Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2400 Caddo Rd Hartsel, CO 80449

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Gently sloping lot with panoramic mountain views and year-round access.

    Lot size:
    5.13 Acres

    Property Features for 2400 Caddo Rd

    General Information

    Lot size
    5.13 Acres
    Source: Elliman

    Listing Agent: Megan Sharp

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

    Overview

    5.13 Acres with Mountain Views

    This gently sloping 5.13-acre lot features panoramic mountain views of the Collegiate Peaks and the 14ers surrounding Fairplay and Alma, including Mt. Bross, Mt. Democrat, Mt. Lincoln, and Mt. Sherman. The property benefits from easy access, situated just two lots off County Road 53, which is maintained year-round. Located in an off-grid and remote area, it offers peace and quiet while remaining accessible to nearby amenities. The lot is approximately an hour and a half from Colorado Springs and two hours from Denver. It is a suitable weekend getaway spot with proximity to fishing and boating opportunities at Eleven Mile Reservoir, Spinney Reservoir, and Antero Reservoir. County Road 53 also provides access to the back side of Salida. The year-round accessibility distinguishes this lot within the area. The property has low taxes.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Realty agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Hartsel
    County
    Park
    State
    Colorado
    Longitude
    -105.713
    Latitude
    38.8787

    Nearby Similar for Sale

    • $30,000
      0.08 Acres

      RV Lot with Mountain Views

      RV lot with camper, amenities, and stunning mountain views.
      43 Rail Way, Hartsel, CO 80449
      View Details
    • $83,000
      0.11 Acres

      Hartsel, CO Improved Campground Lot

      RV camping lot with amenities in gated community near Hartsel.
      124 Clubcar Rd, Hartsel, CO 80449
      View Details
    • $115,000

      Park Model in Gated Community

      Park model in gated community with extensive amenities.
      192 Clubcar Rd, Hartsel, CO 80449
      View Details
    • $40,000

      Camping Spot in Gated Community

      Camping spot with amenities near Antero Reservoir.
      111 Spike Way, Hartsel, CO 80449
      View Details
    • $85,000

      RV Camping Lot with Amenities

      RV camping lot with amenities in gated community.
      545 Depot Dr, Hartsel, CO 80449
      View Details
    • $83,000

      RV Camping Lot with Amenities

      RV camping lot with amenities in gated Colorado community.
      124 Clubcar Rd, Hartsel, CO 80449
      View Details
    • $114,000

      Campground Getaway with Amenities

      Campground property featuring a fifth wheel and community amenities.
      627 Depot Dr, Hartsel, CO 80449
      View Details
    • $99,000

      Park Model in Gated Community

      Park model in gated community with many amenities for sale.
      161 Tressel Trl, Hartsel, CO 80449
      View Details
    • $95,000

      Colorado Adventure Base Campground Property

      Campground property near fishing and national forest with amenities.
      162 Clubcar Rd, Hartsel, CO 80449
      View Details

    FAQs

    What type of property is this?
    Land - Gently sloping lot with panoramic mountain views and year-round access.
    Where is this land located?
    The property is located at 2400 Caddo Rd Hartsel, CO.
    What is the asking price?
    The asking price for this property is $14,900.
    What are key features of this property?
    This property features: - Enjoy **panoramic mountain views** of Collegiate Peaks, Mt. Bross, Mt. Democrat, Mt. Lincoln and Mt. Sherman.; - Year-round access via County-maintained CR53.; - Benefit from **no covenants and no HOA**.
    (310) 924-2386
    Request Owner's contact information
    2400 Caddo Rd Hartsel, CO 80449
    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.
    2400 Caddo Rd
    Hartsel, CO 80449
    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.

    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
    2400 Caddo Rd Hartsel, CO 80449
    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
    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.