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

    Forbes Rd, Fort Garland, CO 81133

    View on Map
    Claim this Listing
    For Sale
    $56,000

    LAND - Fort Garland, CO

    Lot size:
    31.08 Acres
    Added:
    Mar 16, 2026
    Days on Market:
    57
    Last Refresh:
    May 11 at 7:06 am

    Property Features for Forbes Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R
    Standard status
    Active
    APN
    70276250
    Lot size
    31.08 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Sangre de Cristo Ranch UNIT Y-2 BLOCK 271 LOT 6171 CONT 31.077 AC
    Tax Annual Amount
    908

    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 16, 2026

    MLS# 238661 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.

    HighLights

    • 31+ acres of mountain property with rolling hills and usable flat areas.
    • Stunning mountain views and a true Colorado atmosphere with aspens and pines.
    • Two RV‑ready sites at different elevations connected by custom steps.
    • Regular elk herd migration and abundant wildlife for hunting or observation.
    • Suitable for camping, RVs, recreation, or future building.
    • Offers peace, privacy, and mountain beauty.

    Overview

    This 31.077-acre mountain property in the Sangre de Cristo Ranches features rolling hills and usable flat areas. The land offers views and a Colorado mountain atmosphere with aspens and pines. Two RV sites are situated at different elevations, connected by custom rock-and-wood steps. Wildlife, including an elk herd and deer, frequents the property, making it suitable for hunting or a private retreat. The property is suited for camping, RVs, recreation, or future building. A future well is to be drilled by the buyer. The zoning is R.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Fort Garland
    County
    Costilla
    State
    Colorado
    Longitude
    -105.258867
    Latitude
    37.284473

    Nearby Similar for Sale

    • $39,999

      Forbes Park Corner Lot

      Amazing 5-acre corner lot with mountain and valley views.
      Forbes Pk lot: 184, Fort Garland, CO 81133
      View Details
    • $44,900

      Forbes Park Land with Mountain Views

      6.52 acres of level lots with mountain views.
      1812-15 Forbes Park Rd., Fort Garland, CO 81133
      View Details
    • $35,000

      Mountain Land with Meadow Views

      5.19 acres of mountain property with year-round access.
      1915 Kiers Ln, Fort Garland, CO 81133
      View Details
    • $15,000

      Forbes Park Wooded Land Parcel

      2.9 acres of wooded privacy in Forbes Park, Colorado.
      TBD Lot 3170 Purnell Ln, Fort Garland, CO 81133
      View Details
    • $12,000

      Forbes Park Land Parcel

      2.15-acre parcel in Forbes Park, perfect for recreation.
      Laker Ln lot: 1131, Fort Garland, CO 81133
      View Details
    • $15,000

      Forbes Park Wooded Mountain Property

      2.9 acres of wooded privacy in Forbes Park, Colorado.
      TBD Lot 3170 Purnell Lane, Fort Garland, CO 81133
      View Details
    • $33,333

      Fort Garland Mountain Property

      2.6 acre build-ready lot in Forbes Park.
      Forbes Pk lot: 542, Fort Garland, CO 81133
      View Details
    • $12,000

      Mountain Land in Forbes Park

      1.86-acre parcel in gated community with mountain views.
      1070 Reed Lane, Fort Garland, CO 81133
      View Details
    • $12,000

      Land in Gated Forbes Park

      1.86-acre parcel in Forbes Park community with mountain views.
      1070 Reed Ln, Fort Garland, CO 81133
      View Details
    • $12,000

      Mountain Land in Forbes Park

      1.41-acre parcel in gated community with mountain views.
      1069 Reed Lane, Fort Garland, CO 81133
      View Details
    • $30,000

      Mountain Land with Water Well

      2.24-acre lot in Forbes Park with water well.
      1654 Cary Lane, Fort Garland, CO 81133
      View Details
    • $129,900

      6.1 Acres in Fort Garland

      Land with utilities and panoramic views in Fort Garland, CO.
      Riccardo Ln, Fort Garland, CO 81133
      View Details

    FAQs

    What type of property is this?
    Recreation land - 31.08-acre mountain property ideal for recreation and future building.
    Where is this recreation land located?
    The property is located at Forbes Rd Fort Garland, CO.
    What is the asking price?
    The asking price for this property is $56,000.
    What are key features of this property?
    This property features: 31+ acres of mountain property with rolling hills and usable flat areas.; Stunning mountain views and a true Colorado atmosphere with aspens and pines.; **Two RV‑ready sites at different elevations connected by custom steps.**
    (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

    Thank You for Inquiry
    Forbes Rd, Fort Garland, CO 81133
    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!