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

    Thrush Ln, Unit 21 Hartsel, CO 80449

    View on Map
    Sponsored
    For Sale
    Contact for pricing

    LAND - Hartsel, CO

    Lot size:
    5.50 Acres
    Days on Market:
    7
    Last Refresh:
    Mar 7 at 3:06 am

    Property Features for Thrush Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    00011311
    Lot size
    5.50 Acres

    We can help!

    Listing Contact
    Sharanne Rothenbucher
    Sharanne Rothenbucher

    Performance Group of Colorado, LLC (719) 269-7355

    Listing agent Sharanne Rothenbucher (719) 406-1141

    Listing date Mar 1, 2026

    MLS# 9926110 Listing URL

    Copyright © 2026 Royal Gorge 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.

    Learn more

    Property Insight Report

    Overview

    Hartsel, Colorado Residential Lot

    This 5.5-acre residential lot is located a few miles south of Hartsel, Colorado, with convenient year-round access via a short drive off Highway 9. The slightly sloping parcel is suitable for building a mountain getaway or full-time home. The property is surrounded by open spaces and mountain views, and is located near outdoor recreation opportunities. Spinney Mountain Reservoir and Eleven Mile Reservoir are just minutes away, offering Gold Medal fishing waters, boating, and hiking. The property offers privacy, convenience, and adventure in South Park's high-country landscape. The adjacent parcel, Lot 24 Thrush Lane, is also available for purchase, offering the potential for expanded space, added privacy, or future investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hartsel
    County
    Park
    State
    Colorado
    Longitude
    -105.724268
    Latitude
    38.915944

    Nearby Similar for Sale

    • New
      $70,000
      0.09 Acres

      Land Near National Forest

      Land with amenities near fishing and national forest.
      119 Water Tank Cir, Hartsel, CO 80449
      View Details
    • $30,000
      0.08 Acres

      RV Lot with Mountain Views

      RV lot with camper, amenities, and stunning mountain views.
      43 Rail Way, Hartsel, CO 80449
      View Details
    • $600,000

      Established Restaurant on State Highway

      Turnkey restaurant with rustic charm and expansion potential.
      12779 Highway 24, Hartsel, CO 80449
      View Details
    • $79,000
      0.11 Acres

      Hartsel Improved Land For Sale

      RV camping lot with amenities in gated community, Hartsel, Colorado.
      124 Clubcar Rd, Hartsel, CO 80449
      View Details
    • $95,000

      Colorado Adventure Base Campground Property

      Campground property near fishing and national forest with amenities.
      162 Clubcar Rd, Hartsel, CO 80449
      View Details
    • $99,000

      Park Model in Gated Community

      Park model in gated community with many amenities for sale.
      161 Tressel Trl, Hartsel, CO 80449
      View Details
    • $40,000

      Camping Spot in Gated Community

      Camping spot with amenities near Antero Reservoir.
      111 Spike Way, Hartsel, CO 80449
      View Details
    • $83,000

      RV Camping Lot with Amenities

      RV camping lot with amenities in gated Colorado community.
      124 Clubcar Rd, Hartsel, CO 80449
      View Details
    • $85,000

      RV Camping Lot with Amenities

      RV camping lot with amenities in gated community.
      545 Depot Dr, Hartsel, CO 80449
      View Details
    • $115,000

      Park Model in Gated Community

      Park model in gated community with extensive amenities.
      192 Clubcar Rd, Hartsel, CO 80449
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 5.5-acre residential lot near Spinney and Eleven Mile Reservoirs.
    Where is this residential land & home lot located?
    The property is located at Thrush Ln, Unit 21 Hartsel, CO.
    What is the asking price?
    The asking price for this property is $23,000.
    What are key features of this property?
    This property features: - Breathtaking mountain views from this 5.5-acre residential lot.; - Close to Spinney Mountain and Eleven Mile Reservoirs, perfect for Gold Medal fishing, boating, and hiking.; - Easy, year-round access via Highway 9.
    (719) 406-1141
    Request Owner's contact information
    Thrush Ln, Unit 21 Hartsel, CO 80449
    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.
    Thrush Ln, Unit 21
    Hartsel, CO 80449
    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
    Thrush Ln, Unit 21 Hartsel, CO 80449
    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
    Sharanne Rothenbucher
    Sharanne Rothenbucher
    Real Estate License ID: FA100013931
    (719) 406-1141 (719) 583-1100 (719) 269-7355
    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!