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    38500 Lobo Ct Steamboat Springs, CO

    For Sale
    $2,500,000

    400+ acre ranch with development potential near Steamboat Springs.

    Lot size:
    401.00 Acres

    Property Features for 38500 Lobo Ct

    General Information

    Lot size
    401.00 Acres

    Source: Ranch & Resort Realty Agent Hallie Myhre

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

    Overview

    Expansive Ranch Land Near Steamboat

    The Buffalo K Ranch encompasses over 400 acres, located approximately 20 minutes from Steamboat Springs. The property features rolling hills, creek beds, rocky outcroppings, and a small log cabin. The ranch is divided into seven parcels, which offers development potential. The property is accessible year-round via Highway 40 and County Road 52. The land includes a large pond, stock ponds, and Wolf Creek. Currently used for cattle grazing, the property is fenced and cross-fenced. The ranch provides views, native grasses, oak brush, and a section of reclaimed mine ground suitable for recreational activities. The property is located near schools, the Yampa Valley Regional Airport, and amenities in both Steamboat Springs and Hayden.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Law Firm Auto Repair Shop Spa & Massage Hair Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Steamboat Springs
    County
    Routt
    State
    Colorado
    Longitude
    -106.83
    Latitude
    40.49

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    FAQs

    What type of property is this?
    Land - 400+ acre ranch with development potential near Steamboat Springs.
    Where is this land located?
    The property is located at 38500 Lobo Ct Steamboat Springs, CO.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Significant development potential thanks to being divided into seven parcels.; - 400+ acre ranch located only 20 minutes from Steamboat Springs.; - Year-round accessibility via Highway 40 and County Road 52.
    (970) 846-1687
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    38500 Lobo Ct Steamboat Springs, CO
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    Realmo Value Estimation

    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.

    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.

    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
    38500 Lobo Ct Steamboat Springs, CO
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