Add Listing
    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

    View on Map
    Claim this Listing
    For Sale
    $525,000

    LAND - Mead, CO

    Lot size:
    1.04 Acres
    Added:
    Mar 21, 2025
    Days on Market:
    400
    Last Refresh:
    Apr 24 at 5:06 am

    Property Features for 15285 Ypsilon Cir

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Res
    Standard status
    Active
    APN
    R8971659
    Lot size
    1.04 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    2323

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer

    We can help!

    Listing Contact
    Dana Myers

    Listing agent Dana Myers

    Listing office RE/MAX Alliance-FTC South 4703-A Boardwalk Dr, CO

    Listing date Mar 21, 2025

    MLS# 1029028 Listing URL

    Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land in Mead, Colorado

    This 1.04-acre lot in Mead, Colorado, offers an opportunity to build a custom home. Located in Range View Estates, the property provides space to design and build a home with the option to add an outbuilding or recreational space. The location offers mountain views and access to amenities. This lot is located in a growing community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Skin Care Clinic

    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

    • $450,000

      Acreage Lot in Mead, Colorado

      Spacious acreage lot for custom home in Mead, Colorado.
      15287 Ypsilon Cir, Mead, CO 80542
      View Details
    • $325,000

      Land in Mead, Colorado

      Acreage lots for custom home in Range View Estates.
      15135 Mattana Dr, Mead, CO 80542
      View Details
    • $675,000

      Mead, CO Land For Sale

      7.8 Acres +/- poised for development in Mead, Colorado.
      2498 Highway 66, Mead, CO 80504
      View Details
    • $875,000

      Mead, CO Land Parcel

      Unincorporated Weld County land suitable for equestrian or agricultural use.
      Lot 1 CR 36 and CR 3, Mead, CO 80542
      View Details
    • $150,000

      Commercial Lots in Central Mead

      Two commercial/mixed-use lots totaling 7,000 SF in central Mead.
      214 3rd St, Mead, CO 80542
      View Details
    • $1,275,000

      Mead, CO Land Parcel

      Unincorporated Weld County land suitable for equestrian or agricultural use.
      Lot 3 CR 36 and WCR 3, Mead, CO 80542
      View Details
    • $3,000,000

      37 Acres for Estate Subdivision

      37 acres in Weld County for a proposed 9-lot subdivision.
      Lot 4 CR 36 and WCR 3, Mead, CO 80542
      View Details
    • $395,000
      1,400 SF

      Premium Commercial Garage Condo

      Fully loaded, move-in ready garage condo with mezzanine.
      341 1st #D-1, Mead, CO 80542
      View Details
    • $550,000

      Commercial Land in Mead, Colorado

      Commercial land for sale in booming Mead, Colorado.
      206 3rd, Mead, CO 80542
      View Details
    • $250,000
      1,000 SF

      Industrial Garage Unit For Sale

      1000 SF industrial/commercial garage unit in secure facility.
      341 1st Street #8, Mead, CO 80542
      View Details
    • $250,000
      1,000 SF

      Industrial Garage Unit For Sale

      1000 SF industrial/commercial garage unit in secure facility.
      341 1st #C-8, Mead, CO 80542
      View Details
    • Contact for pricing
      26,074 SF

      Highway 66 Flex/Industrial Space

      Flex/industrial and office space for sale near I-25.
      4333 Highway 66, Mead, CO
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Acreage lot for a custom home with mountain views.
    Where is this residential land & home lot 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; Enjoy breathtaking mountain views
    (970) 381-2257
    We can help!
    Listing Contact
    Dana Myers
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!