Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    The Cutting Edge

    5881 N. Academy Blvd, Colorado Springs, CO 80918
    (719) 661-1199
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Land
    • Residential Multi Family

    Listings

    For Sale (23)

    View map
    Hartsel Land with Mountain Views
    $76,000
    4.50 Acres

    Hartsel Land with Mountain Views

    4.5-acre lot with trees, mountain views, electricity access.

    1430 Singletree Rd, Hartsel, CO 80449
    View details
    MULTI_FAMILY - Colorado Springs, CO
    $799,900
    0.23 Acres

    MULTI_FAMILY - Colorado Springs, CO

    Quadplexes

    6935 Peyote Way, Colorado Springs, CO 80919
    View details
    35-Acre Parcel with Mountain Views
    $299,900
    35.10 Acres

    35-Acre Parcel with Mountain Views

    Exceptional 35-acre parcel with panoramic mountain views and water rights.

    3235 Antelope Hill Vw, Peyton, CO 80831
    View details
    Land Near Fox Run Park
    $695,000
    5.00 Acres

    Land Near Fox Run Park

    Rare 5-acre parcel near coveted Fox Run Park.

    15950 Roller Coaster Rd, Colorado Springs, CO 80921
    View details
    Woodland Park Land For Sale
    $115,000
    0.39 Acres

    Woodland Park Land For Sale

    0.39 acre lot in Fairway Pines community, no HOA.

    109 Flagstick Dr, Woodland Park, CO 80863
    View details
    40 Acres Bordering National Forest
    $175,000
    40.55 Acres

    40 Acres Bordering National Forest

    Off-grid land parcel near outdoor recreation and mountain towns.

    1354 Puma Hills Rd, Lake George, CO 80827
    View details
    Kings Deer Highlands Homesite
    $218,000
    2.81 Acres

    Kings Deer Highlands Homesite

    2.81-acre homesite in Monument's Kings Deer Highlands.

    20383 Royal Troon Dr, Monument, CO 80132
    View details
    Pueblo West Land with Views
    Contact for pricing
    1.09 Acres

    Pueblo West Land with Views

    Residential lot in Pueblo West with mountain views.

    420 N Heather Dr, Pueblo, CO 81007
    View details
    Land in Colorado Mountain Estates
    $31,000
    0.51 Acres

    Land in Colorado Mountain Estates

    Land for sale in desirable Colorado Mountain Estates neighborhood.

    3090 N Mountain Estates Rd, Florissant, CO 80816
    View details
    Colorado Springs Land with Mountain Views
    $414,900
    6.89 Acres

    Colorado Springs Land with Mountain Views

    6+ acre homesite in Black Forest with open views.

    10230 Alamar Way, Colorado Springs, CO 80908
    View details
    Colorado Springs Estate with Arena
    $2,500,000
    9.96 Acres

    Colorado Springs Estate with Arena

    9.96-acre estate with indoor pool, arena, and rental history.

    4225 Walker Vis Hts, Colorado Springs, CO 80908
    View details
    Mountain Land in Cripple Creek
    $40,000
    1.54 Acres

    Mountain Land in Cripple Creek

    1.54-acre parcel in Cripple Creek Mountain Estates.

    565 Fairview Dr, Cripple Creek, CO 80813
    View details
    Majestic Pines 2.5-Acre Lot
    $525,000
    2.55 Acres

    Majestic Pines 2.5-Acre Lot

    2.5-acre lot in Majestic Pines, Colorado Springs.

    3429 Blue Heron Spring Ln, Colorado Springs, CO 80908
    View details
    Calhan Land with Shop
    $280,000
    0.29 Acres

    Calhan Land with Shop

    Ready-to-build lot with shop and full utilities in Calhan.

    401 Cheyenne St, Calhan, CO 80808
    View details
    10.22 Acres of Open Land
    Contact for pricing

    10.22 Acres of Open Land

    10.22-acre parcel with open space, rolling hills, and diverse trees.

    4319 Meier Ridge Trl, Fairplay, CO 80440
    View details
    35-Acre Colorado Ranch Parcel
    $299,900

    35-Acre Colorado Ranch Parcel

    35-acre ranch parcel with mountain views and water rights.

    3235 Antelope Hill Vw, Peyton, CO 80831
    View details
    40 Acres Bordering National Forest
    Contact for pricing

    40 Acres Bordering National Forest

    Off-grid land parcel near outdoor recreation and mountain towns.

    1354 Puma Hills Rd, Lake George, CO 80827
    View details
    35-Acre Ranch with Mountain Views
    $299,900

    35-Acre Ranch with Mountain Views

    Exceptional land parcel with panoramic mountain views and water rights.

    3235 Antelope Hill Vw, Peyton, CO 80831
    View details
    Cripple Creek Mountain Land Parcel
    $55,000

    Cripple Creek Mountain Land Parcel

    4.06-acre parcel near Cripple Creek, Colorado.

    728 Little Topsey Dr, Cripple Creek, CO 80813
    View details
    Mountain Land Parcel For Sale
    $55,000

    Mountain Land Parcel For Sale

    4.06-acre parcel in Cripple Creek Mountain Estates.

    728 Little Topsey Dr, Cripple Creek, CO 80813
    View details
    West Side Income Property
    $675,000

    West Side Income Property

    Fully rented quadplex on the West side.

    2028 Friendship Pl, Colorado Springs, CO 80904
    View details
    Land For Sale
    $414,900

    Land For Sale

    Land available in El Paso County, Colorado.

    10230 Alamar Way, Colorado Springs, CO 80908
    View details
    Land For Sale
    $218,000

    Land For Sale

    Land available in El Paso County.

    20383 Royal Troon Dr, Monument, CO 80132
    View details

    Leases and Sales on Map

    • For Sale

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    The Cutting Edge
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    The Cutting Edge
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!