Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land Near Reservoirs and Dream Stream Title is generated by Realmo AI

    1332 Wasatch Road, Hartsel, CO 80449

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Unimproved Land - Hartsel, CO

    Type:Unimproved Land
    Lot size:
    5.06 Acres
    Added:
    Jul 13, 2024
    Days on Market:
    667
    Last Refresh:
    May 10 at 9:06 pm

    Property Features for 1332 Wasatch Road

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Zoning
    R
    Parking features
    Carport, Garage
    Standard status
    Active
    Lot size
    5.06 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Joseph Wells

    Listing agent Joseph Wells

    Listing office PINECONE PROPERTIES LLC 84 PANUARD LN, Hartsel, CO

    Listing date Jul 13, 2024

    MLS# 8594749 Listing URL

    Copyright © 2026 ROCC/REcolorado. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Camping spot guaranteed - no more searching!
    • Unobstructed 360‑degree views.
    • Excellent stargazing due to no light pollution.
    • Close proximity to 11 Mile, Antero, and Spinney Reservoirs, and the Dream Stream for fishing.
    • Approximately one hour from Colorado Springs and Breckenridge.
    • Low price of $18,000.

    Overview

    This 5.06-acre lot in Hartsel, Park County, Colorado, is zoned R. The unimproved land offers 360-degree unobstructed views and is suitable for camping. The location provides access to 11 Mile, Antero, and Spinney Reservoirs, as well as the Dream Stream, all within minutes of the property. The land is approximately one hour from both Colorado Springs and Breckenridge. The property is located at 1332 Wasatch Road, Hartsel, CO 80449.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Hartsel
    County
    Park
    State
    Colorado
    Longitude
    -105.713
    Latitude
    38.8787

    Nearby Similar for Sale

    • $52,000

      Private Retreat with National Forest Access

      5-acre retreat with stunning views and National Forest access.
      11414 Ranch Road, Hartsel, CO 80449
      View Details
    • $76,000

      Hartsel Land with Mountain Views

      4.5-acre lot with trees, mountain views, electricity access.
      1430 Singletree Road, Hartsel, CO 80449
      View Details
    • $23,000

      Hartsel, Colorado Residential Lot

      5.5-acre residential lot near Spinney and Eleven Mile Reservoirs.
      Thrush Lane lot: 21, Hartsel, CO 80449
      View Details
    • $65,000

      Land in Ranch of Rockies

      3-acre recreational land with amenities near Antero Reservoir.
      52 Bit Way, Hartsel, CO 80449
      View Details
    • $225,000

      Land in Ranch of Rockies

      3.82-acre property with utilities in Hartsel, Colorado.
      2841 Singletree Rd, Hartsel, CO 80449
      View Details
    • $23,000

      Hartsel, Colorado Residential Land

      5.5-acre residential lot near Spinney and Eleven Mile Reservoirs.
      Thrush Lane lot: 24, Hartsel, CO 80449
      View Details
    • $159,000

      40 Acres in Park County

      Stunning 40-acre parcel with mountain views and building pad.
      Wolfe Rd lot: 26, Hartsel, CO 80449
      View Details
    • $16,000

      Hartsel, Colorado Land For Sale

      5+ acre land parcel in Park County, Colorado.
      8313 Black Kettle Road lot: 66, HARTSEL, CO 80449
      View Details
    • $89,000

      Treed Lot with Mountain Views

      Private 4.25-acre lot with RV pad and mountain views.
      1080 Brahma Circle, Hartsel, CO 80449
      View Details
    • $169,500

      Land Ready for Dream Home

      5 acres adjacent to National Forest with utilities and amenities.
      51 Singletree Lane, Hartsel, CO 80449
      View Details
    • $122,500

      Treed Land with Mountain Views

      4-acre lot perfect for building or camping near outdoor activities.
      206 Bandolier Court, Hartsel, CO 80449
      View Details
    • $55,000

      Land Near Highway 24

      5-acre lot near Highway 24 with building and septic plans.
      69 Buggy Court, Hartsel, CO 80449
      View Details

    FAQs

    What type of property is this?
    Land - Unimproved land near 11 Mile, Antero, Spinney Reservoirs and Dream Stream.
    Where is this land located?
    The property is located at 1332 Wasatch Road Hartsel, CO.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Camping spot guaranteed - no more searching!; Unobstructed 360‑degree views.; Excellent stargazing due to no light pollution.
    (719) 836-2083
    We can help!
    Listing Contact
    Joseph Wells
    Real Estate License ID: 100081963
    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
    1332 Wasatch Road, Hartsel, CO 80449
    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!