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

    109 High Pasture Road Florissant, CO 80816

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $95,700

    Four acres of mountain land with Pikes Peak views.

    Added:
    May 1, 2025
    Days on Market:
    366
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 109 High Pasture Road

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    MICHAEL ORIST
    MICHAEL ORIST

    Listing agent MICHAEL ORIST License #100050361

    Listing office UNITED COUNTRY TIMBERLINE REALTY

    Listing date May 1, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of UNITED COUNTRY TIMBERLINE REALTY

    Overview

    Colorado Mountain Land with Views

    This property features four acres of Colorado mountain land, comprising two adjacent two-acre lots, situated within the Colorado Mountain Estates subdivision. The location provides views of Pikes Peak, Mt. Pisgah, and the surrounding mountain valleys. The property benefits from southern exposure and is frequented by wildlife. It is accessible year-round via a paved county road, and electric and natural gas utilities are located nearby. The land is suitable for building a primary residence, cabin, or vacation retreat. It is approximately a 50-minute drive from downtown Colorado Springs, providing access to the US Air Force Academy, Garden of the Gods, and the Colorado Springs Airport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Building Supply Auto Repair Shop Hotel & Motel Kitchen & Bath Showroom Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Florissant
    County
    Teller
    State
    Colorado
    Longitude
    -105.265
    Latitude
    38.867

    Nearby Similar for Sale

    • $250,000

      Workshop Garage on Treed Acres

      Well-built workshop garage on 2.86 acres in Teller County.
      209 Stonehenge Drive, Florissant, CO 80816
      View Details
    • $115,000

      Colorado Mountain Land For Sale

      4+ acre mountain parcel near Woodland Park, Colorado Springs.
      451 Chipeta Creek Trail, Florissant, CO 80816
      View Details
    • $159,000

      Mountain Retreat Land in Florissant

      6.11 acres of treed land near Pike National Forest.
      1570 Pathfinder Road, Florissant, CO 80816
      View Details
    • $696,000

      Florissant Commercial Building For Sale

      Large building suitable for mechanic, machining, or manufacturing.
      17831 County Road 1, Florissant, CO 80816
      View Details
    • $106,000

      Expansive Mountain View Acreage

      6.84 acres in Florissant, Colorado with panoramic mountain views.
      3388-3410 N Mountain Estates Road, Florissant, CO 80816
      View Details
    • $142,000

      Usable Land in Florissant, CO

      7.7 acres of Colorado land near paved road.
      146 Pennsylvania Avenue, Florissant, CO 80816
      View Details
    • $49,900

      Colorado Land with Mountain Views

      2.02-acre treed lot in Florissant, build your dream home.
      99 Cheyenne Way, Florissant, CO 80816
      View Details
    • $10,999

      Colorado Mountain Estates Land Parcel

      Serene .56-acre lot with mountain views in Florissant, Colorado.
      2369 Mountain Estates Road, Florissant, CO 80816
      View Details
    • $99,000

      Colorado Mountain Estates Land

      2+ acre lot with mountain views in Florissant, Colorado.
      2706 Southpark Road, Florissant, CO 80816
      View Details
    • $30,000

      Mountain Land Parcel in Florissant

      Vacant land in a quiet mountain setting, ideal for building.
      43 Dusti Circle, Florissant, CO 80816
      View Details
    • $175,000

      Secluded Mountain Land in Florissant

      Private 12.5-acre mountain property perfect for recreation or off-grid living.
      Arrowhead Road, Florissant, CO 80816
      View Details
    • $75,000

      Two Acre Mountain Escape

      Two-acre wooded lot with rustic cabin near Colorado Springs.
      163 Ouray Road, Florissant, CO 80816
      View Details

    FAQs

    What type of property is this?
    Land - Four acres of mountain land with Pikes Peak views.
    Where is this land located?
    The property is located at 109 High Pasture Road Florissant, CO.
    What is the asking price?
    The asking price for this property is $95,700.
    What are key features of this property?
    This property features: Stunning, unobstructed views of Pikes Peak and surrounding mountains.; Two adjacent 2‑acre lots totaling 4 acres, providing ample space and privacy.; Convenient year‑round access via paved county road and proximity to electric and natural gas.
    (719) 426-0024
    We can help!
    Listing Contact
    MICHAEL ORIST
    MICHAEL ORIST
    Real Estate License ID: 100050361
    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

    109 High Pasture Road, Florissant, CO 80816

    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!