Add Listing
    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

    404 Carroll Lane Breckenridge, CO 80424

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $199,000

    1.05-acre lot near Breckenridge with mountain views and recreation.

    Type:Land or Vacant Lot
    Lot size:
    1.05 Acres
    Added:
    Mar 26, 2025
    Days on Market:
    393
    Last Refresh:
    Apr 5 at 10:21 pm

    Property Features for 404 Carroll Lane

    General Information

    Standard status
    Active
    Lot size
    1.05 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    MORAIMA (MO) KELLEY
    MORAIMA (MO) KELLEY

    Listing agent MORAIMA (MO) KELLEY License #100047940

    Listing office RE/MAX Properties Of The Summit

    Listing date Mar 26, 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 RE/MAX Properties Of The Summit

    Overview

    Mountain Land Near Breckenridge Skiing

    This 1.05-acre lot is located within the Tenmile Range, approximately 12 minutes from Breckenridge. The property offers access to hiking, biking, and Nordic skiing. The lot features views of Hoosier Ridge and Red Mountain, as well as Goose Pasture Tarn in the distance. Towering pines provide natural privacy. The adjacent lot is owned by the nearest neighbor. There is no HOA. Trails to Blue Lakes, Monte Cristo Creek, and Quandary Peak are nearby. A survey is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Auto Parts Store Garden Center Furniture & Home Goods Car Rental Facility Coworking & Hybrid Office (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Florist Locksmith (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Breckenridge
    County
    Summit
    State
    Colorado
    Longitude
    -106.062
    Latitude
    39.4661

    Nearby Similar for Sale

    • $489,000

      Commercial Space on Airport Road

      End-unit commercial space with excellent exposure in Breckenridge, Colorado.
      1900 AIRPORT ROAD, Breckenridge, CO 80424
      View Details
    • $1,200

      Private Office in Breckenridge Heart

      Private office space in central Breckenridge with mountain views.
      130 SKI HILL ROAD, Breckenridge, CO 80424
      View Details
    • $2,300,000

      Established Boutique in Downtown Breckenridge

      Profitable designer boutique with real estate in prime location.
      224 S MAIN STREET, Breckenridge, CO 80424
      View Details
    • $2,100,000

      Iconic Retail Establishment For Sale

      Long-standing Breckenridge retail business with real estate included.
      100 N MAIN STREET, Breckenridge, CO 80424
      View Details
    • $1,825,000

      Breckenridge Golf Course Homesite Opportunity

      Rare 1.01-acre homesite in the Highlands at Breckenridge.
      2208 HIGHLANDS DRIVE, Breckenridge, CO 80424
      View Details
    • $2,685,000

      Breckenridge Homesite with Panoramic Views

      1.35-acre homesite with views and access to Main Street.
      309 ROYAL TIGER ROAD, Breckenridge, CO 80424
      View Details
    • $165,000

      Secluded Wooded Lot Near Breckenridge

      0.5-acre wooded lot, 15 minutes to Breckenridge Ski Resort.
      591 KIMMES LANE, Breckenridge, CO 80424
      View Details
    • $1,750,000

      Secluded Land Near National Forest

      2.5-acre lot near Breckenridge with national forest access.
      158 Bryce Estates Road, Breckenridge, CO 80424
      View Details
    • $5,790,000

      Ski-In/Ski-Out Homesite in Breckenridge

      Rare ski-in/ski-out homesite with short-term rental potential.
      24 PEAK 8 COURT, Breckenridge, CO 80424
      View Details
    • $1,750,000

      Secluded Land Near National Forest

      2.5-acre lot near Breckenridge with national forest access.
      158 Bryce Estates Road, Breckenridge, CO 80424
      View Details
    • $2,795,000

      Breckenridge Land with Approved Permits

      10-acre Breckenridge lot with approved building and well permits.
      580 GOLD KING WAY, Breckenridge, CO 80424
      View Details
    • $2,995,000

      Commercial Land Near Breckenridge Infrastructure

      Commercial land with versatile uses and convenient highway access.
      190 STAN MILLER DRIVE, Breckenridge, CO 80424
      View Details

    FAQs

    What type of property is this?
    Recreation land - 1.05-acre lot near Breckenridge with mountain views and recreation.
    Where is this recreation land located?
    The property is located at 404 Carroll Lane Breckenridge, CO.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: 1. 05‑acre lot with direct access to hiking, biking, and Nordic skiing.; 12 minutes from world‑class skiing in Breckenridge.; Breathtaking views of Hoosier Ridge, Red Mountain, and Goose Pasture Tarn.
    (970) 453-7000
    We can help!
    Listing Contact
    MORAIMA (MO) KELLEY
    MORAIMA (MO) KELLEY
    Real Estate License ID: 100047940
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!