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Property profile & analytics
OFF-MARKET
Commercial real estate

801 Blake Ave Glenwood Springs, CO 81601-3423

1,320 SF 0.05 ac lot Built 1956
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US13-0049531
Property summary
AI-generated overview

This exceptional 0.05-acre commercial lot, located at 801 Blake Avenue in Glenwood Springs, Colorado, presents a unique investment opportunity. Priced at $797,000, this property boasts a prime location in the heart of downtown, offering unparalleled commercial exposure and significant development potential. Currently zoned M2, the property allows for a variety of uses, including the possibility of adding short-term or long-term residential rentals to upper levels, should the buyer choose to develop vertically. The existing structure, a quaint retail space, offers immediate income potential or a platform for redevelopment. Its charming character complements the vibrant downtown atmosphere, making it an ideal location for a variety of businesses. The property's strategic position provides easy access to Glenwood Springs' amenities, ensuring high visibility and foot traffic. Utilities are readily available, simplifying the development process. This is a rare chance to acquire a highly desirable commercial property in a thriving Colorado mountain town. The property's location within the M2 zoning district provides flexibility for future development plans, making it an attractive investment for both seasoned developers and entrepreneurs seeking a foothold in a dynamic market. Don't miss this opportunity to capitalize on the growth and potential of Glenwood Springs. The zip code is 81601, and the property is situated in Garfield County.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1956
Construction METAL FRAME
Total area 1,320 SF
Lot 0.05 ac (2,250 SF)
APN 218509413011
UPID US13-0049531
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
801 Blake LLC · 1 yrs held
801 Blake LLC
since 2025
Last sale
$700,000
1 recorded transaction
2025
$700,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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