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    240 County Rd New Castle, CO 81647

    New
    For Sale
    $875,000

    COMMERCIAL - New Castle, CO

    Lot size:
    3.24 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 6 at 11:06 pm

    Property Features for 240 County Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mixed
    APN
    212332400030
    Lot size
    3.24 Acres

    Utilities

    Water source
    Public

    Douglas Elliman Real Estate (970) 925-8810 [email protected]

    Listing agent Gabe Molnar (970) 366-0379

    Listing date Dec 3, 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

    New Castle Commercial Land Opportunity

    This is a unique opportunity to own 3.24 acres of commercial land in New Castle, Colorado, positioned within a half-mile of the I-70 interchange and the town's expanding commercial core. The property is annexed into the town and designated for mixed-use commercial and residential development in the town's future land use map. Without an HOA, the property is suited for a business park, medical facilities, retail spaces, service providers, flex spaces, entertainment and recreation venues, accessory residential units, and potentially lodging. This property is a strategic investment opportunity with both immediate and long-term upside in a high-growth corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    New Castle
    County
    Garfield
    State
    Colorado
    Longitude
    -107.511323
    Latitude
    39.568415

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    FAQs

    What type of property is this?
    Land - 3+ acres of mixed-use commercial land near I-70.
    Where is this land located?
    The property is located at 240 County Rd New Castle, CO.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Prime location in New Castle, CO, within 1/2 mile of I-70 interchange; - Designated for mixed-use commercial/residential development, offering development flexibility; - Large acreage: 3+ acres of land provides ample space for various projects
    (970) 366-0379
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    240 County Rd New Castle, CO 81647
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    New Castle, CO 81647
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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

    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.

    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
    240 County Rd New Castle, CO 81647
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