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

    County Rd 93.9 Las Animas, CO 81059

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Las Animas, CO

    Lot size:
    40.31 Acres
    Added:
    Jan 12, 2026
    Days on Market:
    97
    Last Refresh:
    Apr 19 at 7:06 am

    Property Features for County Rd 93.9

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AG
    Standard status
    Active
    APN
    12492300
    Lot size
    40.31 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LAS ANIMAS RANCH 23-29-62 NESW-CONT-40.0 ACRS M/L; OTHERS ON DEED; ADAM ISAAC FLETCHER AS TC
    Tax Annual Amount
    261

    We can help!

    Listing Contact
    Tara Morris

    Listing agent Tara Morris

    Listing office HomeSmart CO

    Listing date Jan 12, 2026

    MLS# 236435 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

    Southern Colorado Land Parcel

    This slightly over 40-acre parcel is located in Las Animas County near Model, Colorado. The property offers open skies, quiet surroundings, and expansive land. It is suited for those seeking room to roam, invest, or plan a future build. The zoning is AG.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Las Animas
    County
    Bent
    State
    Colorado
    Longitude
    -104.063
    Latitude
    37.5307

    Nearby Similar for Sale

    • $105,000
      2,112 SF

      High-Visibility Corner Retail Space

      Retail space with high visibility and flexible business possibilities.
      702 Grove Ave, Las Animas, CO 81054
      View Details
    • $59,500
      1,289 SF

      Highway Frontage Commercial Building

      Commercial building with highway frontage and marketing visibility.
      104 Bent, Las Animas, CO 81054
      View Details
    • $67,500

      Spacious Lot with Shop Buildings

      Generous lot with shop buildings, utilities available, versatile uses.
      940 Carson Ave, Las Animas, CO 81054
      View Details
    • $57,500

      Las Animas Commercial Land

      Corner lot with poured pads ready for storage units.
      531 Carson Ave, Las Animas, CO 81054
      View Details
    • $39,500
      1,064 SF

      Commercial Lot on Highway 50

      Corner lot with highway visibility, ready for remodeling.
      268 Bent, Las Animas, CO 81054
      View Details
    • $31,000

      Land in Las Animas, CO

      One-acre lot with trees, suitable for building or other uses.
      10525 County Rd EE, Las Animas, CO 81054
      View Details
    • $10,000

      Las Animas Land Opportunity

      Three in-town lots, ideal for building or investment.
      1100 E Elm Ave, Las Animas, CO 81054
      View Details
    • $60,000
      2,110 SF

      Las Animas Commercial Buildings

      Commercial buildings with long-term tenants in Las Animas, CO.
      621&623 Carson Ave, Las Animas, CO 81054
      View Details
    • $10,000

      Residential Lot with Mature Trees

      In-town lot ready for a custom-built home.
      1046 Locust Ave, Las Animas, CO 80154
      View Details
    • $14,999

      Vacant Lot in City Limits

      Vacant commercial land in Las Animas, Colorado.
      705 Locust Ave, Las Animas, CO 81054
      View Details
    • $10,000

      Residential Lot with Mature Trees

      In-town lot with utilities ready for a custom home.
      1032 Locust Ave, Las Animas, CO 80154
      View Details
    • Contact for pricing
      11,380 SF

      Family Dollar Investment Opportunity

      Free-standing Family Dollar with extension and development potential.
      307 6th Street, Las Animas, CO 81054
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 40+ acre parcel in Las Animas County, Colorado.
    Where is this agricultural land / farmland located?
    The property is located at County Rd 93.9 Las Animas, CO.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Over 40‑acre parcel provides ample space.; Located in Las Animas County, Southern Colorado.; Ideal for investment purposes.
    (719) 240-3995
    We can help!
    Listing Contact
    Tara Morris
    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!