Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    35 Acres in Santa Maria Ranch Title is generated by Realmo AI

    797 Vista Grande Drive, Como, CO 80432

    View on Map
    Claim this Listing
    For Sale
    $118,000

    Fenced 35-acre parcel bordering BLM land with mountain views.

    Type:Land / Unimproved Land
    Property size:
    1,524,600 SF
    Lot size:
    35.00 Acres
    Price / SF:
    $0.08/SF
    Added:
    Mar 30, 2025
    Days on Market:
    432
    Last Refresh:
    Mar 13 at 3:03 pm

    Property Features for 797 Vista Grande Drive

    General Information

    Standard status
    Active
    Size
    1,524,600 SF
    Lot size
    35.00 Acres
    Property subtype
    Land / Unimproved Land

    We can help!

    Listing Contact
    Robert LaRosa

    Listing agent Robert LaRosa License #40006840

    Listing office Brookshire Homes Realty

    Listing date Mar 30, 2025

    Source Compass

    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 Brookshire Homes Realty

    HighLights

    • 1.35‑acre fully fenced parcel bordering BLM land, connecting to the 17,000+ acre James Mark Jones State Wildlife Area.
    • Year‑round access via county‑maintained roads.
    • Abundant recreational opportunities with easy access to Pike National Forest for outdoor activities and close proximity to Gold Medal fishing.
    • Ideal for off‑grid living with potential for solar and/or wind power.
    • Includes a cottage shed and a shipping container.
    • Conveniently located: Approximately 40 minutes to the Dream Stream, 1 hour to Breckenridge.

    Overview

    This 35-acre, fully fenced parcel is located in Santa Maria Ranch and offers mountain views. The property borders BLM land, which in turn borders the James Mark Jones State Wildlife Area. Recreational opportunities abound with access to Pike National Forest for hiking, biking, camping, hunting, fishing, and four-wheeling. The property is approximately 40 minutes from Gold Medal Fishing in the Dream Stream, 1 hour to Breckenridge, 30 minutes to Fairplay, and 45 minutes to Tarryall, Spinney, Eleven Mile and Antero Reservoirs. The property has year-round access on county-maintained roads and is suitable for off-grid living, with potential for solar and/or wind power. It includes a cottage shed and a shipping container. The property is zoned Residential Rural. The lot size is 1,524,600 square feet. The property is located 72 miles from the intersection of C-470 & Hwy. 285. School districts are Park County RE-2 for elementary, middle/junior, and high school.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Como
    County
    Park
    State
    Colorado
    Longitude
    -105.785
    Latitude
    39.2226

    Nearby Similar for Sale

    • $120,000

      8 Acres Colorado Land

      8 acres of land with mature trees and rock formations.
      182 Starling Way lot: 49, COMO, CO 80432
      View Details
    • $179,900

      Como, CO Mountain Property

      35-acre mountain property with open space and Colorado views.
      422 Santa Maria Drive lot: 21, COMO, CO 80432
      View Details
    • $540,000

      Expansive Mountain Land Opportunity

      119+ acres with well, power, and mountain views.
      Night Hawk Circle lot: 2, COMO, CO 80432
      View Details
    • $69,900

      Land with Mountain Views

      Two-acre lot with mountain views, shed, and easy access.
      12 Loon Lane lot: 54, COMO, CO 80432
      View Details
    • $95,000

      Mountain Land with Sleeping Shed

      Almost 4 acres of mountain beauty with sleeping shed.
      853 W Longbow Dr, Como, CO 80432
      View Details
    • $32,000

      Como Land with Mountain Views

      3.04-acre lot near fishing and outdoor recreation.
      757 Remington Road, Como, CO 80432
      View Details
    • $125,000

      Expansive Mountain Land Parcel

      35-acre Colorado mountain parcel with power and domestic well eligibility.
      2716 Gap Road lot: 123, COMO, CO 80432
      View Details
    • $495,000

      Rocky Mountain Paradise: 35 Acres

      Secluded 35-acre parcel bordering public land with mountain views.
      2559 Vista Grande, Como, CO 80432
      View Details
    • $13,500

      Como, CO Land Parcel

      1.05-acre parcel near Fairplay and Breckenridge.
      2384 Arrowhead Drive lot: 3, COMO, CO 80456
      View Details
    • $89,900

      Mountain Land with Sleeping Shed

      Almost 4 acres of mountain beauty with sleeping shed.
      853 W Longbow Drive lot: 81, COMO, CO 80432
      View Details
    • $37,000

      Treed Lot in Central Colorado

      Land with mountain views, recreation, and community amenities.
      593 Pinto Trl, Como, CO 80432
      View Details
    • $27,000

      Mountain Land with Community Amenities

      Two-acre land parcel with mountain views and community amenities.
      513 War Lane, Como, CO 80432
      View Details

    FAQs

    What type of property is this?
    Recreation land - Fenced 35-acre parcel bordering BLM land with mountain views.
    Where is this recreation land located?
    The property is located at 797 Vista Grande Drive Como, CO.
    What is the asking price?
    The asking price for this property is $118,000.
    What are key features of this property?
    This property features: 1.35‑acre fully fenced parcel bordering BLM land, connecting to the 17,000+ acre James Mark Jones State Wildlife Area.; Year‑round access via county‑maintained roads.; Abundant recreational opportunities with easy access to Pike National Forest for outdoor activities and close proximity to Gold Medal fishing.
    (303) 838-0434
    We can help!
    Listing Contact
    Robert LaRosa
    Real Estate License ID: 40006840
    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

    Thank You for Inquiry
    797 Vista Grande Drive, Como, CO 80432
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!