Sign Up Successful!
You now have access to more from Realmo!
    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

    L15 Co Rd 255 Westcliffe, CO 81252

    Sponsored
    For Sale
    $210,000

    Vacant Land - Westcliffe, CO

    Lot size:
    35.31 Acres
    Days on Market:
    184
    Last Refresh:
    Jan 23 at 2:06 am

    Property Features for L15 Co Rd 255

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Horse Property,Rural Residential
    APN
    0010237171
    Exterior features
    Access- All Year, Horse Property, View of Mountains
    Lot size
    35.31 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kayla Brady

    John Goebel, Broker (719) 458-9852

    Listing agent Kayla Brady (719) 494-4617 License #FA100080398

    Listing date Jul 24, 2025

    MLS# 2517484 Listing URL

    Copyright © 2026 Westcliffe Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Westcliffe Vacant Land Opportunity

    Multiple 35-acre lots are available in a new subdivision near the historic town of Westcliffe, Colorado. The properties offer views of the Sangre de Cristo mountains. These lots are suitable for horse lovers, offering freedom with no HOA restrictions. The possibilities include a modern retreat, an off-grid escape, or a ranch. Electricity is nearby, and a well has already been drilled. Westcliffe offers summer music festivals, shopping, and local dining. The surrounding area is suitable for hunting, fishing, hiking, and off-roading. White-water rafting, zip line tours, and entertainment are within an hour's drive to Canon City and Salida, with Pueblo and Colorado Springs a bit further. The zoning allows for horse property and rural residential use. The lot sizes average 35.31 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Westcliffe
    County
    Custer
    State
    Colorado
    Longitude
    -105.4220976
    Latitude
    38.1643245

    Nearby Similar for Sale

    • $795,000

      Versatile Commercial Building in Westcliffe

      6,900 SF commercial building with office and warehouse space.
      101 Ridgeline Dr, Westcliffe, CO 81252
      View Details
    • $4,750,000
      4,048 SF

      Turnkey Wedding Venue & Ranch Retreat

      Premier wedding venue and ranch retreat on 84 acres.
      701 Co Rd 120, Westcliffe, CO 81252
      View Details
    • $795,000
      3,450 SF

      Versatile Commercial Building with Warehouse

      Commercial building with office and warehouse space in Westcliffe, CO.
      101 Ridgeline Dr, Westcliffe, CO 81252
      View Details
    • $425,000
      2,112 SF

      Renovated Studio in Westcliffe, Colorado

      Stunning 2,060 sq ft studio in the heart of Westcliffe.
      107 S 2 St, Westcliffe, CO 81252
      View Details
    • $4,750,000
      84.94 Acres

      Westcliffe, Colorado Wedding Venue/Ranch

      Turnkey wedding venue and ranch retreat on 84 acres.
      701 County Road 120, Westcliffe, CO 81252
      View Details
    • $475,000
      1,017 SF

      Westcliffe Commercial Building on Main

      Commercial building in Westcliffe, Colorado, with ample parking and rich history.
      902 Main St, Westcliffe, CO 81252
      View Details
    • $695,000
      1,238 SF

      Westcliffe Commercial Building with Bistro

      Established restaurants for sale in a lively mountain town.
      101 N 3 St, Westcliffe, CO 81252
      View Details
    • $495,000

      Westcliffe Commercial Property on Main

      Commercial property on Main Street in Westcliffe, Colorado for sale.
      902 W Main St, Westcliffe, CO 81252
      View Details
    • $4,500,000
      1,920 SF

      Established Auto Service Business For Sale

      Profitable auto service business with real estate in Westcliffe, CO.
      802 Main St, Westcliffe, CO 81252
      View Details
    • $139,000
      0.20 Acres

      Westcliffe Bunkhouse with Mountain Views

      Bunkhouse with carport, RV hookups, and Lake DeWeese access.
      70 Kennedy Ln, Westcliffe, CO 81252
      View Details
    • $3,500,000

      Auto Service Center with Acreage

      Turn-key auto service center with additional commercial acreage.
      802 Main, Westcliffe, CO 81252
      View Details
    • $475,000
      2,112 SF

      where you can enjoy a beautiful park as well as enjoy our Dark Skys. Studio C is zoned core commercial

      meaning you can have a commercial entity as well as live in the 2 bedroom
      107 2Nd St, Westcliffe, CO 81252
      View Details

    FAQs

    What type of property is this?
    Land - 35-acre lots near Westcliffe with mountain views and well.
    Where is this land located?
    The property is located at L15 Co Rd 255 Westcliffe, CO.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: - 35-acre lots with breathtaking views of the Sangre de Cristo mountains.; - No HOA, offering true freedom for building and land use.; - Well already drilled, providing a headstart on building.
    (719) 494-4617
    Request Owner's contact information
    L15 Co Rd 255 Westcliffe, CO 81252
    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.
    L15 Co Rd 255
    Westcliffe, CO 81252
    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
    L15 Co Rd 255 Westcliffe, CO 81252
    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

    We can help!
    Listing Contact
    Kayla Brady
    Real Estate License ID: FA100080398
    (719) 494-4617
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.