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    201 Tree Farm Dr, Unit unit The Creekside Basalt, CO 81621

    For Sale
    $6,100,000

    COMMERCIAL - Basalt, CO

    Lot size:
    0.61 Acres
    Days on Market:
    131
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for 201 Tree Farm Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    PUD
    APN
    246502216001
    Lot size
    0.61 Acres

    Utilities

    Water source
    Public

    Building Details

    Number of units
    34

    Portfolio Aspen Properties (970) 379-6353 [email protected]

    Listing agent Harrison Sachs (970) 948-5042

    Listing date Jul 29, 2025

    Copyright © 2025 Aspen/Glenwood Springs 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

    Basalt Land Ready to Build

    This 0.61-acre commercial land parcel, identified as Lot B 2 & 3 within the Tree Farm PUD in Basalt, CO, has approved development rights. It features permits and plans ready to build a 35-unit free market apartment complex. The buildable area is 42,737 square feet, accommodating 4 studio/one bath units, 14 one bedroom/one bath units, 15 two bedroom/2 bath units, and 2 three bedroom/2 bath units. The plans include a garage with 28 parking spaces and 30 storage units, along with 57 perimeter parking spaces. This property presents an opportunity to own an apartment complex in a mid-valley location with high housing demand and strong rental rates, suitable for general occupancy or employee housing. Full documentation and disclosures are available. This listing can be combined with three other parcels (B1, B2, B3, C1, A1-4) for a combined sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Basalt
    County
    Eagle
    State
    Colorado
    Longitude
    -107.083927
    Latitude
    39.389913

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    FAQs

    What type of property is this?
    Commercial land - Land with permits for 35-unit apartment complex in Basalt.
    Where is this commercial land located?
    The property is located at 201 Tree Farm Dr, Unit unit The Creekside Basalt, CO.
    What is the asking price?
    The asking price for this property is $6,100,000.
    What are key features of this property?
    This property features: - Approved development rights and ready-to-build permit/plans for a 35-unit apartment complex.; - Located in the Tree Farm PUD, an exceptional mid-valley location with high housing demand.; - Diverse unit mix: studio, one, two, and three-bedroom apartments.
    (970) 948-5042
    Request Owner's contact information
    201 Tree Farm Dr, Unit unit The Creekside Basalt, CO 81621
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    Basalt, CO 81621
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    Realmo Value Estimation

    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

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    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.

    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
    201 Tree Farm Dr, Unit unit The Creekside Basalt, CO 81621
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