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

    1550 WILDHORSE Circle Granby, CO 80446

    View on Map
    Claim this Listing
    For Sale
    $129,000

    LAND - Granby, CO

    Lot size:
    0.28 Acres
    Added:
    May 27, 2025
    Days on Market:
    338
    Last Refresh:
    Apr 29 at 1:06 pm

    Property Features for 1550 WILDHORSE Circle

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    145107216012
    Lot size
    0.28 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Subd: VILLAGE AT WILDHORSE GRAND ELK RCH& CLUB Lot: E-11
    Tax Annual Amount
    3527

    We can help!

    Listing Contact
    Elle K Soles

    Listing agent Elle K Soles

    Listing office Real Estate of Winter Park PO Box 58 78622 US Highway 40, Winter Park, CO

    Listing date May 27, 2025

    MLS# 25-647 Listing URL

    Copyright © 2026 Grand County Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grand Elk Golf Course Land

    This build-ready, 0.28-acre lot is located in the Grand Elk Golf Course Community. The flat lot backs directly to BLM land, offering both convenience and privacy. It is located 5 minutes from Granby Ranch, 20 minutes from Grand Lake, 30 minutes from Winter Park Resort, 15 minutes from Rocky Mountain National Park, and under 2 hours from Denver. The property features expansive mountain views.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Nail Salon Gym & Fitness Center Big Box & Wholesale Store Building Supply Pharmacy Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Granby
    County
    Grand
    State
    Colorado
    Longitude
    -105.94177
    Latitude
    40.070757

    Nearby Similar for Sale

    • $124,000
      2,915 SF

      Versatile Commercial Space in Granby, CO

      Commercial space inside The Inn at Silvercreek, Granby, Colorado.
      62927 US HWY 40, Granby, CO 80446
      View Details
    • $700,000
      3,150 SF

      Granby Duplex: Investment Opportunity

      Full duplex in Granby, ideal for rental income or living.
      255 CHRISTIANSEN Avenue, Granby, CO 80446
      View Details
    • $468,000
      1,792 SF

      Granby Duplex with Income Potential

      In-town Granby duplex with income and flexible living options.
      380 E Topaz Avenue, Granby, CO 80446
      View Details
    • $349,900

      Granby Ranch Ski-In/Ski-Out Homesite

      Ski-in/ski-out homesite in growing Granby Ranch community.
      500 POWDER Court, Granby, CO 80446
      View Details
    • $160,000

      Granby Vacant Land For Sale

      High-visibility commercial land with Highway 40 access in Granby, Colorado.
      59999 US HWY 40, Granby, CO 80446
      View Details
    • $725,000
      1,990 SF

      Mixed-Use Property in Granby, CO

      Mixed-use property near shops, restaurants, and Granby Amtrak Station.
      378 E Agate Avenue, Granby, CO 80446
      View Details
    • $169,900

      Granby Ranch Homesite with Mountain Views

      Serene homesite with mountain views and Granby Ranch amenities.
      1368 LOWER RANCH VIEW Road, Granby, CO 80446
      View Details
    • $128,000

      Treed Homesite in Val Moritz

      0.40-acre homesite near Granby Ranch with utilities.
      618 GCR 899, Granby, CO 80446
      View Details
    • $100,000

      Golf Course Lot in Granby

      Flat lot on golf course with mountain views and amenities.
      700 BUCKHORN, Granby, CO 80446
      View Details
    • $84,500

      Land in Grand Elk Community

      Homesite in Grand Elk with mountain views and amenities.
      721 BUCKHORN Drive, Granby, CO 80446
      View Details
    • $120,000

      Granby Ranch Homesite Near Skiing

      Quarter-acre homesite with Granby Ranch amenities and recreational access.
      334 Eagles Nest Court, Granby, CO 80446
      View Details
    • $47,500

      Granby Land with Mountain Views

      Flat lot near Rocky Mountain National Park and ski resorts.
      19 Willow Drive, Granby, CO 80446
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Build-ready lot backing to BLM land in Grand Elk.
    Where is this residential land & home lot located?
    The property is located at 1550 WILDHORSE Circle Granby, CO.
    What is the asking price?
    The asking price for this property is $129,000.
    What are key features of this property?
    This property features: Backs directly to BLM land, offering privacy and access to wilderness.; Located in the Grand Elk Golf Course Community.; Build‑ready, .28 acre lot.
    (970) 531-3637
    We can help!
    Listing Contact
    Elle K Soles
    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!