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    505 Bear Creek Ave Morrison, CO 80465

    For Sale
    $1,295,000

    12,677 SF development site near Red Rocks Amphitheater.

    Property size:
    12,677 SF
    Lot size:
    2.17 Acres

    Property Features for 505 Bear Creek Ave

    General Information

    Size
    12,677 SF
    Lot size
    2.17 Acres

    Source: Fuller Real Estate Agent John Becker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Site Near Red Rocks

    This 12,677 square foot development site is located on the main street of Morrison, Colorado, one block from the entrance to Red Rocks Amphitheater. The property includes a 1,572 square foot structural brick building, constructed in 1885, that formerly operated as a liquor store. The building features a double storefront and has a recently replaced furnace, but is currently in gutted condition. The property is zoned for historic downtown (HD) overlay, which allows for uses by right including a bar, brewery, distillery, triplexes, office, small retail, or restaurant. Conditional uses include a bed and breakfast, hotels, large retail, medical facilities, or daycare. This site is located on Bear Creek Avenue.
    Insight Report Location Intelligence

    Current Use by Public Records

    Morrison Liquor Liquor Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Building Supply Auto Repair Shop Auto Parts Store Clothing Store Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morrison
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.1924542
    Latitude
    39.6544676

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    FAQs

    What type of property is this?
    Land - 12,677 SF development site near Red Rocks Amphitheater.
    Where is this land located?
    The property is located at 505 Bear Creek Ave Morrison, CO.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: - Prime development site: 12,677± SqFt in Morrison, Colorado.; - Excellent location: On busy main street, near Red Rocks Amphitheater entrance.; - Historic Downtown (HD) overlay zoning: Allows for various uses by right (Bar, brewery, triplexes, office, retail, restaurant).
    (303) 888-7909
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    505 Bear Creek Ave Morrison, CO 80465
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    Morrison, CO 80465
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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
    505 Bear Creek Ave Morrison, CO 80465
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