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Property profile & analytics

801 Blake Ave Glenwood Springs, CO 81601-3423

  • Commercial real estate
  • 1,320 SF
  • 0.05 lot acres
OFF-MARKET
Last Sale
Oct 10, 2024
$700,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US13-0049531
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 801 Blake Ave

Year built
1956
Construction
METAL FRAME
Lot size
0.05 lot acres
Property size
1,320 SF
Property type
Commercial real estate
APN
218509413011
APU
218509413011

Description

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.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Glenwood Springs
County
Garfield
State
Colorado
Longitude
-107.323
Latitude
39.5465
CBSA code
24060
CBSA name
GLENWOOD SPRINGS, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,678
$75,330
$28,230
$103,560
-
$270,000
$101,190
$371,190
More about this property
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