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

    798 GCR 834 Fraser, CO 80442

    View on Map
    Claim this Listing
    Pending
    $1,050,000

    LAND - Fraser, CO

    Lot size:
    0.99 Acres
    Added:
    Feb 23, 2025
    Days on Market:
    430
    Last Refresh:
    Apr 29 at 8:06 am

    Property Features for 798 GCR 834

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    158720402018
    Lot size
    0.99 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Subd: RIDGE POINT CONDOMINIUMS
    Tax Annual Amount
    8235

    We can help!

    Listing Contact
    Skylar Marshall

    Listing agent Skylar Marshall License #FA100078143

    Listing office Real Estate of Winter Park PO Box 58 78622 US Highway 40, Winter Park, CO

    Listing date Feb 23, 2025

    MLS# 25-172 Listing URL

    Copyright © 2026 Grand County Board 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.

    Overview

    Fraser Land Development Opportunity

    This property presents a development opportunity for eight condos and six garages. The Ridge Point Condos development has received approval from the GC Planning and is nearing submission to the Building Department. The development plans feature two 3-bedroom, 3-bathroom condos with over 1700 square feet, four 2-bedroom plus den, 2-bathroom condos with 1200 square feet, and two 2-bedroom, 2-bathroom condos with 1000 square feet. A common garage with six stalls is included, along with six additional parking spaces. The property is 0.99 acres and offers views. The Lift bus stop is located across the street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Fraser
    County
    Grand
    State
    Colorado
    Longitude
    -105.797146
    Latitude
    39.941673

    Nearby Similar for Sale

    • $895,000
      2,176 SF

      Fraser Income Property Opportunity

      Income property in Fraser with two units and many updates.
      851 MINK Lane, Fraser, CO 80442
      View Details
    • $749,000

      Land in Rendezvous Community

      1.6-acre homesite with mountain views in Fraser, Colorado.
      1055 Pioneer Trail, Fraser, CO 80442
      View Details
    • $949,000
      1,451 SF

      Turnkey Mountain Townhome with Hot Tub

      Furnished 2-bedroom townhome in Rendezvous, near Winter Park Resort.
      35 Mountain Flower Circle, Fraser, CO 80442
      View Details
    • $750,000

      Land in Rendezvous Community

      Flat, nearly 1-acre homesite with mountain views in Fraser, CO.
      222 BRIDGER TRACE, Fraser, CO 80442
      View Details
    • $1,885,000
      2,942 SF

      Stunning Mountain Residence with Views

      Three-story, fully furnished mountain residence with investment potential.
      158 HAY MEADOW Drive, Fraser, CO 80442
      View Details
    • $1,375,000
      2,200 SF

      Modern Fraser Townhome with Riverfront Views

      New construction 3-bedroom townhome with mountain views and river access.
      144 Clayton Court, Fraser, CO 80442
      View Details
    • $1,300,000
      1,740 SF

      Fraser River Townhome

      Fully furnished townhome with upgrades, short-term rental friendly.
      95 River Run Circle, Fraser, CO 80442
      View Details
    • $765,000

      Residential Land with Mountain Views

      Land in Rendezvous neighborhood with views and building potential.
      1996 Pioneer Trail, Fraser, CO 80442
      View Details
    • $320,000

      Land in Ice Box Estates

      Vacant land with well, near trails and downtown Fraser.
      281 GCR 509, Fraser, CO 80442
      View Details
    • $2,022,172
      2,971 SF

      Fraser Townhome with Lockoff Option

      Four-bedroom townhome with lockoff, near trails, shops, and restaurants.
      234 Hay Meadow Drive lot: 33, Fraser, CO 80442
      View Details
    • $249,000

      Fraser Land with Development Potential

      Vacant lot in Fraser with multi-family zoning and mountain views.
      740 WAPITI Drive, Fraser, CO 80442
      View Details
    • $695,000

      Fraser Land with Mountain Views

      3+ acre homesite in the Reserve at Elkhorn Ridge.
      148 Revels Run, Fraser, CO 80442
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Approved condo development site with mountain views and bus access.
    Where is this residential land & home lot located?
    The property is located at 798 GCR 834 Fraser, CO.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: Approved development opportunity for 8 condos and 6 garages.; Unmatched views.; Includes a mix of condo sizes: two 3bed/3bath (1700+SF), four 2bed+den/2bath (1200+SF), and two 2bed/2bath (1000+SF).
    (970) 581-8529
    We can help!
    Listing Contact
    Skylar Marshall
    Real Estate License ID: FA100078143
    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!