Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Larkspur Drive Carbondale, CO 81623

    View on Map
    Claim this Listing
    For Sale
    $595,000

    LAND - Carbondale, CO

    Lot size:
    2.02 Acres
    Added:
    Sep 5, 2025
    Days on Market:
    240
    Last Refresh:
    May 2 at 3:06 pm

    Property Features for Larkspur Drive

    General Information

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

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Section: 33 Township: 7 Range: 87 Subdivision: CERISE RANCH SUB-DIV. Lot: 28 PHASE 2 2.019 ACRES
    Tax Annual Amount
    8328

    We can help!

    Listing Contact
    Sam Augustine

    Listing agent Sam Augustine License #FA100074252

    Listing office Compass Aspen 625 E Hyman Ave. #104, Aspen, CO

    Listing date Sep 5, 2025

    MLS# 190042 Listing URL

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

    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
    -107.122709
    Latitude
    39.406037

    Nearby Similar for Sale

    • $625,000
      1,621 SF

      Carbondale Commercial Condo For Sale

      Ground-level commercial condo in La Fontana Plaza, Carbondale.
      570 Highway 133 unit: 6, Carbondale, CO 81623
      View Details
    • $625,000

      Carbondale Commercial Condo For Sale

      Ground-level commercial condo with highway frontage and flexible layout.
      570 Highway 133 6, Carbondale, CO 81623
      View Details
    • $350,000
      1 SF

      Carbondale Restaurant Business Opportunity

      Operating restaurant for sale in prime Carbondale location.
      995 Cowen Drive unit: 101, Carbondale, CO 81623
      View Details
    • $525,000
      1,346 SF

      Turn-Key Restaurant Opportunity

      Restaurant space for lease acquisition, fully built and ready.
      60 El Jebel Road, Carbondale, CO 81623
      View Details
    • $925,000
      1,602 SF

      Carbondale Duplex Near Rio Grande

      Upgraded duplex in Carbondale near shopping and Rio Grande Trail.
      1070 Village Road, Carbondale, CO 81623
      View Details
    • $450,000

      Aspen Glen Build-Ready Lot

      Half-acre lot with golf course and mountain views.
      28 Spring Loop, Carbondale, CO 81623
      View Details
    • $450,000

      Aspen Glen Build-Ready Lot

      Half-acre lot in Aspen Glen with golf course views.
      28 Spring Loop, Carbondale, CO 81623
      View Details
    • $4,085,000
      7,431 SF

      Prime Commercial Space, Carbondale, CO

      Highly visible commercial space with mountain views in Carbondale.
      920 Colorado 133, Carbondale, CO 81623
      View Details
    • $445,000
      984 SF

      Commercial Condo in Central Carbondale

      Light-filled, flexible commercial condo in the heart of Carbondale.
      1370 Main Street, Carbondale, CO 81623
      View Details
    • $2,585,000
      4,134 SF

      Modern Commercial Space with Views

      Highly visible Carbondale commercial space suitable for various businesses.
      920 Colorado 133, Carbondale, CO 81623
      View Details
    • $3,750,000

      Carbondale Commercial Land Opportunity

      Prime Highway 133 location suitable for commercial development.
      888 Highway 133, Carbondale, CO 81623
      View Details
    • $3,715,000
      5,278 SF

      Main Street Architectural Stunner

      Class A office/retail space in vibrant Carbondale location.
      311 Main Street unit: 101, 102, 201, 202, 203, 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 Drive 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
    We can help!
    Listing Contact
    Sam Augustine
    Real Estate License ID: FA100074252
    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

    Larkspur Drive, Carbondale, CO 81623

    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!