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

    Ghost River Ranch lot 122 Rye, CO 81069

    View on Map
    For Sale
    $39,999

    LAND - Rye, CO

    Lot size:
    35.15 Acres
    Added:
    Mar 14, 2026
    Days on Market:
    19
    Last Refresh:
    Apr 1 at 1:06 pm

    Property Features for Ghost River Ranch lot 122

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AG
    Standard status
    Active
    APN
    39865
    Lot size
    35.15 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    LOT 122 GHOST RIVER RANCH FILING #3 35.10 AC MAP# 17-S-645 198-272 307-248 332-696 391-442-443 393-937 393-942 12M-889-890 347497 347684 348446 356304 369406 372572
    TaxAnnualAmount
    14

    We can help!

    Listing Contact
    Paul Machmuller
    Paul Machmuller

    Listing agent Paul Machmuller License #40042379

    Listing office Code of the West Real Estate LLC PO Box 1221, La Veta, CO

    Listing date Mar 14, 2026

    MLS# 238624 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.

    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Rye
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.824
    Latitude
    37.9584

    Nearby Similar for Sale

    • $119,000

      Land Near Bartlett Trailhead

      2.94 acres near Bartlett Trailhead with accessory building.
      Bartlett Trail, Rye, CO 81069
      View Details
    • $18,900

      Land Near Lake Isabel

      0.68 acre treed lot near Lake Isabel.
      142 Simmons Rd, Rye, CO 81069
      View Details
    • $104,900

      Mountain Property with Cabin Kit

      1.5-acre mountain property with cabin kit and septic tank.
      Zorn Rd, Rye, CO 81069
      View Details
    • $195,000

      70 Acres Ready-to-Build Land

      70 acres with infrastructure in place, ready for new construction.
      241 Morning Star Rd, Rye, CO 81069
      View Details
    • $11,500

      Picturesque Land Near Lake Isabel

      Land near Lake Isabel and Rye with live Willow Creek.
      Highway 165, Rye, CO 81069
      View Details
    • $19,900

      Forested Lot Near Lake Isabel

      0.73 acre lot near Lake Isabel, Colorado.
      178 Simmons Rd, Rye, CO 81069
      View Details
    • $85,000

      Ghost River Ranch Land

      35.1 acres in Ghost River Ranch with electric and well.
      Ghost River Ranch lot: 102, Rye, CO 81089
      View Details
    • $65,000

      35 Acres in Ghost River Ranch

      Land with mountain views and access to canyons and streams.
      Ghost River Ranch lot: 51, Rye, CO 81069
      View Details
    • $49,000

      Rye, Colorado Land Parcel

      35 acre parcel with mountain views and seasonal creek.
      Lonesome Whistle Rd, Rye, CO 81069
      View Details
    • $115,000

      Rye, Colorado Land with Views

      38.69 acre tract with mountain views in Rye, CO.
      Ghost River Ranch lot: 133, Rye, CO 81069
      View Details
    • $47,900

      Secluded Mountain View Land Parcel

      35+ acre lot perfect for building or camping near Rye.
      Locomotive Ct, Rye, CO 81069
      View Details
    • $29,900

      35.50 Acre Rye Land Parcel

      35.50-acre parcel in Rye, Colorado, offering privacy and natural beauty.
      Coyote Ln, Rye, CO
      View Details

    FAQs

    Where is this agricultural land / farmland located?
    The property is located at Ghost River Ranch lot 122 Rye, CO.
    What is the asking price?
    The asking price for this property is $39,999.
    What are key features of this property?
    This property features: 35 acres bordering State Land; Enjoy seclusion and privacy; Views of plains and Greenhorn Mountain
    (719) 240-0433
    We can help!
    Listing Contact
    Paul Machmuller
    Paul Machmuller
    Real Estate License ID: 40042379
    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!