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

    Pine Dr Beulah, CO 81023

    View on Map
    Claim this Listing
    For Sale
    $395,000

    LAND - Beulah, CO

    Lot size:
    97.80 Acres
    Added:
    Mar 14, 2026
    Days on Market:
    36
    Last Refresh:
    Apr 18 at 3:06 pm

    Property Features for Pine Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A-3
    Standard status
    Active
    APN
    3810016011
    Lot size
    97.80 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    To be provided by title from recent survey
    Tax Annual Amount
    12344

    We can help!

    Listing Contact
    Caren Ermel

    Listing agent Caren Ermel

    Listing office Southern Colorado Mountain Real Estate CO

    Listing date Mar 14, 2026

    MLS# 238627 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.

    Overview

    Expansive Beulah Valley Homesite

    This 97-acre homesite in Beulah Valley offers privacy, year-round flat access, and no HOA restrictions. The property is not visible from the road, providing seclusion. Located near the 611-acre Mountain Park and San Isabel National Forest, it offers opportunities for hiking, camping, and wildlife watching. The land includes open meadows with native grasses, wooded areas, rock formations, and abundant wildlife. Multiple building sites offer views and sunlight, suitable for a cabin, mountain home, or estate. The property is located moments away from the village of Beulah, 24 miles from Pueblo, 50 miles from Canon City, and 75 miles from the Colorado Springs airport. A well permit can be obtained, and utilities are available. Access is provided by easement through 8840 Pine Drive off Hwy 78. The property is intended for residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Beulah
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.9814883
    Latitude
    38.0640098

    Nearby Similar for Sale

    • $85,000

      Land in Gated Beulah Community

      5+ acre lot with drilled well in Beulah, Colorado.
      Cedar Grove Rd., Beulah, CO 81023
      View Details
    • $35,000

      Colorado Land with Mountain Views

      5-acre parcel in Twin Butte Estates with open space access.
      Cedar Grove Rd. lot: 73, Beulah, CO 81023
      View Details
    • $49,000

      Land with Mountain Views

      5-acre lot in gated community near Canyon Trail.
      Hart Ranch Dr lot: 36, Beulah, CO 81023
      View Details
    • $961,000
      7,880 SF

      Beulah Commercial Property with Grow Potential

      Commercial property registered for cannabis growing with multiple buildings.
      1840 Pope Valley Ranch Rd, Beulah, CO 81023
      View Details
    • $961,000

      Beulah Commercial Cannabis Growing Property

      Commercial property registered for cannabis growing with multiple buildings.
      1840 Pope Valley Ranch Road, Beulah, CO 81203
      View Details
    • $225,000

      Land Bordering National Forest

      Rare 35-acre property in Beulah Highlands bordering National Forest.
      Beulah Highlands Road, Beulah, CO 81023
      View Details
    • $55,000

      Land with Mountain Views

      6.61 acre lot perfect for building a dream home.
      Good Pasture Dr lot: 14, Beulah, CO 81023
      View Details
    • $349,000

      40 Acres of Colorado Freedom

      40 acres in Beulah, CO with diverse landscape.
      40 Acres Hwy 78, Beulah, CO 81023
      View Details
    • $34,000

      Land in Beulah, Colorado

      4.24 acre land for sale in Beulah, Colorado.
      Good Pasture Drive lot: 8, Beulah, CO 81023
      View Details
    • $35,000

      Land with Mountain Views

      Spacious lot in Twin Butte Estates with utilities available.
      Garrett Dr lot: 62, Beulah, CO 81023
      View Details
    • $44,000

      5 Acres in Twin Butte Estates

      5-acre parcel with canyon and mountain views in gated community.
      Garrett Road lot: 60, Beulah, CO 81023
      View Details
    • $210,000

      80 Acres in Beulah, Colorado

      80-acre fenced land parcel near Pueblo with mountain views.
      Waterbarrel Road, Beulah, CO 81023
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 97-acre homesite with privacy, flat access, and no HOA.
    Where is this residential land & home lot located?
    The property is located at Pine Dr Beulah, CO.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 97‑acre homesite offering rare privacy and seclusion, not visible from the road.; Year‑round flat access and no HOA restrictions.; Minutes from Mountain Park (611 acres) and San Isabel National Forest, providing access to outdoor activities.
    (719) 470-8388
    We can help!
    Listing Contact
    Caren Ermel
    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!