Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mountain Retreat in Arrowhead Title is generated by Realmo AI

    1255 Spruce Road, Cimarron, CO 81220

    View on Map
    Claim this Listing
    For Sale
    $114,950

    Mountain Property - Cimarron, CO

    Lot size:
    0.72 Acres
    Added:
    Apr 6, 2026
    Days on Market:
    45
    Last Refresh:
    May 20 at 9:06 pm

    Property Features for 1255 Spruce Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.72 Acres

    Building Details

    Architectural style
    Mountain

    We can help!

    Listing Contact
    Leslie Musselmann
    Leslie Musselmann

    Listing agent Leslie Musselmann

    Listing office Vision Real Estate Investments P.O. Box 3280, Montrose, CO

    Listing date Apr 6, 2026

    MLS# 833114 Listing URL

    Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Ready‑to‑enjoy RV camping area with fire pit, firewood, and picnic table.
    • Equipped with electric meter (30/50 amp plugs) and inspected septic system.
    • Private and secluded lot with stunning views.
    • Includes two 300‑gallon water tanks with electric pump.
    • Ample space for recreation; ideal for families, kids and pets.
    • Perfect location to build a mountain home.

    Overview

    This private mountain lot in Arrowhead offers a secluded retreat for enjoying the Colorado outdoors. A private driveway leads to a spacious RV camping area, complete with a fire pit, firewood, and a picnic table. The property is surrounded by aspens and a meadow, providing space for recreation. An electric meter with 30 and 50 amp plugs is installed, and a septic system is in place and has been inspected. Water is not yet installed, but the property includes two 300-gallon tanks with an electric pump. This property is suitable as a getaway spot or a location to build a mountain home. The lot size is 0.72 acres and is located in Cimarron, CO.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Real Estate Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cimarron
    County
    Montrose
    State
    Colorado
    Longitude
    -107.3674746
    Latitude
    38.3330265

    Nearby Similar for Sale

    • $52,500

      Treed Lot in Arrowhead Subdivision

      One-acre lot ready for dream cabin in Cimarron, CO.
      121 Ridge Road, Cimarron, CO 81220
      View Details
    • $85,000

      Arrowhead Subdivision Mountain Property

      One-acre lot with water tap, electric, and recreational access.
      457 Wildflower Drive, Cimarron, CO 81220
      View Details
    • $99,500

      Developed Lot Ready for Building

      Developed lot with utilities, ready for RV or cabin.
      355 Ponderosa Way, Cimarron, CO 81220
      View Details
    • $79,900

      Wooded Lot in Arrowhead Ranch

      One-acre wooded lot perfect for a mountain retreat.
      200 Crest Drive, Cimarron, CO 81220
      View Details
    • $115,000

      Private RV Lot in Cimarron

      Cleared and leveled lot with utilities in private subdivision.
      1772 Spruce Road, Cimarron, CO 81220
      View Details
    • $115,000

      Arrowhead Community Land Opportunity

      One-acre lot with utilities ready for recreational use.
      450 Hazel Lake Drive, Cimarron, CO 81220
      View Details
    • $115,000

      Arrowhead RV Lot with Utilities

      RV lot with utilities, storage, and recreational access.
      322 Spruce Road, Cimarron, CO 81220
      View Details
    • $110,000

      Cimarron Mountain Property with Views

      One-acre lot with mountain views near Blue Mesa Reservoir.
      711 Crest Drive, Cimarron, CO 81220
      View Details
    • $78,250

      Arrowhead Mountain Retreat Land

      Treed lot in Arrowhead community with year-round amenities and mountain views.
      147 Ridge Road, Cimarron, CO 81220
      View Details
    • $124,000

      Recreational Land with RV Setup

      One-acre lot with RV setup, utilities, and storage shed.
      200 Hazel Lake Drive, Cimarron, CO 81220
      View Details
    • $114,950

      Arrowhead Mountain Retreat Land

      Secluded recreational land with RV setup near Cimarron, Colorado.
      1255 Spruce Road, Cimarron, CO 81220
      View Details
    • $85,000

      Wildflower Drive Land in Cimarron

      One-acre lot with water tap in Arrowhead Subdivision, Cimarron.
      457 Wildflower Drive, Cimarron, CO 81220
      View Details

    FAQs

    What type of property is this?
    Recreation land - Private mountain lot with RV camping area and utilities.
    Where is this recreation land located?
    The property is located at 1255 Spruce Road Cimarron, CO.
    What is the asking price?
    The asking price for this property is $114,950.
    What are key features of this property?
    This property features: Ready‑to‑enjoy RV camping area with fire pit, firewood, and picnic table.; Equipped with **electric meter (30/50 amp plugs) and inspected septic system.**; **Private and secluded lot with stunning views.**
    (970) 209-8221
    We can help!
    Listing Contact
    Leslie Musselmann
    Leslie Musselmann
    Real Estate License ID: II100003212
    Learn More
    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
    1255 Spruce Road, Cimarron, CO 81220
    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!