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    For Sale (26)

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    Colorado Mountain Land with Cabin
    $119,000
    4.58 Acres

    Colorado Mountain Land with Cabin

    Private 4.5+ acre mountain property with cabin and utilities.

    1738 12Th Trl, Cotopaxi, CO 81223
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    Colorado Mountain Land with Cabin
    $205,000
    35.12 Acres

    Colorado Mountain Land with Cabin

    35-acre mountain property near Canon City with cabin.

    155 Horse Thief Gulch Rd, Canon City, CO 81212
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    Land with Utilities in Cotopaxi
    $169,000
    2.46 Acres

    Land with Utilities in Cotopaxi

    2+ acre property with well, septic, electric, cabin, and shed.

    1446 13Th Trl, Cotopaxi, CO 81223
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    Multifamily Investment in Cotopaxi, CO
    $1,195,000
    8.15 Acres

    Multifamily Investment in Cotopaxi, CO

    7-unit apartment complex with land, parking, and strong rental demand.

    20180 Us Highway 50, Cotopaxi, CO 81223
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    Rolling 35 Acres Near Lake Pueblo
    $85,000
    35.10 Acres

    Rolling 35 Acres Near Lake Pueblo

    35 acres with mountain views, grazing land, and utilities.

    Pope Vly Rd, Pueblo, CO 81005
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    Main Street Commercial Space Available
    $349,900
    0.12 Acres

    Main Street Commercial Space Available

    Flexible commercial space in a prime Main Street location.

    1118 Main St, Canon City, CO 81212
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    Pueblo Land with Mountain Views
    $85,000
    31.10 Acres

    Pueblo Land with Mountain Views

    31.1 acres near Pueblo with mountain views and grazing land.

    Pope Vly Rd, Pueblo, CO 81005
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    Westcliffe Land with Mountain Views
    $62,000
    5.93 Acres

    Westcliffe Land with Mountain Views

    5.93 acres ready for development with creek and power.

    309 Choctaw Trl, Westcliffe, CO 81252
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    Ready-to-Build Land with Mountain Views
    $259,000
    35.00 Acres

    Ready-to-Build Land with Mountain Views

    35-acre parcel with well, septic, and power installed.

    303 Peak Vw Pl, Canon City, CO 81212
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    Colorado Mountain Land with Views
    $119,000
    4.58 Acres

    Colorado Mountain Land with Views

    Private 4.5+ acre mountain property with well and septic.

    1738 12Th Trl, Cotopaxi, CO 81223
    View details
    Westcliffe, Colorado Wedding Venue/Ranch
    $4,750,000
    84.94 Acres

    Westcliffe, Colorado Wedding Venue/Ranch

    Turnkey wedding venue and ranch retreat on 84 acres.

    701 County Road 120, Westcliffe, CO 81252
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    Westcliffe Land with Mountain Views
    $62,000
    5.93 Acres

    Westcliffe Land with Mountain Views

    5.93 acres ready for development with mountain views and creek.

    309 Choctaw Trl, Westcliffe, CO 81252
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    42+ Acres in Delilah Peaks
    $185,000
    42.00 Acres

    42+ Acres in Delilah Peaks

    Private, gated community with mountain views and excavated building site.

    Taylor Trl, Canon City, CO 81212
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    Usable Mountain Land in Canon
    $145,000
    45.90 Acres

    Usable Mountain Land in Canon

    45.9 acre parcel with varied terrain and open views.

    Chris Crossover, Canon City, CO 81212
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    Ready-to-Build Mountain Property
    $340,000
    35.52 Acres

    Ready-to-Build Mountain Property

    35-acre mountain parcel with utilities and San Isabel access.

    380 Buck Ridge Rd, Canon City, CO 81212
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    Multifamily Investment Opportunity in Cotopaxi
    $1,195,000
    8.15 Acres

    Multifamily Investment Opportunity in Cotopaxi

    Seven-unit apartment complex with land, parking, and strong rental demand.

    20180 Us Highway 50, Cotopaxi, CO 81223
    View details
    Historic Building in Florence's Golden Block
    $345,000
    0.08 Acres

    Historic Building in Florence's Golden Block

    Refurbished commercial building in Florence's thriving downtown district.

    111 W Main St, Florence, CO 81226
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    Mixed-Use Building in Canon City
    $625,000
    0.64 Acres

    Mixed-Use Building in Canon City

    Mixed-use property with commercial and residential units near downtown.

    1415 Main St, Canon City, CO 81212
    View details
    Cotopaxi Land with Utilities
    $169,000
    2.46 Acres

    Cotopaxi Land with Utilities

    2+ acre property with well, septic, electric, cabin, and shed.

    1446 13Th Trl, Cotopaxi, CO 81223
    View details
    Spruce Basin 10-Acre Land Parcel
    $110,000
    10.07 Acres

    Spruce Basin 10-Acre Land Parcel

    10 acres near public lands, sheds, well, and mountain views.

    173 Homestead Rd, Cotopaxi, CO 81223
    View details
    Colorado Riverfront Land with Mobile Home
    $775,000
    6.16 Acres

    Colorado Riverfront Land with Mobile Home

    Riverfront property with updated mobile home, barn, and pasture.

    9815 Us Highway 50, Howard, CO 81233
    View details
    Mountain Property with Highway Access
    $205,000
    35.12 Acres

    Mountain Property with Highway Access

    35-acre mountain property near Canon City with year-round access.

    155 Horse Thief Gulch Rd, Canon City, CO 81212
    View details
    35 Acres with Mountain Views
    $135,000
    35.16 Acres

    35 Acres with Mountain Views

    Land with multiple level building spots and quiet surroundings.

    615 Rosebush Rd, Canon City, CO 81212
    View details
    Ready-to-Build Mountain Property
    $340,000
    1,547,251 SF

    Ready-to-Build Mountain Property

    35-acre mountain property with utilities and Sangre de Cristo views.

    380 Buck Ridge Rd, Canon City, CO 81212
    View details
    Historic Building in Florence's Golden Block
    $345,000

    Historic Building in Florence's Golden Block

    Historic commercial building in Florence's thriving downtown district.

    111 W Main St, Florence, CO 81226
    View details
    Versatile Mountain Property in Cotopaxi
    $169,000

    Versatile Mountain Property in Cotopaxi

    2+ acre mountain property with utilities and existing structures.

    1446 13Th Trl, Cotopaxi, CO 81223
    View details

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    CHERRY CREEK PROPERTIES
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    CHERRY CREEK PROPERTIES
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