Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    15285 Ypsilon Cir Mead, CO 80542

    Sponsored
    For Sale
    $525,000

    Land - Mead, CO

    Lot size:
    1.04 Acres
    Days on Market:
    262
    Last Refresh:
    Jan 21 at 8:06 pm

    Property Features for 15285 Ypsilon Cir

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res
    Lot size
    1.04 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Dana Myers

    RE/MAX Alliance (877) 412-4811 [email protected]

    Listing agent Dana Myers (877) 412-4811

    Listing date May 5, 2025

    MLS# 1029028 Listing URL

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

    Learn more

    Property Insight Report

    Overview

    Residential Land in Mead, Colorado

    This 1.04-acre lot in Mead, Colorado, offers an opportunity to design and build a custom home. Located in Range View Estates, the property provides space to create an ideal living space with the tranquility and charm of rural living, while still offering convenient access to nearby amenities. The lot allows for the construction of an outbuilding, shop, or recreational space. The location provides mountain views and open spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Pharmacy Department Store Accounting Firm Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Mead
    County
    Weld
    State
    Colorado
    Longitude
    -105.005005
    Latitude
    40.221864

    Nearby Similar for Sale

    • $5,400,000
      0.41 Acres

      Renovated Mixed-Use Investment Property

      Fully renovated, income-producing property in a growing commercial corridor.
      333 Main St, Mead, CO 80542
      View Details
    • $377,500
      0.03 Acres

      Garage Condo with Radiant Heat

      Unique garage condo with radiant heat, secure site, and amenities.
      341 1St St, Mead, CO 80542
      View Details
    • $395,000
      0.03 Acres

      Commercial Garage Condo For Sale

      Premium 1,400 SF commercial garage condo with 450 SF mezzanine.
      341 1St St, Mead, CO 80542
      View Details
    • $280,000
      0.02 Acres

      Industrial Garage Unit For Sale

      1000 SF industrial/commercial garage unit in secure, gated facility.
      341 1St St, Mead, CO 80542
      View Details
    • $395,000

      Premium Commercial Garage Condo

      Fully loaded, move-in ready garage condo with mezzanine and amenities.
      1St St, Mead, CO 80542
      View Details
    • $3,720,000
      26,074 SF

      Highway 66 Flex/Industrial Space

      Flex/industrial and office space for sale near I-25.
      4333 Hwy, Mead, CO
      View Details
    • $489,000

      Downtown Mixed-Use Property with Garage

      Downtown property with large lot and detached 1,020 SF garage.
      241 Main St, Mead, CO
      View Details
    • $4,875,000
      23,000 SF

      New Industrial Flex Space

      New construction industrial flex space leased to Red Bull.
      13794 E I-25 Frontage Rd, Mead, CO
      View Details
    • $9,300,000
      56,090 SF

      Mead, CO Industrial Distribution Center

      56,090 SF Warehouse, Owner/User Opportunity
      4333 Co-66, Mead, CO 80542
      View Details
    • $2,000,000
      3,324 SF

      Mead, CO: 53 Acres Development Land

      Prime Mead location, 139-lot potential.
      5 1/2, Mead, CO 80504
      View Details

    FAQs

    What type of property is this?
    Land - Acreage lot for custom home with mountain views.
    Where is this land located?
    The property is located at 15285 Ypsilon Cir Mead, CO.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - 1.25 - 1.6 acre lot size; - **Opportunity to build a custom home**; - Located in a peaceful, growing community
    (877) 412-4811
    Request Owner's contact information
    15285 Ypsilon Cir Mead, CO 80542
    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.
    15285 Ypsilon Cir
    Mead, CO 80542
    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
    15285 Ypsilon Cir Mead, CO 80542
    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

    We can help!
    Listing Contact
    Dana Myers
    (877) 412-4811
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.