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    2490 County Road 1A Cotopaxi, CO 81223

    Sponsored
    For Sale
    $4,000,000

    Farm - Cotopaxi, CO

    Type:Farm
    Property size:
    4,806 SF
    Lot size:
    170.12 Acres
    Days on Market:
    17
    Last Refresh:
    Jan 22 at 5:06 pm

    Property Features for 2490 County Road 1A

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    R3
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    Parking
    2
    Parking features
    Carport, Garage
    Interior features
    Built-in Features, Entrance Foyer, Five Piece Bath, Granite Counters, Walk-in Closet(s)
    Exterior features
    Fence
    Fencing
    Fenced
    Basement Y/N
    1
    Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
    Size
    4,806 SF
    Lot size
    170.12 Acres

    Utilities

    Heating system
    Baseboard, Hot Water (Heating), Propane (Heating)
    Water front features
    Pond, Stream

    Building Details

    Year built
    1940
    Flooring type
    Carpet, Concrete, Tile, Wood
    Building materials
    Brick, Concrete, Stone, Wood Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Jon Adams
    Jon Adams

    Mossy Oak Properties / Mountain Ranch & Home Brokers (719) 207-3666 [email protected]

    Listing agent Jon Adams (719) 207-3666

    Listing date Jan 6, 2026

    MLS# 5521445 Listing URL

    Copyright © 2026 ROCC/REcolorado. 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

    Colorado Ranch with Mountain Views

    This 170.12-acre Colorado ranch is located near Salida, Colorado. The 4,806 square foot home blends historical charm with modern updates, offering comfortable living spaces. The kitchen features ample cabinet and counter space, an AGA Classic 60-inch cast iron induction oven/range, and a Sub Zero refrigerator, along with an attached dining room. The upstairs master suite includes two walk-in closets and a large five-piece bathroom. There are two additional bedrooms on the main level and another upstairs bedroom, separate from the master suite. The basement has a large laundry room, bonus room, and space for future improvements. Bordering a 640-acre State Land Trust section and thousands of acres of BLM land, Spring Valley Ranch is situated at the base of the Sangre de Cristo Mountains in central Colorado. Elk, deer, and turkey are common on the property, which is located in an over-the-counter elk unit. Historically, 70 to 80 acres of the ranch have been irrigated for hay production and grazing and are currently leased to a neighboring ranch for grazing. The property is conserved by the San Isabel Land Trust to protect ranching and wildlife. The seller purchased an adjoining 35-acre parcel with a well for future development outside of the conservation easement. This parcel is heavily treed and private. The ranch is located 29 miles from Salida, 37 miles from Canon City, and 18 miles from Westcliffe. It is 85 miles to Colorado Springs Airport and 166 miles to Denver International Airport. The property is zoned R3.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Cotopaxi
    County
    Fremont
    State
    Colorado
    Longitude
    -105.65983975
    Latitude
    38.31553249

    Nearby Similar for Sale

    • $795,000
      105.38 Acres

      105 Acre Ranch in Cody Park

      Treed ranch with pond, mountain views, barn, and workshop.
      159 Falling Rock Rd, Cotopaxi, CO 81223
      View Details

    FAQs

    What type of property is this?
    Farm - 170-acre ranch featuring a 4,806sf home near Salida, Colorado.
    Where is this farm located?
    The property is located at 2490 County Road 1A Cotopaxi, CO.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - 170 acre Colorado ranch bordering 640 acres of State Land Trust and thousands of acres of BLM land.; - **4,806sf home blending historic charm with modern updates, featuring a spacious master suite and updated kitchen with high-end appliances (AGA, Sub Zero).**; - Located in an area abundant with wildlife (elk, deer, turkey) and in an over-the-counter elk unit.
    (719) 207-3666
    Request Owner's contact information
    2490 County Road 1A Cotopaxi, CO 81223
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    Cotopaxi, CO 81223
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    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
    2490 County Road 1A Cotopaxi, CO 81223
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    We can help!
    Listing Contact
    Jon Adams
    Jon Adams
    (719) 207-3666
    Learn more
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