
Roof type
Metal
Listing Agency:
Coldwell Banker Mason Morse-Willits
(970) 927-3000
Listed By:
Bronwyn Anglin · License #FA100029411
(970) 948-7532
Added: Jul 18
Changed: Jul 24
Last Checked: Jul 29 at 1:06PM
MLS# 193865
Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property features a 4,000-square-foot warehouse divided into four separately metered units. Each unit includes one overhead door and one walk-through door, providing flexible options for storage and light office needs. Units 1, 3, and 4 have been updated and include a 2-story kitchen, bathroom, office space, along with an additional 500-square-foot warehouse area with a loft. Unit 2 includes warehouse space plus a back room and bathroom.
The site is positioned between Carbondale and Glenwood Springs with fast and easy access to Highway 82, and it offers Mt. Sopris views. The property is zoned Commercial Limited.
A flat site above the warehouse is accessible by a short driveway, allowing for potential future additional warehouse or residential construction.
The site is positioned between Carbondale and Glenwood Springs with fast and easy access to Highway 82, and it offers Mt. Sopris views. The property is zoned Commercial Limited.
A flat site above the warehouse is accessible by a short driveway, allowing for potential future additional warehouse or residential construction.
Key Highlights
- 1.69‑acre property with a 4,000 SF warehouse divided into 4 separately metered units
- Each unit includes 1 overhead door and 1 walk‑through door
- Steel frame construction; metal roof; built in 1994
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.8k | $21.96 |
| − Vacancy | −$12.3k | −$3.07 |
| EGI | $75.5k | $18.89 |
| − OpEx | −$18.9k | −$4.72 |
| NOI | $56.7k | $14.16 |
4,000 SF · lease $21.96/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$809.4K
$708.2K – $944.3K
NOI $56,657 @ 7.0% cap · market cap 2.91%
Second Best
Flex RnD
$570.9K
$499.5K – $666.0K
NOI $39,962 @ 7.0% cap · market cap 2.05%
Theoretical Best
Office A
$1.05M
$916.6K – $1.22M
NOI $73,329 @ 7.0% cap · market cap 3.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse property divided into four separately metered units, each with an overhead door and walk-through door.
Where is this flex space located?
The property is located at 6702 Highway 82 Glenwood Springs, CO.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 1.69‑acre property with a 4,000 SF warehouse divided into 4 separately metered units; Each unit includes 1 overhead door and 1 walk‑through door; Steel frame construction; metal roof; built in 1994
