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    4890 Morrison Rd Denver, CO 80219

    Sponsored
    For Sale
    $7,500,000

    High-performing used car business & real estate.

    Property size:
    11,768 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional investment opportunity presents a thriving, established used car dealership in Denver, Colorado. The property encompasses five single-story buildings totaling 11,768 square feet of net rentable space, situated on a substantial 67,934 square foot lot. Built in 1953 and 1962, and extensively renovated in 2021, the property boasts 100% occupancy. The business consistently sells over 100 vehicles monthly, demonstrating a strong and reliable revenue stream within the consumer staple market of reliable transportation. The dealership holds the #1 position as an independent seller of used Subaru vehicles in the area. This presents a unique opportunity to acquire both a successful, high-performing business and valuable real estate. The property is zoned E-MX-3, UO-1, and UO-2, offering potential for expansion or complementary business additions. Asking price is $7,500,000, with a price per square foot of $637.32. Located at 4890 Morrison Rd, Denver, CO 80219, this property offers significant potential for continued growth and profitability. The address is conveniently located in Denver County.

    Property Features for 4890 Morrison Rd

    General Information

    Property type
    Retail properties
    Square Feet
    11,768 SF

    Building Details

    Year Built/Renovated
    1953/2021
    Buildings
    5
    Stories
    1

    HighLights

    • $7,500,000 asking price for a retail property.
    • 11,768 square feet of net rentable space.
    • $637.32 price per square foot.
    • 100% occupancy.
    • Five buildings totaling 11,768 square feet, built in 1953 & 1962, renovated in 2021.
    • 67,934 square foot lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    All Wheel Drive ... Used Car Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -105.0496491
    Latitude
    39.6990478

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    FAQs

    What type of property is this?
    Retail property - High-performing used car business & real estate.
    Where is this retail property located?
    The property is located at 4890 Morrison Rd Denver, CO.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: $7,500,000 asking price for a retail property.; 11,768 square feet of net rentable space.; $637.32 price per square foot.
    (303) 962-9552
    Request Owner's contact information
    4890 Morrison Rd Denver, CO 80219
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    Denver, CO 80219
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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
    4890 Morrison Rd Denver, CO 80219
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