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    390 Elm Rd Estes Park, CO 80517

    For Sale
    $3,200,000

    Commercial Sale - Estes Park, CO

    Lot size:
    12.00 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 390 Elm Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CO
    Lot size
    12.00 Acres

    Building Details

    Year built
    1981
    Architectural style
    Other

    Estes Park Team Realty (970) 586-3838 [email protected]

    Listing agent Gerald D Mayo (970) 586-3838

    Listing date Oct 27, 2025

    MLS# 1046431 Listing URL

    Copyright © 2025 Information and Real Estate Services, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Estes Park Multifamily Investment

    Located in Estes Park, Colorado, the property at 390 Elm Road presents an investment opportunity. This 12-acre property includes seven individual units, offering income potential and flexibility. The units consist of homes, apartments, duplexes, cabins, garages, storage, and commercial buildings. All leases are currently month-to-month, providing flexibility for future use. The buildings were painted last summer, and several have been remodeled. The property is zoned CO and is positioned as an investment location. Owner's financing is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Estes Park
    County
    Larimer
    State
    Colorado
    Longitude
    -105.543435
    Latitude
    40.372801

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    FAQs

    What type of property is this?
    Multifamily property - Multifamily property on 12 acres in Estes Park, Colorado.
    Where is this multifamily property located?
    The property is located at 390 Elm Rd Estes Park, CO.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - 12-acre property in the heart of Estes Park.; - Seven individual units offer income potential and flexibility.; - Month-to-month leases provide immediate control for new owners.
    (970) 586-3838
    Request Owner's contact information
    390 Elm Rd Estes Park, CO 80517
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    Estes Park, CO 80517
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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
    390 Elm Rd Estes Park, CO 80517
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