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

    Grass Valley Road Silt, CO 81652

    View on Map
    For Sale
    $400,000

    LAND - Silt, CO

    Lot size:
    79.00 Acres
    Added:
    Jun 3, 2025
    Days on Market:
    304
    Last Refresh:
    Apr 2 at 3:06 am

    Property Features for Grass Valley Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Rural
    Fencing
    Fenced
    Standard status
    Active
    APN
    212702200006
    Lot size
    79.00 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    Lot 4, T5S, R92W, section 2 and lot 13, T4S, R92W, section 35.
    TaxAnnualAmount
    1882

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    Jack K Pretti

    Listing agent Jack K Pretti

    Listing office Coldwell Banker Mason Morse-Carbondale 0290 Hwy 133, Aspen, CO

    Listing date Jun 3, 2025

    MLS# 188534

    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

    79 Acres Bordering BLM Land

    This 79-acre property, accessed via a gated entrance at the end of the road, is bordered on three sides by approximately 11800 acres of public BLM land. The property features a wide-open meadow with views of the east end of the Book Cliffs. Located in GMU 33, it is a location for elk and deer hunting. The Grass Valley Canal runs through the lower portion of the parcel, providing 3 acre-feet of irrigation water rights from the Silt Water Conservancy District. The property is located approximately 20 minutes from the towns of New Castle or Rifle, CO. It is suitable for an off-grid cabin or getaway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Silt
    County
    Garfield
    State
    Colorado
    Longitude
    -107.674
    Latitude
    39.4375

    Nearby Similar for Sale

    • $179,950

      Silt, CO Vacant Land

      1.21 acre vacant land parcel in Silt, Colorado.
      734 N 7th Street, Silt, CO 81652
      View Details
    • $525,000

      Residential Land in Silt, CO

      8+/- acre residential lot with utilities and architectural plans.
      672 Odin Drive, Silt, CO 81652
      View Details
    • $439,000
      1,632 SF

      Silt, CO Half Duplex

      Four-bedroom duplex with fenced yard, deck, and convenient location.
      237 Cottonwood Drive, Silt, CO 81652
      View Details
    • $280,000

      Commercial Lot in Growing Area

      B-2 zoned commercial lot with high visibility and easy access.
      102 MAIN Street, Silt, CO 81652
      View Details
    • $395,000

      Silt, CO Land Parcel

      14.17-acre parcel with water and electric infrastructure in place.
      Mineota Drive, Silt, CO 81652
      View Details
    • $767,000

      Ready-to-Build Multi-Family Lots

      Platted multi-family lots in Painted Pastures Subdivision, Silt, CO.
      W Sabino Lane lot: 1002/1003, Silt, CO 81652
      View Details
    • $395,000

      Spacious Land Parcel in Silt

      14.17-acre parcel with utilities in place, Silt, Colorado.
      Mineota Drive, Silt, CO 81652
      View Details
    • $383,500

      Ready-to-Build Multi-Family Lots

      Platted multi-family lots in Silt, Colorado, ready to build.
      TBD Lot 1001 W Sabino Lane, Silt, CO 81652
      View Details
    • $130,000

      Residential Lot in Bella Vista

      Builder-ready lot with infrastructure in place in Silt, Colorado.
      352 Roan Court, Silt, CO 81652
      View Details
    • $2,850,000

      Silt, CO Land Parcel

      40.58 acre parcel for future development in Silt, CO.
      Grand Avenue, Silt, CO 81652
      View Details
    • $995,000

      Large Acreage Near Silt, Colorado

      291+ acre lot in Harvey Gap Subdivision near Silt.
      County Rd. 237, Silt, CO 81652
      View Details
    • $2,499,000

      Silt, CO Recreational Ranch

      646-acre recreational ranch with hunting, fishing, and direct public land access.
      TBD CR 342, Silt, CO 81652
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 79 acres bordering BLM land, ideal for hunting, off-grid living.
    Where is this agricultural land / farmland located?
    The property is located at Grass Valley Road Silt, CO.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 79 acres bordered on three sides by approximately 11800 acres of public BLM land.; Gated access for privacy.; Located in GMU 33, a prime location for elk and deer hunting.
    (970) 948-6468
    We can help!
    Listing Contact
    Jack K Pretti
    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!