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

    2800 Marys Lake Rd Estes Park, CO 80517

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,500,000

    18+ acre property zoned EV-A in Larimer County.

    Lot size:
    18.14 Acres

    Property Features for 2800 Marys Lake Rd

    General Information

    Standard status
    Active
    Lot size
    18.14 Acres

    We can help!

    Listing Contact
    Eric Blackhurst
    Source: Corcoran

    Listing Agency: INTEMPUS REALTY Listing Agent: Eric Blackhurst

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

    Learn more

    Overview

    18+ Acres Zoned EV-A

    This 18+ acre property, available for the first time in 40 years, is zoned EV-A Accommodations and located in Larimer County. The zoning allows for a commercial lodging venture or a variety of units. The property offers easy access and views. There are 8 wetland areas of varying sizes on the property that will limit building sites, but still plenty of room to develop and using the wetlands as buffers and property features.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Hotel & Motel HVAC Service Cafe & Coffee Shop Computer & Electronic Repair Tech Support Center Travel Agency Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Estes Park
    County
    Larimer
    State
    Colorado
    Longitude
    -105.5279953
    Latitude
    40.3385539

    Nearby Similar for Sale

    • $2,299,000
      1.41 Acres

      Estes Park Investment Opportunity

      Stabilized investment property with redevelopment potential in Estes Park, CO.
      1230 Big Thompson Ave, Estes Park, CO 80517
      View Details
    • $1,750,000
      3,089 SF

      Estes Park Development Opportunity

      2.29-acre property approved for 26 luxury hotel units near Rocky Mountain National Park.
      1895 Fall River Rd, Estes Park, CO 80517
      View Details
    • $750,000
      0.37 Acres

      Commercial Building Near National Park

      Free-standing commercial building on busy thoroughfare near Rocky Mountain National Park.
      865 Moraine Ave, Estes Park, CO 80517
      View Details
    • $975,000
      2,560 SF

      Estes Park Multifamily Investment Opportunity

      8-unit apartment building in Estes Park with strong rental history.
      501 Aspen Ave, Estes Park, CO 80517
      View Details
    • $2,600,000

      Shell Fuel Station Car Wash

      Premium gas station and car wash in Estes Park, Colorado.
      534 S Saint Vrain Ave, Estes Park, CO 80517
      View Details
    • $1,100,000

      Versatile Estes Park Commercial Building

      Multi-use commercial building with office, event, and potential residential space.
      800 Moraine Ave, Estes Park, CO 80517
      View Details
    • $2,831,000

      Estes Park Lodge Near National Park

      Established lodge/hotel near Rocky Mountain National Park gateway.
      1820 Fall River Rd, Estes Park, CO 80517
      View Details
    • $2,200,000

      Boutique Hotel on Fall River

      Adults-only hotel near Rocky Mountain National Park entrance.
      1130 W Elkhorn Ave, Estes Park, CO 80517
      View Details
    • $8,200,000

      Estes Park Lodge Near RMNP

      30-acre lodge between Estes Park and Rocky Mountain National Park.
      1520 Fall River Rd, Estes Park, CO 80517
      View Details
    • $750,000

      Commercial Building Near National Park

      Free-standing commercial building near Rocky Mountain National Park entrance.
      865 Moraine Ave, Estes Park, CO 80517
      View Details
    • $1,350,000

      Estes Park Specialty Property

      Specialty property available in Estes Park, Colorado.
      557 Grand Estates Dr, Estes Park, CO 80517
      View Details
    • Contact for pricing

      Estes Park Commercial Property For Sale

      Commercial property in high-traffic area with flexible use potential.
      875 Moraine Ave, Estes Park, CO 80517
      View Details

    FAQs

    What type of property is this?
    Commercial land - 18+ acre property zoned EV-A in Larimer County.
    Where is this commercial land located?
    The property is located at 2800 Marys Lake Rd Estes Park, CO.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - 18+ acre property zoned EV-A Accommodations in Larimer County.; - Potential for commercial lodging venture or a variety of units.; - Easy access and great views.
    (970) 586-2950
    Request Owner's contact information
    2800 Marys Lake Rd Estes Park, CO 80517
    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.
    2800 Marys Lake Rd
    Estes Park, CO 80517
    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
    2800 Marys Lake Rd Estes Park, CO 80517
    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
    Eric Blackhurst
    (970) 586-2950
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!