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    For Sale (50)

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    Pagosa Springs Residential Land
    $110,000
    6.70 Acres

    Pagosa Springs Residential Land

    6.7 acre residential land in Pagosa Springs, Colorado.

    232 Suttles Pl, Pagosa Springs, CO 81147
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    Off-Grid Solitude Property
    $35,000
    1.42 Acres

    Off-Grid Solitude Property

    1.42 acre residential land 30 minutes from Pagosa Springs.

    495 Dr Justin's, Pagosa Springs, CO 81147
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    Pagosa Springs Residential Land
    $125,900
    0.49 Acres

    Pagosa Springs Residential Land

    Two combined parcels with mountain views, ideal for custom home.

    19 Monte Vista Dr, Pagosa Springs, CO 81147
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    Pagosa Springs Wooded Residential Land
    $39,500
    2.08 Acres

    Pagosa Springs Wooded Residential Land

    2.06 acre wooded residential land on a cul-de-sac.

    149 Engineer Pt, Pagosa Springs, CO 81147
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    Acre Lot in Pagosa Springs
    Contact for pricing
    1.00 Acre

    Acre Lot in Pagosa Springs

    A one-acre lot, ideal for off-grid mountain living.

    116 Hakala Ct, Pagosa Springs, CO 81147
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    Income-Producing Commercial Property For Sale
    $790,000
    5,558 SF

    Income-Producing Commercial Property For Sale

    Commercial property in Pagosa Springs with income and value-add opportunity.

    2115 Eagle Dr, Pagosa Springs, CO 81147
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    Residential Lot in Pagosa Springs
    $60,000
    0.31 Acres

    Residential Lot in Pagosa Springs

    Treed lot near uptown amenities, backing to greenbelt.

    144 Woodridge Cir, Pagosa Springs, CO 81147
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    Residential Lot in Pagosa Springs
    $60,000
    0.25 Acres

    Residential Lot in Pagosa Springs

    Treed lot near uptown amenities, backing to greenbelt.

    124 Woodridge Cir, Pagosa Springs, CO 81147
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    Wooded Lot in Pagosa Springs
    $39,900
    0.28 Acres

    Wooded Lot in Pagosa Springs

    Wooded lot with utilities in a desirable subdivision.

    78 Heather Pl, Pagosa Springs, CO 81147
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    Pagosa Springs Residential Land
    $199,000
    5.51 Acres

    Pagosa Springs Residential Land

    5.5 acre residential land near National Forest.

    2409 Loma Linda Dr, Pagosa Springs, CO 81147
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    Pagosa Springs Wooded Acreage
    $235,000
    5.24 Acres

    Pagosa Springs Wooded Acreage

    5.24 acres in Pagosa Springs with city utilities.

    352 Blanca Pl, Pagosa Springs, CO 81147
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    Residential Land in Gated Community
    $125,000
    0.57 Acres

    Residential Land in Gated Community

    Residential land in uptown Pagosa Springs with lake views.

    31 Capstone Cir, Pagosa Springs, CO 81147
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    South Fork Multi-Family Development Lot
    $78,000
    1.00 Acre

    South Fork Multi-Family Development Lot

    One-acre lot zoned for medium-density multi-family residential development.

    117 Bonnaville Dr, South Fork, CO 81154
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    Residential Lot with Mountain Views
    $221,000
    5.27 Acres

    Residential Lot with Mountain Views

    Private 5.27-acre lot with mountain views in Pagosa Springs.

    128 S Feather Ct, Pagosa Springs, CO 81147
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    35-Acre Mountain View Parcel
    $180,000
    35.26 Acres

    35-Acre Mountain View Parcel

    Residential land with mountain views, community well, and electricity.

    X Rockcliff Cir, Pagosa Springs, CO 81147
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    South Fork Commercial Land Opportunity
    $995,000
    10.03 Acres

    South Fork Commercial Land Opportunity

    10+/- acres of commercial land with highway frontage and mountain views.

    Park Dr, South Fork, CO 81154
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    Pagosa Springs Residential Lot
    $175,000
    3.00 Acres

    Pagosa Springs Residential Lot

    Three-acre residential lot with lake access and mountain views.

