Stand-Alone Commercial
5015 Morrison Road Denver, CO 80219
5015 Morrison Road, Denver, CO, 80219
Contact for pricing
For Sale
Contact for pricing
Move-in ready stand-alone building with a built-out basement and on-site plus street parking along a high-traffic corridor.
Property Size1,475 SF
Price / SF$335.59
Days on Market91
Property Features for 5015 Morrison Road
General Information
- Standard status
- Active
- Size
- 1,475 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1943
Listing agency
Unique Properties, Inc
(720) 347-9512
Listed by
Graham Trotter · License #CO FA100084828
Source
Crexi
Added: Apr 23 Updated: Jul 21 at 8:25PM Checked: Jul 21 at 8:25PM
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 Unique Properties, Inc
Investment Insights
Based on property information with market context.
5015 Morrison Road is a move-in ready, stand-alone commercial building offering an efficient, functional layout suitable for a range of office, retail, or service uses. The fully built-out basement provides additional usable space for day-to-day operations.
The property is located on one of Westwood’s most trafficked corridors, with visibility and signage exposure along Morrison Road. Convenient parking is available on-site, along with ample street parking for staff and visitors.
The offering includes a stand-alone site configuration with both on-site and street parking, plus a fully finished basement to expand the building’s usable footprint.
The property is located on one of Westwood’s most trafficked corridors, with visibility and signage exposure along Morrison Road. Convenient parking is available on-site, along with ample street parking for staff and visitors.
The offering includes a stand-alone site configuration with both on-site and street parking, plus a fully finished basement to expand the building’s usable footprint.
Key Highlights
- Stand‑alone building built in 1943
- Move‑in ready with an efficient, functional layout for office, retail, or service use
- Fully built‑out basement adds additional usable square footage
Local 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 | $38.9k | $26.40 |
| − Vacancy | −$5.7k | −$3.88 |
| EGI | $33.2k | $22.52 |
| − OpEx | −$8.3k | −$5.63 |
| NOI | $24.9k | $16.89 |
1,475 SF · lease $26.40/SF/yr · vacancy 14.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$355.9K
$311.4K – $415.2K
NOI $24,912 @ 7.0% cap · market cap 5.03%
Second Best
Retail
$306.7K
$268.3K – $357.8K
NOI $21,466 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$420.8K
$368.2K – $490.9K
NOI $29,453 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Westwood Animal Hospital
Veterinary Clinic
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Move-in ready stand-alone building with a built-out basement and on-site plus street parking along a high-traffic corridor.
Where is this office building located?
The property is located at 5015 Morrison Road Denver, CO.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Stand‑alone building built in 1943; Move‑in ready with an efficient, functional layout for office, retail, or service use; Fully built‑out basement adds additional usable square footage