Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land Backing Muddy Creek Title is generated by Realmo AI

    1115 W Bluff Avenue, Kremmling, CO 80459

    View on Map
    Claim this Listing
    For Sale
    $179,500

    LAND - Kremmling, CO

    Lot size:
    1.09 Acres
    Added:
    May 29, 2025
    Days on Market:
    370
    Last Refresh:
    Jun 2 at 12:06 pm

    Property Features for 1115 W Bluff Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    144108325002
    Lot size
    1.09 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Subd: GRAND WEST SUBDIVISION, AMENDED Lot: 2 Block: 4
    Tax Annual Amount
    3089

    We can help!

    Listing Contact
    Amber Lemon

    Listing agent Amber Lemon License #100004488

    Listing office Coldwell Banker Elevated Realty 107 S 6th, Kremmling, CO

    Listing date May 29, 2025

    MLS# 25-662 Listing URL

    Copyright © 2026 Grand County Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Expansive 1‑acre lot backing up to Muddy Creek.
    • In‑town location with easy access to schools, dining, and shopping.
    • Town utilities available at the curb.
    • Unobstructed views of Muddy Creek and Kremmling Cliffs.
    • Muddy Creek offers trout fishing.
    • Backs to local wildlife area.

    Overview

    This residential land offers expansive views and space, backing up to Muddy Creek. Located in town, it provides convenient access to schools, dining, and shopping. Muddy Creek is known for trout fishing, and the location offers opportunities to observe local wildlife. The property features unobstructed views of Muddy Creek and the Kremmling Cliffs, making it suitable for a walkout basement. Town utilities are available at the curb. The lot size is 1.09 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Kremmling
    County
    Grand
    State
    Colorado
    Longitude
    -106.381481
    Latitude
    40.064006

    Nearby Similar for Sale

    • $426,000
      1,074 SF

      New Duplex Development in Kremmling

      New construction duplex with mountain views and outdoor recreation access.
      341 KINSEY Avenue, Kremmling, CO 80459
      View Details
    • $1,450,000

      Kremmling Land with Development Potential

      23.4-acre parcel near Kremmling with development and agricultural potential.
      US HWY 40, Kremmling, CO 80459
      View Details
    • $426,000
      1,074 SF

      New Duplex in Grand Cliffs

      New construction duplex with garage near greenspace in Kremmling, CO.
      313 Kinsey Avenue, Kremmling, CO 80459
      View Details
    • $398,000
      1,074 SF

      New Kremmling Duplex Development

      New construction duplexes with mountain views and outdoor recreation access.
      321 KINSEY Avenue, Kremmling, CO 80459
      View Details
    • $406,000
      10 SF

      New Duplex Development in Kremmling

      New construction duplexes with mountain views and outdoor recreation access.
      311 KINSEY, Kremmling, CO 80459
      View Details
    • $426,000
      1,074 SF

      New Duplex in Kremmling

      New construction duplex with views and outdoor recreation access.
      343 KINSEY Avenue, Kremmling, CO 80459
      View Details
    • $950,000

      Kremmling Commercial Property Opportunity

      Versatile commercial property with brewing and distillery equipment included.
      207 Central Avenue, Kremmling, CO 80459
      View Details
    • $865,000
      3,470 SF

      Ranch Home with Mountain Views

      Spacious 5-bedroom home on 5+ acres, horse-friendly.
      73 GCR 1931, Kremmling, CO 80459
      View Details
    • $1,490,000

      Historic Boutique Hotel Investment Opportunity

      Updated hotel with income potential in prime location.
      104 S 2nd St, Kremmling, CO 80459
      View Details
    • $139,000

      Kremmling Land with Mountain Views

      5-acre parcel with year-round access and mature aspens.
      1999 County Road 162, Kremmling, CO 80459
      View Details
    • $325,000
      720 SF

      Highway 40 Frontage Shop

      Shop/storage area with commercial zoning and highway access.
      104 US-HWY 40 Lots 2, 4, Kremmling, CO 80459
      View Details
    • $799,999

      Prime Commercial Land Opportunity

      High-traffic corner lot ready for development in Kremmling, Colorado.
      501 Highway 40, Kremmling, CO 80459
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1+ acre lot with views and town utilities.
    Where is this residential land & home lot located?
    The property is located at 1115 W Bluff Avenue Kremmling, CO.
    What is the asking price?
    The asking price for this property is $179,500.
    What are key features of this property?
    This property features: Expansive 1‑acre lot backing up to Muddy Creek.; In‑town location with easy access to schools, dining, and shopping.; Town utilities available at the curb.
    (970) 531-2149
    We can help!
    Listing Contact
    Amber Lemon
    Real Estate License ID: 100004488
    Request Owner's contact information
    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
    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
    1115 W Bluff Avenue, Kremmling, CO 80459
    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!