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

    944434 County Rd 540 Gardner, CO 81040

    View on Map
    Claim this Listing
    For Sale
    $229,000

    LAND - Gardner, CO

    Lot size:
    74.47 Acres
    Added:
    Mar 2, 2026
    Days on Market:
    40
    Last Refresh:
    Apr 11 at 7:06 pm

    Property Features for 944434 County Rd 540

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R
    Standard status
    Active
    APN
    1713834, 1713875
    Lot size
    74.47 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LOT 34 UNIT DD COLORADO LAND & GRAZING RANCH LOT 75 UNIT DD COLORADO LAND & GRAZING RANCH
    Tax Annual Amount
    157

    We can help!

    Listing Contact
    Jacqueline Christian
    Jacqueline Christian

    Listing agent Jacqueline Christian License #40018954

    Listing office Capture Colorado Mtn. Properties. LLC 90 Panadero Ave, La Veta, CO

    Listing date Mar 2, 2026

    MLS# 237339 Listing URL

    Copyright © 2026 Pueblo 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.

    Overview

    74.47 Acres with Mountain Views

    This 74.47-acre property offers views of the Greenhorn Mountain Range, Sangre de Cristo Mountain Range, and Big Sheep and Little Sheep Mountains. The land is located less than 3 miles from Highway 69. The property is fully fenced. Power is available to the lot line. The land has no covenants or restrictions. The property is suitable for hunting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Gardner
    County
    Huerfano
    State
    Colorado
    Longitude
    -105.151191
    Latitude
    37.70788

    Nearby Similar for Sale

    • $85,000

      35 Acres in Gardner, Colorado

      Land with mountain views, wildlife, and recreational opportunities.
      County Rd 572, Gardner, CO 81040
      View Details
    • $195,000
      2,448 SF

      Established Cafe and Grocery Store

      Well-established cafe and grocery store with residential home and RV hookups.
      25447 Hwy 69, Gardner, CO 81040
      View Details
    • $119,000

      Gardner, CO Land with Water

      12-acre fenced property with water rights and mountain views.
      County Rd 571, Gardner, CO 81040
      View Details
    • $39,999

      35 Acres of Colorado Land

      Recreational land with mountain views, hunting, and wildlife viewing.
      Colorado Land and Grazing lot: 62, Gardner, CO 81040
      View Details
    • $550,000

      Huerfano County Land Opportunity

      204 acres of land with water rights.
      1113 CR 576, Gardner, CO 81040
      View Details
    • $39,000

      35 Acres Southern Colorado Land

      35 acres bordering BLM land with mountain views.
      25 Colorado Land and Grazing, Gardner, CO 81040
      View Details
    • $39,000

      Southern Colorado Land with BLM

      35-acre parcel bordering BLM land near Gardner, Colorado.
      27 Colorado Land and Grazing, Gardner, CO 81040
      View Details
    • $64,900

      Expansive Land in Gardner, Colorado

      35-acre undeveloped tract with panoramic views and unmatched tranquility.
      Lizard Ln, Gardner, CO 81040
      View Details
    • $87,500

      Land with Mountain Views

      35.5 acres of land with installed septic and shed.
      Kit Carson Road, Gardner, CO 81040
      View Details
    • $123,000

      35 Acres with Live Water

      35-acre mountain retreat with live water and unobstructed views.
      168 Colorado Land and Grazing, Gardner, CO 81040
      View Details
    • $145,000

      Colorado Wilderness Hunter's Haven

      67+ acres bordering BLM land, ideal for hunting and recreation.
      Colorado Land and Grazing lot: 3, Gardner, CO 81040
      View Details
    • $82,500

      40 Acres Bordering State Land

      Land with unmatched outdoor adventure, bordering State Trust Land.
      CR 634.2, Gardner, CO 81040
      View Details

    FAQs

    What type of property is this?
    Land - Secluded 74.47-acre land with mountain views and river frontage.
    Where is this land located?
    The property is located at 944434 County Rd 540 Gardner, CO.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: 74.47 acres of land with **panoramic mountain views** (Greenhorn, Sangre de Cristo, Big Sheep, Little Sheep).; Huerfano River frontage.; No covenants or restrictions.
    (719) 742-6000
    We can help!
    Listing Contact
    Jacqueline Christian
    Jacqueline Christian
    Real Estate License ID: 40018954
    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!