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    Hooper, Colorado Residential Lots Title is generated by Realmo AI

    tbd Lots 1-12 BLK 12, Hooper, CO 81136

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    Residential - Hooper, CO

    Type:Single Family Residence
    Lot size:
    1.50 Acres
    Added:
    May 7, 2026
    Days on Market:
    3
    Last Refresh:
    May 9 at 6:06 am

    Property Features for tbd Lots 1-12 BLK 12

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    1.50 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Yvonne Hoffman
    Yvonne Hoffman

    Listing agent Yvonne Hoffman

    Listing office Steffens and Company Realty, Inc 30635 W US Hwy 160, South Fork, CO

    Listing date May 7, 2026

    MLS# 834343 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

    • Large combined acreage (approx. 1.48 acres total across 18 lots) within the Town of Hooper
    • Sweeping mountain views of the Sangre De Cristo Mountains and the quiet beauty of the San Luis Valley.
    • Convenient access to outdoor recreation, including the Great Sand Dunes National Park and Hooper Pool Hot Springs.
    • Central location provides peaceful rural living with easy access to Alamosa (20 minutes) for shopping, dining, and essential services.
    • Proximity to Salida and scenic drives to premier destinations like Breckenridge, Aspen, and Vail.
    • Hooper's unique blend of history, dark skies, and proximity to attractions like the UFO Watchtower.

    Overview

    Discover the possibilities with these town lots in Hooper, Colorado. The property consists of 12 adjoining lots totaling approximately 0.97 acres and 6 lots totaling approximately 0.51 acres, all located within the Town of Hooper, Colorado. This property may be suitable for building a peaceful getaway or securing a smart investment for the future. The location offers mountain views of the Sangre De Cristo Mountains. Outdoor recreation is nearby, with the Great Sand Dunes a short drive to the east and the Hooper Pool Hot Springs located just north of town. Alamosa is about 20 minutes away for shopping, dining, hospital and everyday essentials. Salida and access to Colorado’s high mountain country are located to the west, while scenic drives connect you to destinations like Breckenridge, Aspen, and Vail. Hooper is known for its history, dark skies, and proximity to outdoor attractions including the Great Sand Dunes National Park, Rio Grande National Forest, and the UFO Watchtower. The lots offer potential for a quiet escape, a basecamp for adventure, or a long-term investment.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hooper
    County
    Alamosa
    State
    Colorado
    Longitude
    -105.8
    Latitude
    37.715

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lots in Hooper, Colorado, with mountain views.
    Where is this residential land & home lot located?
    The property is located at tbd Lots 1-12 BLK 12 Hooper, CO.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Large combined acreage (approx. 1.48 acres total across 18 lots) within the Town of Hooper; Sweeping mountain views of the Sangre De Cristo Mountains and the quiet beauty of the San Luis Valley.; Convenient access to outdoor recreation, including the Great Sand Dunes National Park and Hooper Pool Hot Springs.
    (719) 873-1700
    We can help!
    Listing Contact
    Yvonne Hoffman
    Yvonne Hoffman
    Learn More
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    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
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