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Build-to-Suit Flex Space
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151 Mel Rey Road, Glenwood Springs, CO 81601

Designable commercial space near the West Glenwood I-70 interchange.

Property SizeContact for details
Days on Market6

Property Features for 151 Mel Rey Road

General Information

Standard status Active

Additional Details

Highway Access Yes
Listing Agency: Douglas Elliman Real Estate-Willits
Listed By: Gabe Molnar · License #FA100095642
Source: Aspenexperts
Added: Sep 5 Last Checked: Sep 9 at 10:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate-Willits

Investment Insights

Based on property information with market context.

This build-to-suit flex space offers a customizable commercial format for warehouse, distribution, office, retail, live/work, or combined uses. Conceptual plans currently envision approximately 5,000 SF, while the layout remains adaptable to operational requirements.

The site is located at 151 Mel Rey Road in Glenwood Springs, approximately one minute from the West Glenwood I-70 interchange. Its position is roughly equidistant from Aspen and Vail, supporting businesses serving the surrounding resort markets and the local community. Construction is expected to move forward promptly once final terms are established.

Key Highlights

  • Approximately 5,000 SF conceptual build‑to‑suit plan
  • About 1 minute from the West Glenwood I‑70 interchange
  • Roughly equidistant to Aspen and Vail

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Pharmacy (Bike/Boat/Book/etc) Store Furniture & Home Goods Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby
Under-served
Demand for This Use

Demographics for 81601, CO

16,484
Population
6,491
Households
2.5
Avg Household Size
38
Median Age
41%
College-Educated
88%
High-School Grad
367.6 sq mi
ZIP Area
45
Density / Sq Mi
$103,632
Median Household Income
$45,271
Median Earnings
$1,812
Median Rent
$726,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Designable commercial space near the West Glenwood I-70 interchange.
Where is this flex space located?
The property is located at 151 Mel Rey Road Glenwood Springs, CO.
What are key features of this property?
This property features: Approximately 5,000 SF conceptual build‑to‑suit plan; About 1 minute from the West Glenwood I‑70 interchange; Roughly equidistant to Aspen and Vail
More about this property
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