Sign Up Successful!
You now have access to more from Realmo!
    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

    71 Lakeview Cir Fort Morgan, CO 80701

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $49,000

    Land offering freedom, lifestyle, and community in Blue Sky Preserve.

    Lot size:
    0.93 Acres

    Property Features for 71 Lakeview Cir

    General Information

    Lot size
    0.93 Acres

    We can help!

    Listing Contact
    Kent Lindell
    Source: Elliman

    Listing Agent: Kent Lindell

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

    Learn more

    Overview

    Blue Sky Preserve Land

    This property is located within the Blue Sky Preserve. The preserve offers views and sunsets, along with a private lake suitable for activities such as kayaking. The 300 acres of dedicated open space allows for exploring and hiking, with opportunities to observe wildlife such as deer, wild turkeys, and various bird species.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Building Supply Kitchen & Bath Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Morgan
    County
    Morgan
    State
    Colorado
    Longitude
    -103.8063139
    Latitude
    40.2988033

    Nearby Similar for Sale

    • $650,000
      0.95 Acres

      Morgan Lanes Bowling Alley For Sale

      Thriving bowling alley in Morgan County, featured on HGTV.
      300 E Railroad Ave, Fort Morgan, CO 80701
      View Details
    • $525,000
      3,960 SF

      Fort Morgan Four-Unit Apartment Complex

      Four-unit apartment complex with long-term tenants in Fort Morgan, CO.
      623 Linda St, Fort Morgan, CO 80701
      View Details
    • $630,000

      Sprawling Mixed-Use Building For Sale

      Three-level building with retail, event, and residential possibilities.
      204 W Beaver Ave, Fort Morgan, CO 80701
      View Details
    • $790,000

      Downtown Office Building with Parking

      Five-unit office building in downtown area with private parking.
      217 Prospect St, Fort Morgan, CO 80701
      View Details
    • $790,000

      Downtown Fort Morgan Office Building

      Five-unit office building in downtown Fort Morgan, fully occupied.
      217-231 Prospect St, Fort Morgan, CO 80701
      View Details
    • $649,000

      Fort Morgan Four-Unit Apartment Building

      Four-unit apartment building with consistent income potential in Fort Morgan.
      102 Lowell Pl, Fort Morgan, CO 80701
      View Details
    • $649,000

      Fort Morgan Four-Unit Apartment Building

      Four-unit apartment building with consistent income potential in Fort Morgan.
      109 Lowell Pl, Fort Morgan, CO 80701
      View Details
    • $649,000

      Fort Morgan Four-Unit Apartment Building

      Four-unit apartment building with consistent income potential in Fort Morgan.
      110 Lowell Pl, Fort Morgan, CO 80701
      View Details
    • $649,000

      Fort Morgan Four-Unit Apartment Building

      Four-unit apartment building in Fort Morgan with income potential.
      101 Lowell Pl, Fort Morgan, CO 80701
      View Details
    • $315,000

      Multifamily Property Investment Opportunity

      Multifamily property with steady cash flow and easy maintenance.
      1012 State St, Fort Morgan, CO 80701
      View Details
    • $4,250,000

      Equestrian/Livestock Ranch Opportunity

      Ranch suitable for equestrian or livestock operation.
      Unnamed Rd, Fort Morgan, CO
      View Details
    • $1,150,000

      Versatile Warehouse on 9.1 Acres

      Warehouse with office, storage, loading dock, and backup generation.
      19900 County Rd N, Fort Morgan, CO 80701
      View Details

    FAQs

    What type of property is this?
    Land - Land offering freedom, lifestyle, and community in Blue Sky Preserve.
    Where is this land located?
    The property is located at 71 Lakeview Cir Fort Morgan, CO.
    What is the asking price?
    The asking price for this property is $49,000.
    What are key features of this property?
    This property features: - Private lake access for kayaking and recreation; - 300 acres of dedicated open space for hiking and exploration; - Abundant wildlife, including deer, wild turkeys, and diverse bird species
    (970) 370-2660
    Request Owner's contact information
    71 Lakeview Cir Fort Morgan, CO 80701
    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.
    71 Lakeview Cir
    Fort Morgan, CO 80701
    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
    71 Lakeview Cir Fort Morgan, CO 80701
    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
    Kent Lindell
    (970) 370-2660
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.