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

    Larkspur Dr Carbondale, CO 81623

    Sponsored
    For Sale
    $595,000

    LAND - Carbondale, CO

    Lot size:
    2.02 Acres
    Days on Market:
    22
    Last Refresh:
    Jan 29 at 10:06 am

    Property Features for Larkspur Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RES
    APN
    239133204028
    Lot size
    2.02 Acres

    We can help!

    Listing Contact
    Sam Augustine

    Compass Colorado LLC (970) 925-6063

    Listing agent Sam Augustine (646) 629-4353

    Listing date Jan 8, 2026

    MLS# 190042 Listing URL

    Copyright © 2026 Aspen/Glenwood Springs MLS. 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

    Carbondale Land with Cerise Ranch Access

    This property offers an opportunity to build a residence on a flat, buildable lot situated on over two acres in the mid-valley. The location provides convenient proximity to both Carbondale and Basalt. The property features expansive views, space, and privacy. Residents have access to the Cerise Ranch clubhouse, pool, and volleyball courts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Carbondale
    County
    Garfield
    State
    Colorado
    Longitude
    -107.11752
    Latitude
    39.407333

    Nearby Similar for Sale

    • $2,550,000
      5,382 SF

      Spacious Home with Mt. Sopris Views

      Luxurious Carbondale home with en-suite bedrooms and stunning views.
      289 Sweet Grass, Carbondale, CO 81623
      View Details
    • New
      $6,050,000
      7,816 SF

      Downtown Carbondale Mixed-Use Opportunity

      Three parcels with income potential in Carbondale's Historic Commercial Core.
      50 Weant Blvd, Carbondale, CO 81623
      View Details
    • $3,745,000
      3,800 SF

      Historic Carbondale Commercial Core Opportunity

      Iconic 1898 brick building with modern functionality in Carbondale, CO.
      55 N 4Th St, Carbondale, CO 81623
      View Details
    • $4,100,000
      5,400 SF

      Aspen Glen Duplex: Mountain Living

      Contemporary duplex in Aspen Glen with mountain views and amenities.
      65 Upland Ln, Carbondale, CO 81623
      View Details
    • $400,000
      1 SF

      Carbondale Restaurant Business Opportunity

      Turnkey restaurant in prime Carbondale location with established clientele.
      995 Cowen Dr, Carbondale, CO 81623
      View Details
    • New
      $3,100,000
      3,855 SF

      Contemporary Duplex in Gated Community

      New construction duplex with mountain views in a golf community.
      65 Upland Ln, Carbondale, CO 81623
      View Details
    • New
      $445,000
      984 SF

      Commercial Condo in Central Carbondale

      Light-filled, flexible commercial condo in the heart of Carbondale.
      1370 Main St, Carbondale, CO 81623
      View Details
    • $2,950,000
      3,335 SF

      New Carbondale Duplex with Golf Frontage

      New construction duplex in River Valley Ranch with mountain views.
      3600 Crystal Bridge Dr, Carbondale, CO 81623
      View Details
    • $2,950,000
      3,335 SF

      New Duplex in River Valley Ranch

      New construction duplex with golf course frontage and mountain views.
      3580 Crystal Bridge Dr, Carbondale, CO 81623
      View Details
    • $250,000
      524 SF

      Updated Commercial Unit in Carbondale

      524 sq ft commercial unit in a visible Carbondale plaza.
      600 Co-133, Carbondale, CO 81623
      View Details
    • $1,995,000
      2,293 SF

      Remodeled Townhome in Aspen Glen

      Luxurious, remodeled townhome with modern amenities in a gated community.
      70 Golden Bear Dr, Carbondale, CO 81623
      View Details
    • $769,000
      1,514 SF

      Downtown Carbondale Condo with Deck

      Three-bedroom condo in downtown Carbondale with private deck and garage.
      1468 W Main St, Carbondale, CO 81623
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two-acre Carbondale lot with access to Cerise Ranch amenities.
    Where is this residential land & home lot located?
    The property is located at Larkspur Dr Carbondale, CO.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - Large, flat, buildable lot (over two acres) in a desirable mid-valley location.; - Convenient proximity to both Carbondale and Basalt.; - Expansive views, space, and privacy.
    (646) 629-4353
    Request Owner's contact information
    Larkspur Dr Carbondale, CO 81623
    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.
    Larkspur Dr
    Carbondale, CO 81623
    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
    Larkspur Dr Carbondale, CO 81623
    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
    Sam Augustine
    Real Estate License ID: FA100074252
    (646) 629-4353
    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.