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 St, Unit 31-33 Craig, CO 81625

    View on Map
    Sponsored
    For Sale
    $39,000

    LAND - Craig, CO

    Lot size:
    0.20 Acres
    Days on Market:
    314
    Last Refresh:
    Mar 7 at 8:06 am

    Property Features for Pine St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RLD
    APN
    065931204004
    Lot size
    0.20 Acres

    We can help!

    Listing Contact
    Todd Ambrose
    Todd Ambrose

    Coldwell Banker Mason Morse Real Estate (970) 925-7000

    Listing agent Todd Ambrose (970) 404-1424

    Listing date Apr 28, 2025

    MLS# 187938

    Copyright © 2025 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

    Craig, CO Vacant Land

    This vacant lot in Craig, Colorado, presents a development opportunity within the Craigs View Subdivision. The property is equipped with town water and sewer connections, along with readily available electricity, facilitating a seamless building experience. The location offers views of the surrounding valley. The Residential Low Density zoning allows for single-family detached homes, duplexes, and single-family attached townhomes. Minimum setbacks are 25 feet in the front, 5 feet on the sides, and 15 feet in the rear. The minimum house size is 600 square feet. The Residential Low Density District is intended to define and preserve the urban character of the city's neighborhoods. This is a housing district intended primarily for single-family uses on individual lots of not less than 6,000 square feet. This zone is characterized by tree-lined local streets that continue, and build from, the existing street system. The lot size is 0.2 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Craig
    County
    Moffat
    State
    Colorado
    Longitude
    -107.537419
    Latitude
    40.527501

    Nearby Similar for Sale

    • $350,000
      2,048 SF

      Commercial Property on Highway 40

      Well-maintained commercial property with high visibility on Highway 40.
      1135 Highway 40 E, Craig, CO 81625
      View Details
    • $515,000
      8,824 SF

      Spacious Commercial Building in Craig

      8,824 sq ft commercial building on 1.13 acres.
      261 Commerce St, Craig, CO 81625
      View Details
    • $799,000
      8,824 SF

      Established Gym with Growth Potential

      Turnkey fitness center on 1+ acre lot in Craig, CO.
      261 Commerce St, Craig, CO 81625
      View Details
    • $469,000
      2,800 SF

      Former Pizza Hut Restaurant

      Commercial building with kitchen, cooler, and salad bar.
      1070 W Victory Way, Craig, CO 81625
      View Details
    • $49,900
      6.00 Acres

      Land For Sale in Craig

      6 acre agricultural property suitable for horses and livestock.
      Johnson Loop, Craig, CO 81625
      View Details
    • $375,000

      Turnkey Restaurant Opportunity in Craig

      Remodeled restaurant with great visibility and parking for sale.
      994 Yampa Ave, Craig, CO 81625
      View Details
    • $450,000

      Commercial Building on Corner Lot

      Expansive commercial property with high visibility and excellent signage.
      390 Yampa Ave, Craig, CO 81625
      View Details
    • $850,000

      Turn-Key Restaurant Investment Opportunity

      Fully renovated food hall with business included in Craig.
      1589 W Victory Way, Craig, CO 81625
      View Details
    • $175,000

      Highway Frontage Commercial Building

      Commercial building with highway frontage, currently leased until August 2025.
      1740 Highway 40 E, Craig, CO 81625
      View Details
    • $249,000

      Downtown Craig Office Building For Sale

      Remodeled office building in high-traffic downtown location.
      11 E Victory Way, Craig, CO 81625
      View Details
    • Contact for pricing
      41,294 SF

      Ridgeview West Apartments For Sale

      Apartment complex with diverse unit mix and upside potential.
      615 Riford Rd, Craig, CO 81625
      View Details
    • $5,130,000
      50,320 SF

      Timberglen Apartments in Craig, CO

      54-unit apartment complex with upside potential and recent renovations.
      3465 Douglas St, Craig, CO 81625
      View Details

    FAQs

    What type of property is this?
    Land - Vacant build site with utilities in Craig, Colorado.
    Where is this land located?
    The property is located at Pine St, Unit 31-33 Craig, CO.
    What is the asking price?
    The asking price for this property is $39,000.
    What are key features of this property?
    This property features: - Ready to build vacant lot with town water and sewer connections.; - Electricity readily available on the lot.; - Located in Craigs View Subdivision with panoramic views.
    (970) 404-1424
    Request Owner's contact information
    Pine St, Unit 31-33 Craig, CO 81625
    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.
    Pine St, Unit 31-33
    Craig, CO 81625
    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
    Pine St, Unit 31-33 Craig, CO 81625
    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
    Todd Ambrose
    Todd Ambrose
    Real Estate License ID: 100065972
    (970) 404-1424 (970) 925-7000 (970) 928-9000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!