Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    3.135 Acres in Ward, CO Title is generated by Realmo AI

    190 Hard Way Road, Ward, CO 80481

    View on Map
    Claim this Listing
    For Sale
    $150,000

    Land, Other - Ward, CO

    Type:Unimproved Land
    Lot size:
    3.13 Acres
    Added:
    Jan 21, 2026
    Days on Market:
    134
    Last Refresh:
    Jun 4 at 3:06 am

    Property Features for 190 Hard Way Road

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R0030218
    Lot size
    3.13 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Christopher Naggar

    Listing agent Christopher Naggar

    Listing office Engel & Völkers Denver 4272 Lowell Boulevard, Denver, CO

    Listing date Jan 21, 2026

    MLS# 3627654 Listing URL

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

    HighLights

    • Large 3.135‑acre lot offers ample space and possibilities.
    • Stunning mountain views and abundant pine trees create a beautiful natural setting.
    • Peaceful and private location provides seclusion.
    • Conveniently located just minutes from downtown Boulder.
    • Opportunity to design and develop the property to suit individual needs.
    • Highly desirable location ensures long‑term value.

    Overview

    This is an expansive 3.135-acre unimproved lot surrounded by pine trees. It offers mountain views and a peaceful, private setting. The raw land provides an opportunity for development. There is currently no water on site. The property is located minutes from downtown Boulder, offering a blend of seclusion, scenery, and convenience.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Ward
    County
    Boulder
    State
    Colorado
    Longitude
    -105.45239
    Latitude
    40.09439

    Nearby Similar for Sale

    • $160,000

      Undeveloped Corner Lot in Ward

      Rare 1-acre lot in Bar-K Ranch neighborhood.
      24 Hickok Trail, Ward, CO 80481
      View Details
    • $475,000

      Recreation Land with Creek and Forest Access

      Bordering Jamestown Creek and U.S. Forest Service land, the property offers rare privacy plus direct outdoor access.
      700 Spring Gulch Rd, Ward, CO 80481
      View Details
    • $150,000

      3.135 Acres with Mountain Views

      Unimproved land with mountain views near downtown Boulder.
      190 Hard Way Road, Ward, CO 80481
      View Details
    • $254,000

      Colorado Mountain Parcel For Sale

      Over 3-acre mountain parcel with rock outcroppings and views.
      190 Hard Way, Ward, CO 80481
      View Details
    • $150,000

      3.135 Acres Unimproved Land

      Unimproved 3.135-acre lot with mountain views near downtown Boulder.
      190 Hard Way, Ward, CO 80481
      View Details
    • $348,000

      7-Acre Mountain Lot in Ward

      7-acre mountain lot near Roosevelt National Forest, 25 minutes from Boulder.
      398 Overland, Ward, CO 80481
      View Details

    FAQs

    What type of property is this?
    Land - Unimproved 3.135-acre lot with mountain views near Boulder.
    Where is this land located?
    The property is located at 190 Hard Way Road Ward, CO.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Large 3.135‑acre lot offers ample space and possibilities.; **Stunning mountain views** and abundant pine trees create a beautiful natural setting.; Peaceful and private location provides seclusion.
    (817) 262-3649
    We can help!
    Listing Contact
    Christopher Naggar
    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
    190 Hard Way Road, Ward, CO 80481
    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!