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

    N /A Bayfield, CO 81122

    Sponsored
    For Sale
    $1,200,000

    Commercial - Bayfield, CO

    Lot size:
    40.00 Acres
    Days on Market:
    335
    Last Refresh:
    Jan 31 at 2:06 pm

    Property Features for N /A

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    40.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Ashley Blackmore
    Ashley Blackmore

    Blackmore Group (970) 903-7477

    Listing agent Ashley Blackmore (970) 444-2431

    Listing date Mar 3, 2025

    MLS# 821551 Listing URL

    Copyright © 2026 Colorado Real Estate Network Inc. 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

    Overview

    Bayfield Agricultural Land for Development

    This large 40-acre parcel of land is located in Bayfield, Colorado. Currently zoned as Agricultural, the property's highest and best use may be to annex, subdivide, and develop, although buyers should verify this potential. The location of the property is advantageous, situated above Dove Ranch. Some roads have been roughed in around the property.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Bayfield
    County
    La Plata
    State
    Colorado
    Longitude
    -107.574
    Latitude
    37.3933

    Nearby Similar for Sale

    • $1,200,000
      17,768 SF

      Historic Multi-Use Bayfield Property

      Historic Bayfield property with established tenants and redevelopment potential.
      658 S East St, Bayfield, CO 81122
      View Details
    • $6,500,000
      18,000 SF

      Grocery Anchored Retail Center

      Dominant retail center with grocery store in Bayfield, Colorado.
      381 Colorado Dr, Bayfield, CO 81122
      View Details
    • $3,000,000
      10,000 SF

      Profitable Grocery Store Business Opportunity

      Turnkey grocery store business in Bayfield, Colorado for sale.
      381 Colorado Dr Dr, Bayfield, CO 81122
      View Details
    • $99,000
      1,216 SF

      Bayfield Home with Fenced Yard

      Inviting 3-bedroom home with garden, near Durango and nature.
      1591 County Road 526, Bayfield, CO 81122
      View Details
    • $7,913,000

      Tractor Supply Company Investment Property

      NN leased Tractor Supply Company in Bayfield, Colorado for sale.
      385 Bayfield Center Dr, Bayfield, CO 81122
      View Details
    • $425,000

      Bayfield Specialty Property For Sale

      Specialty property available in Bayfield, Colorado.
      14810 County Road 501, Bayfield, CO 81122
      View Details
    • $1,390,000
      6,485 SF

      Bayfield CO Mixed-Use Property

      Mountain Retreat w/ Cabins & Log Home
      7100 Unit Parcel 1, Bayfield, CO 81122
      View Details
    • $69,000
      772 SF

      AJ's Pizza: Turnkey Bayfield Business

      Established Pizza Business - High Traffic Location
      381 Colorado Dr, Bayfield, CO 81122
      View Details
    • $1,615,000
      9,433 SF

      433.5 sq. ft. multi use commercial building with 6

      400 sq ft shop \/ insulated heated warehouse space
      543 Sower Dr, Bayfield, CO 81122
      View Details
    • $2,490,000
      10,058 SF

      7100 Crk 501, Bayfield, CO 81122

      Mixed-use properties • 10,058 SF
      7100 Crk 501, Bayfield, CO 81122
      View Details

    FAQs

    What type of property is this?
    Land - Large agricultural parcel in growing Bayfield, potential for development.
    Where is this land located?
    The property is located at N /A Bayfield, CO.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Large parcel of land in a growing area (Bayfield); - Potential for annexation, subdivision, and development (buyer to verify); - Prime location above Dove Ranch
    (970) 903-7477
    Request Owner's contact information
    N /A Bayfield, CO 81122
    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.
    N /A
    Bayfield, CO 81122
    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
    N /A Bayfield, CO 81122
    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
    Ashley Blackmore
    Ashley Blackmore
    (970) 903-7477
    Learn more
    Google sign-in failed. Please try again or use another login method.