    331 Spg Crk Cir, Pagosa Springs, CO 81147
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    Pagosa Springs Camper with Storage
    $159,000
    1.00 Acre

    Pagosa Springs Camper with Storage

    Turn-key mountain getaway with camper, deck, and storage.

    1207 Westview Rd West, Pagosa Springs, CO 81147
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    Mountain Top Off-Grid Living
    $250,000
    27.40 Acres

    Mountain Top Off-Grid Living

    Unique mountain retreat with sweeping views and off-grid capabilities.

    817 Far Vw, Pagosa Springs, CO 81147
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    Premier Homesite with San Juan Views
    $189,900
    3.33 Acres

    Premier Homesite with San Juan Views

    3-acre homesite with views of Navajo Peak and Banded Peaks.

    778 W Arbol Park Dr, Pagosa Springs, CO 81128
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    Lakefront Lot with Mountain Views
    $625,000
    3.00 Acres

    Lakefront Lot with Mountain Views

    Premium 3-acre lakefront lot with stunning mountain views.

    119 La Ventana Pl, Pagosa Springs, CO 81147
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    Chromo Land with Hot Springs
    $98,499
    3.20 Acres

    Chromo Land with Hot Springs

    3.20-acre lot with hot springs near Pagosa Springs, CO.

    311 E Arbol Park Dr, Pagosa Springs, CO 81147
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    Waterfront Lot Near Uptown
    $199,000
    0.24 Acres

    Waterfront Lot Near Uptown

    0.24-acre waterfront lot near uptown Pagosa Springs.

    147 Island Pl, Pagosa Springs, CO 81147
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    Aspen Springs Buildable Lot
    Contact for pricing
    1.20 Acres

    Aspen Springs Buildable Lot

    Affordable 1.2-acre lot near Highway 160, close to Pagosa Springs.

    267 River Run Dr, Pagosa Springs, CO 81147
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    Pagosa Springs Residential Land
    $269,900
    5.01 Acres

    Pagosa Springs Residential Land

    Scenic 5.01-acre vacant land with utilities and wildlife.

    3169 Meadows Dr, Pagosa Springs, CO 81147
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    Pagosa Springs Wooded Residential Land
    $69,000
    3.66 Acres

    Pagosa Springs Wooded Residential Land

    3.66-acre wooded parcel perfect for a dream home.

    154 Engineer Pt, Pagosa Springs, CO 81147
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    7-Acre Meadow for Horse Lovers
    $285,000
    7.09 Acres

    7-Acre Meadow for Horse Lovers

    7-acre meadow perfect for horses, close to town.

    75 Ironwood Dr, Pagosa Springs, CO 81147
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    Land in Chris Mountain Village
    $30,000
    0.23 Acres

    Land in Chris Mountain Village

    Homesite in Pagosa Springs near trails, hot springs, and skiing.

    1185 Trails Blvd, Pagosa Springs, CO 81147
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    Riverfront Land in Pagosa Springs
    $200,000
    2.09 Acres

    Riverfront Land in Pagosa Springs

    Two-acre wooded lot with 180 feet of river frontage.

    718 Estates Cir, Pagosa Springs, CO 81147
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    Pagosa Springs Residential Land
    $75,000
    3.00 Acres

    Pagosa Springs Residential Land

    3-acre lot with mountain views and hot springs access.

    265 Spg Crk Cir, Pagosa Springs, CO 81147
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    Restaurant, Home, Barn on 4+ Acres
    $1,300,000
    6,986 SF

    Restaurant, Home, Barn on 4+ Acres

    Restaurant, residence, and barn on 4.12 acres near Wolf Creek.

    3821A E Us Hwy 160 Hwy, Pagosa Springs, CO 81147
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    Homesite with Amazing Views
    $34,900
    0.22 Acres

    Homesite with Amazing Views

    Residential land in Pagosa Springs with great views.

    31 Warbler Ct, Pagosa Springs, CO 81147
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    Hunter Paradise Near National Forest
    $1,299,000
    160.00 Acres

    Hunter Paradise Near National Forest

    160 acres bordering National Forest, ideal for hunting and building.

    29736 State Hwy 151, Chimney Rock, CO 81147
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    Wooded Lot Ready for Development
    $79,999
    1.00 Acre

    Wooded Lot Ready for Development

    1-acre wooded lot with utilities near town.

