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

    7000 - 7022 Blue Creek Rd Evergreen, CO 80439

    View on Map
    For Sale
    $189,500

    LAND - Evergreen, CO

    Lot size:
    1.20 Acres
    Added:
    Mar 2, 2026
    Days on Market:
    30
    Last Refresh:
    Apr 1 at 7:06 am

    Property Features for 7000 - 7022 Blue Creek Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    MR-1
    Standard status
    Active
    Lot size
    1.20 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    4874

    We can help!

    Listing Contact
    Kevin Shepard

    Listing agent Kevin Shepard

    Listing office Estate Professionals 4450 Arapahoe Ave #100, Boulder, CO

    Listing date Mar 2, 2026

    MLS# 1052741 Listing URL

    Copyright © 2026 IRES 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

    Evergreen Land Parcel For Sale

    This 1.2-acre vacant land parcel is located at 7000-7022 Blue Creek Road in Evergreen's desirable Sprucedale Park Subdivision. The property offers a south-facing orientation and a gentle grade, making it well-suited for a custom home with a walkout design. Key due diligence items are already in place, including a recent ISP survey and septic site assessment. Electricity is already on the lot, and a water tap is available through Cragmont Water District. The property also features a 10,000-gallon private cistern located on the corner of the lot, along with nearby fire hydrants. The zoning is MR-1. This parcel is an outstanding chance to secure a ready-to-build homesite in a sought-after Evergreen location. It combines mountain setting, practical infrastructure, and strong build potential for buyers ready to create their ideal foothill retreat. Enjoy the peace of mountain living while still being conveniently close to local amenities, recreation, and commuter routes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Dental Office Big Box & Wholesale Store Building Supply Auto Repair Shop Nail Salon Pharmacy Auto Parts Store Hair Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Evergreen
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.423
    Latitude
    39.6455

    Nearby Similar for Sale

    • $325,000

      Evergreen Land Near Evergreen Lake

      Land parcel near Evergreen Lake and downtown Evergreen, Colorado.
      27406 Mountain Park Road, Evergreen, CO 80439
      View Details
    • $315,000

      Evergreen Residential Land with Improvements

      Build-ready 1.58-acre lot with paid water tap and septic.
      32764 LODGEPOLE CIRCLE, Evergreen, CO 80439
      View Details
    • $345,000
      1,000 SF

      Evergreen Office Condo with Amenities

      Ground-floor office condo with kitchen, bath, laundry, and parking.
      30746 Bryant Drive #401, Evergreen, CO 80439
      View Details
    • $750,000

      Prime Commercial Land in Evergreen

      Commercial land with high visibility and accessibility in Evergreen, CO.
      3949 Evergreen Pkwy Access Road, Evergreen, CO 80439
      View Details
    • $895,000
      1,618 SF

      Equestrian Property with Vintage Log Cabin

      Three-acre Evergreen property with horse setup, home, and log cabin.
      8830 Blue Creek, Evergreen, CO 80439
      View Details
    • $1,150,000

      Evergreen Development Site For Sale

      Rare residential/commercial zoned property in Evergreen, Colorado.
      32085 Castle Court, Evergreen, CO 80439
      View Details
    • $2,485,000
      15,907 SF

      Historic Inn Ideal for Many

      Historic inn suitable for various uses near Downtown Evergreen.
      8136 S Brook Forest Rd, Evergreen, CO 80439
      View Details
    • $595,000
      3,300 SF

      Evergreen Office/Warehouse Versatile Building

      3,300 SF building ideal for office or office warehouse use.
      35715 U.S. Highway 40 Unit D203-D204, Evergreen, CO 80439
      View Details
    • $1,988,000

      Land with I-70 and Hwy 40 Frontage

      4.6+ acre land with high visibility and accessibility.
      29793 Ruby Ranch, Evergreen, CO 80439
      View Details
    • $2,240,000

      Evergreen Development Opportunity: 7.10 Acres

      7.10 acres approved for mixed-use development in Evergreen, Colorado.
      1162 Swede Gulch, Evergreen, CO 80439
      View Details
    • $2,950,000

      Evergreen Multifamily Investment Opportunity

      Six contiguous properties in downtown Evergreen, Colorado, with significant upside potential.
      27957-28178 Knowles Road, Evergreen, CO 80439
      View Details
    • $600,000
      2,750 SF

      Renovated Office Building For Sale

      Recently renovated office building with ample parking and great visibility.
      30922 Hilltop Dr, Evergreen, CO
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.2-acre vacant land parcel in Sprucedale Park Subdivision.
    Where is this residential land & home lot located?
    The property is located at 7000 - 7022 Blue Creek Rd Evergreen, CO.
    What is the asking price?
    The asking price for this property is $189,500.
    What are key features of this property?
    This property features: 1.2‑acre vacant land parcel in Evergreen's desirable Sprucedale Park Subdivision.; **South‑facing orientation and gentle grade ideal for a custom home with walkout design.**; Electricity on the lot and water tap available through Cragmont Water District.
    (720) 594-5902
    We can help!
    Listing Contact
    Kevin Shepard
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!