Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Platoro Mining Claims with Creek Title is generated by Realmo AI

    X1&2 Forest Service Road 380, Antonito, CO 81120

    View on Map
    Claim this Listing
    New
    For Sale
    $225,000

    Mining Claim - Platoro, CO

    Lot size:
    17.45 Acres
    Added:
    May 8, 2026
    Days on Market:
    2
    Last Refresh:
    May 9 at 6:06 pm

    Property Features for X1&2 Forest Service Road 380

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    17.45 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Shane Jones
    Shane Jones

    Listing agent Shane Jones

    Listing office Best of Pagosa Springs 462 Lewis Street, Pagosa Springs, CO

    Listing date May 8, 2026

    MLS# 834501 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.

    HighLights

    • 17+/- acres comprised of two patented mining claims (Midway & North Side).
    • Year‑round rushing creek running through the property.
    • Easy access and good buildable ground.
    • Proximity to high peaks of the Continental Divide.
    • World‑class hunting, fishing, hiking, ATV riding, and sled‑accessed skiing.
    • Warming hut/emergency shelter with wood‑burning stove.

    Overview

    The property consists of approximately 17 acres comprised of two patented mining claims: the Midway and the North Side. Both claims offer easy access and good buildable ground. A year-round rushing creek runs through the middle of the claims. The property is located near the high peaks of the continental divide to the west, and the Conejos River and Platoro Reservoir over the ridge to the south. Recreational opportunities include hunting, fishing, hiking, ATV riding, and sled-accessed skiing. A warming hut/emergency shelter with a wood-burning stove that fits a couple of cots is located on the North Side claim. The property is located in the South San Juan's area of Colorado.
    Location Intelligence

    Current Use by Public Records

    Mining land & claims

    Map

    City
    Antonito
    County
    Conejos
    State
    Colorado
    Longitude
    -106.263
    Latitude
    37.1816

    Nearby Similar for Sale

    • $30,000

      Buildable Lot in Gated Community

      Flat, buildable lot with mature trees and river access.
      Lot 48 Cottonwood Drive, Antonito, CO 81120
      View Details
    • $45,000

      Heavily Wooded Lot with Views

      1.3 acre lot near Conejos River, ready for dream home.
      1506 Clarke Mountain Lane, Antonito, CO 81120
      View Details
    • $459,000

      Antonito Land with Well and Power

      32.27 acres with well, power, driveways, and spring.
      01195 Rito Hondo Rd, Antonito, CO 81120
      View Details
    • $375,000

      Greenhouse/Office/Residential Space for Sale

      Turn-key greenhouse/office/residential space with modern features, ready for business.
      115 Rio Vista Ave, Antonito, CO 81120
      View Details
    • $37,995

      Three Acres in Conejos River

      Three contiguous acres in Conejos River Trails subdivision, Antonito, Colorado.
      TBD Conejos River Trails, Antonito, CO 81120
      View Details
    • $60,000

      Horca Subdivision Buildable Lots

      Two adjacent flat lots with mature trees and river access.
      Lot 25&26 Cottonwood Drive, Antonito, CO 81120
      View Details
    • $28,000

      40 Acres of Open Opportunity

      40-acre parcel near Antonito, Colorado, ideal for various uses.
      TBD Jarmillo Rd, Antonito, CO 81120
      View Details
    • $22,500

      Antonito, Colorado Commercial Land

      Commercial land with utilities available near New Mexico.
      TBD Rio Vista Ave., Antonito, CO 81120
      View Details
    • $16,200

      Antonito, Colorado Home Sites

      Residential lots in Antonito, Colorado, with utilities available.
      TBD Commerce St., Antonito, CO 81120
      View Details
    • $435,000

      59 Acres Irrigated Farmland

      59 acres of irrigated farmland with water rights and views.
      TBD County Road 12.5, Antonito, CO 81120
      View Details
    • $24,500

      Antonito, CO Mountain Property

      Land with access to landowners lodge and fishing rights.
      Lot 11 Conejos River Trails, Antonito, CO 81120
      View Details
    • $24,500

      Antonito, CO Residential Land

      Residential land with access to landowners lodge and fishing rights.
      Lot 10 Conejos River Trails, Antonito, CO 81120
      View Details

    FAQs

    What type of property is this?
    Mining land & claim - Two patented mining claims with creek access and recreational opportunities.
    Where is this mining land & claim located?
    The property is located at X1&2 Forest Service Road 380 Antonito, CO.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: 17+/- acres comprised of two patented mining claims (Midway & North Side).; Year‑round rushing creek running through the property.; Easy access and good buildable ground.
    (970) 844-0166
    We can help!
    Listing Contact
    Shane Jones
    Shane Jones
    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

    Thank You for Inquiry
    X1&2 Forest Service Road 380, Platoro, CO 81120
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!