Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mountain Lot with Aspen Trees Title is generated by Realmo AI

    583 Crest Drive, Cimarron, CO 81220

    View on Map
    Claim this Listing
    For Sale
    $48,500

    LAND - Cimarron, CO

    Type:Single Family Residence
    Lot size:
    1.00 Acre
    Added:
    Aug 5, 2025
    Days on Market:
    306
    Last Refresh:
    Jun 6 at 11:06 am

    Property Features for 583 Crest Drive

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    3985-360-02-008
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    389

    Utilities

    Sewer type
    Septic Needed

    We can help!

    Listing Contact
    Leslie Musselmann
    Leslie Musselmann

    Listing agent Leslie Musselmann License #II100003212

    Listing office VISION REAL ESTATE INVESTMENTS 9391 6075 RD, MONTROSE, CO

    Listing date Aug 5, 2025

    MLS# 20253788 Listing URL

    Copyright © 2026 Grand Junction Area 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.

    HighLights

    • Stunning mountain scenery with Aspen trees and frequent wildlife sightings.
    • All‑season recreational access: enjoy snowmobiling, UTV adventures, and nearby fishing at Blue Mesa.
    • Versatile lot suitable for RV parking or cabin construction.
    • Water tap available for purchase.
    • Utilities nearby for easy connection.
    • Peaceful and picturesque mountain setting.

    Overview

    This versatile mountain lot in Arrowhead offers flexibility and stunning scenery. The lot features Aspen trees and frequent wildlife sightings. It is suitable for parking an RV for summer getaways or building a cozy year-round cabin. All-season fun is available with snowmobiling and UTV access in the winter, plus nearby fishing at Blue Mesa and other spots. A water tap is available for purchase, with utilities nearby for easy connection. The property is located in Cimarron, Colorado.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Restaurant Real Estate Agency Bed & Breakfast Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Cimarron
    County
    Montrose
    State
    Colorado
    Longitude
    -107.3866825
    Latitude
    38.3746937

    Nearby Similar for Sale

    • $124,000

      Land in Cimarron, Colorado

      One acre of commercial land for sale in Cimarron.
      200 Hazel Lake Drive, Cimarron, CO 81220
      View Details
    • $114,950

      Arrowhead Mountain Retreat Land

      Secluded recreational land with RV setup near Cimarron, Colorado.
      1255 Spruce Road, Cimarron, CO 81220
      View Details
    • $115,000

      Land in Cimarron, Colorado

      0.75 acre commercial land for sale in Cimarron.
      322 Spruce Road, Cimarron, CO 81220
      View Details
    • $105,000

      Land For Sale Cimarron, CO

      One acre of commercial land for sale in Cimarron.
      160 Lake Road, Cimarron, CO 81220
      View Details
    • $114,950

      Land For Sale Cimarron, CO

      0.72 acre commercial land for sale in Cimarron, Colorado.
      1255 Spruce Road, Cimarron, CO 81220
      View Details
    • $115,000

      Private RV Lot with Utilities

      Cleared and leveled RV lot with utilities in Cimarron, CO.
      1772 Spruce Road, Cimarron, CO 81220
      View Details
    • $115,000

      Arrowhead Community Land for Recreation

      One-acre lot with utilities ready for immediate use.
      450 Hazel Lake Drive, Cimarron, CO 81220
      View Details
    • $115,000

      Land in Cimarron, Colorado

      0.72 acre commercial land for sale in Cimarron.
      1772 Spruce Road, Cimarron, CO 81220
      View Details
    • $110,000

      Land For Sale Cimarron, CO

      One acre of commercial land available in Cimarron, Colorado.
      711 Crest Drive, Cimarron, CO 81220
      View Details
    • $110,000

      Cimarron Land with Mountain Views

      One-acre lot perfect for a mountain retreat.
      711 Crest Drive, Cimarron, CO 81220
      View Details
    • $115,000

      Land in Cimarron, Colorado

      One acre of commercial land for sale in Cimarron.
      450 Hazel Lake Drive, Cimarron, CO 81220
      View Details
    • $75,000

      Land For Sale Cimarron, CO

      One acre of commercial land available in Cimarron, Colorado.
      284 Aspen Trail, Cimarron, CO 81220
      View Details

    FAQs

    What type of property is this?
    Land - Versatile mountain lot with utilities nearby and stunning scenery.
    Where is this land located?
    The property is located at 583 Crest Drive Cimarron, CO.
    What is the asking price?
    The asking price for this property is $48,500.
    What are key features of this property?
    This property features: Stunning mountain scenery with Aspen trees and frequent wildlife sightings.; All‑season recreational access: enjoy snowmobiling, UTV adventures, and nearby fishing at Blue Mesa.; Versatile lot suitable for RV parking or cabin construction.
    (970) 209-8221
    We can help!
    Listing Contact
    Leslie Musselmann
    Leslie Musselmann
    Real Estate License ID: II100003212
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    583 Crest Drive, Cimarron, CO 81220
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!