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Leased Gas Station with Food Trucks
New
For Sale
$2,300,000

23 Mel Rey Rd, Glenwood Springs, CO 81601

Fuel service property with two food trucks and an adjacent lot included.

Property Size2,120 SF
Days on Market3

Property Features for 23 Mel Rey Rd

General Information

Standard status Active
Size 2,120 SF
Property subtype Commercial
Occupancy 100%

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $9,707

Building Details

Building Size 2,120 SF
Year Built 1965
Listing Agency: The Agency Aspen
Listed By: Chris Flynn · License #ER.40014021
Source: Elliman
Added: Sep 10 Last Checked: Sep 11 at 7:47AM

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 The Agency Aspen

Investment Insights

Based on property information with market context.

Built in 1965, this gas station property provides fuel services and is fully leased. Two food trucks operate on a portion of the associated vacant lot, adding an additional commercial use to the site.

The property is positioned at the West Glenwood roundabout in Glenwood Springs, with the adjacent lot included in the sale. That additional parcel provides room for future development, subject to applicable approvals and requirements. Walkability and bicycle access are limited, with a Walk Score of 43 and BikeScore of 49.

Key Highlights

  • Fully leased gas station property with fuel services
  • Two food trucks occupy part of the vacant lot
  • Adjacent lot included in the sale

Property Analytics

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Current Use

Gas stations

Suggested Use

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

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

100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby
106k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 50% Dining 33% Home Improvements & Furnishings 9% Apparel 4%
Kum & Go Shops & Services
26,122 visits/mo 0.2 miles
Arby's Dining
21,749 visits/mo 0.0 miles
Culver's Dining
13,457 visits/mo 0.1 miles
Tractor Supply Co. Home Improvements & Furnishings
9,636 visits/mo 0.3 miles
Conoco Shops & Services
6,001 visits/mo 0.2 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Fuel service property with two food trucks and an adjacent lot included.
Where is this gas station located?
The property is located at 23 Mel Rey Rd Glenwood Springs, CO.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Fully leased gas station property with fuel services; Two food trucks occupy part of the vacant lot; Adjacent lot included in the sale
More about this property
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