Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    303 Peak Vw Pl Canon City, CO 81212

    Sponsored
    For Sale
    $259,000

    LAND - Canon City, CO

    Lot size:
    35.00 Acres
    Days on Market:
    7
    Last Refresh:
    Mar 4 at 7:06 pm

    Property Features for 303 Peak Vw Pl

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    99704671
    Lot size
    35.00 Acres

    Utilities

    Utilities
    Electricity Available
    Water source
    Well

    We can help!

    Listing Contact
    Shelley L. Keller
    Shelley L. Keller

    CHERRY CREEK PROPERTIES (303) 713-9000

    Listing agent Shelley L. Keller (719) 415-9998

    Listing date Feb 26, 2026

    MLS# 9702551

    Copyright © 2026 Royal Gorge Association of REALTORS®. 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

    Ready-to-Build Land with Mountain Views

    This 35-acre parcel is ready for development. A 16-foot-wide driveway with road base leads to a fully excavated build site designed for a four-bedroom home with a walk-out basement, positioned to capture panoramic mountain views. A well is drilled to a depth of 740 feet with a static water level of 125 feet and a 10 GPM pumping rate. A 2,000-gallon cistern provides additional water storage. The well includes a pump, well pit with pressure tank, and a frost-free hydrant. The property also features a permitted septic system and leach field designed for a four-bedroom home. Power is available at the build site with 400-amp service installed, including 20-, 30-, and 50-amp outlets. The land includes mature pines, pinions, and scrub oak. The Delilah Peaks HOA maintains minimal covenants while providing road and gate maintenance along with trash service. The neighboring 42-acre parcel is also available for purchase, and together the two properties total approximately 77 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Canon City
    County
    Fremont
    State
    Colorado
    Longitude
    -105.513493
    Latitude
    38.633528

    Nearby Similar for Sale

    • $399,900
      3,000 SF

      Commercial Shop with Fenced Lot

      Commercial shop with bays on a large, fenced lot.
      714 S 8Th St, Canon City, CO 81212
      View Details
    • New
      $750,000
      3,080 SF

      Warehouse and Flooring Business Opportunity

      3,080 sq ft warehouse with established flooring business.
      300 Dozier Ave, Canon City, CO 81212
      View Details
    • New
      $750,000
      3,080 SF

      Warehouse with Flooring Business Included

      3,080 sq ft warehouse and established flooring business for sale.
      300 Dozier Ave, Canon City, CO 81212
      View Details
    • New
      $1,575,000
      2.42 Acres

      Versatile Commercial Space with Extra Land

      39,974 sqft commercial space with retail, office, warehouse potential.
      1630 E Main St, Canon City, CO 81212
      View Details
    • $349,900
      0.12 Acres

      Main Street Commercial Space Available

      Spacious main level in prime Canon City location.
      1118 Main St, Canon City, CO 81212
      View Details
    • $475,000
      1.00 Acre

      Canon City Storage Facility

      Fully rented storage building with upside potential in Canon City.
      1271 Lawrence Ave, Canon City, CO 81212
      View Details
    • $550,000
      0.24 Acres

      Canon City Commercial Building For Sale

      Commercial building in historic Canon City, Colorado, with parking lot.
      512 Royal Gorge Blvd, Canon City, CO 81212
      View Details
    • $1,149,000
      0.68 Acres

      Canon City Commercial Building For Sale

      Two-story commercial building with Highway 50 exposure in Canon City.
      2285 Fremont Dr, Canon City, CO 81212
      View Details
    • $625,000
      0.64 Acres

      Mixed-Use Building in Canon City

      Mixed-use property with commercial and residential units near downtown.
      1415 Main St, Canon City, CO 81212
      View Details
    • $415,000
      0.14 Acres

      Mixed-Use Building in Downtown Canon

      Corner building with mixed-use potential in Canon City's heart.
      402 Main St, Canon City, CO 81212
      View Details
    • $2,675,000
      2.68 Acres

      Canon City Strip Center Lease

      Master lease opportunity in Canon City with franchise tenants.
      1811 Fremont Dr, Canon City, CO 81212
      View Details
    • $385,000
      0.38 Acres

      Canon City Two-Unit Property

      Two-unit property featuring a main residence and detached unit.
      2632 Pear St, Canon City, CO 81212
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 35-acre parcel with well, septic, and power installed.
    Where is this residential land & home lot located?
    The property is located at 303 Peak Vw Pl Canon City, CO.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: - Ready-to-build site with excavated area designed for a four-bedroom home and panoramic mountain views.; - High-yield well (10 GPM) drilled to 740 feet, 2,000-gallon cistern, pump, well pit, pressure tank, and frost-free hydrant included.; - Permitted septic system and leach field already installed and designed for a four-bedroom home.
    (719) 415-9998
    Request Owner's contact information
    303 Peak Vw Pl Canon City, CO 81212
    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.
    303 Peak Vw Pl
    Canon City, CO 81212
    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
    303 Peak Vw Pl Canon City, CO 81212
    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

    We can help!
    Listing Contact
    Shelley L. Keller
    Shelley L. Keller
    Real Estate License ID: FA100066022
    (719) 415-9998 (719) 458-1345 (719) 281-5331
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!