    1205 Ute Dr, Pagosa Springs, CO 81147
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    Pagosa Springs Rim Lot
    $400,000
    5.30 Acres

    Pagosa Springs Rim Lot

    Residential lot with panoramic views and paved road access.

    2626 S Pagosa Blvd, Pagosa Springs, CO 81147
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    Acre Lot in Pagosa Springs
    Contact for pricing
    1.03 Acres

    Acre Lot in Pagosa Springs

    One acre residential lot with mountain life potential.

    326 Rd Justin's, Pagosa Springs, CO 81147
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    206-Acre Ranch Overlooking San Juan
    $950,000
    206.00 Acres

    206-Acre Ranch Overlooking San Juan

    206-acre ranch with San Juan River views near Pagosa Springs.

    16400 County Road 500, Pagosa Springs, CO 81147
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    Pagosa Springs Wooded Residential Land
    $101,000
    5.74 Acres

    Pagosa Springs Wooded Residential Land

    5.74-acre wooded retreat in Pagosa Springs, Colorado.

    149/154 Engineer Pt, Pagosa Springs, CO 81147
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    Residential Land in Pagosa Springs
    $41,900
    0.29 Acres

    Residential Land in Pagosa Springs

    Flat, level cul-de-sac parcel near Lake Hatcher and National Forest.

    1195 Hills Cir, Pagosa Springs, CO 81147
    View details
    Land in Woodsy Retreat
    Contact for pricing
    1.15 Acres

    Land in Woodsy Retreat

    Escape to nature with flexibility to build a unique home.

    2932 Crooked Rd, Pagosa Springs, CO 81147
    View details
    Land in Desirable Meadows Neighborhood
    $200,000
    5.04 Acres

    Land in Desirable Meadows Neighborhood

    5.04 acre property with new septic system installed.

    1433 Harvard Ave, Pagosa Springs, CO 81147
    View details
    Cabin on Wooded Acres
    $199,900
    6.80 Acres

    Cabin on Wooded Acres

    Secluded cabin on 6.8 acres near Pagosa Springs, Colorado.

    49 Quiet Ct, Pagosa Springs, CO 81147
    View details
    Five-Acre Meadowland with Mountain Views
    $199,000
    5.00 Acres

    Five-Acre Meadowland with Mountain Views

    Five-acre meadowland near amenities with mountain views in Pagosa Springs.

    77 W Mccabe St, Pagosa Springs, CO 81147
    View details
    Residential Land in Pagosa Springs
    $87,500
    3.43 Acres

    Residential Land in Pagosa Springs

    Two lots totaling 3.43 acres in Pagosa Springs, Colorado.

    3924 County Road 700, Pagosa Springs, CO 81147
    View details
    70 Acres with Mountain Views
    $410,000
    70.00 Acres

    70 Acres with Mountain Views

    70-acre parcel with mountain views, seasonal creek, and stock ponds.

    432 Golden Spruce Ct, Pagosa Springs, CO 81147
    View details
    Residential Lot with Mountain Views
    $189,000
    1.47 Acres

    Residential Lot with Mountain Views

    1.47-acre lot in desirable Ranch Community, Pagosa Springs.

    1338 Antelope Ave, Pagosa Springs, CO 81147
    View details
    Pagosa Springs Residential Land
    $289,000
    35.12 Acres

    Pagosa Springs Residential Land

    Beautiful 35.12-acre residential land with utilities and wildlife.

    2399 Bull Elk Pl, Pagosa Springs, CO 81147
    View details
    Pagosa Springs Residential Property
    $55,000
    1.16 Acres

    Pagosa Springs Residential Property

    Residential property for sale in Pagosa Springs, Colorado.

    9519 W Us Hwy 160, Pagosa Springs, CO 81147
    View details
    Pagosa Springs Residential Land
    $35,900
    4.11 Acres

    Pagosa Springs Residential Land

    4.11 acres of land with mountain views.

    249 Jennifer Pl, Pagosa Springs, CO 81147
    View details
    Pagosa Springs Land with Improvements
    $399,000
    35.00 Acres

    Pagosa Springs Land with Improvements

    35-acre lot with driveway, gravel pads, ready to build.

    109 Hemlock Pl, Pagosa Springs, CO 81147
    View details

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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
    Sherpa Real Estate
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