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    Fenced 20-Acre Black Forest Property Title is generated by Realmo AI

    16530 Remington, Colorado Springs, CO 80908

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    For Sale
    $1,750,000

    20-acre property with main home, ADU, barn, and pastures.

    Type:Land or Vacant Lot
    Property size:
    3,819 SF
    Lot size:
    19.86 Acres
    Price / SF:
    $458/SF
    Added:
    Feb 20, 2026
    Days on Market:
    105
    Last Refresh:
    Apr 5 at 9:38 pm

    Property Features for 16530 Remington

    General Information

    Standard status
    Active
    Size
    3,819 SF
    Lot size
    19.86 Acres
    Property subtype
    Land or Vacant Lot

    Building Details

    Year Built
    2004

    We can help!

    Listing Contact
    BERNADINE VAYLE

    Listing agent BERNADINE VAYLE License #001325110

    Listing office COLDWELL BANKER 1ST CHOICE REALTY

    Listing date Feb 20, 2026

    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 COLDWELL BANKER 1ST CHOICE REALTY

    HighLights

    • 20‑acre fenced and cross‑fenced property in Black Forest with a spring‑fed pond.
    • Includes a 1,440 sq ft Accessory Dwelling Unit (ADU) with three bedrooms, two bathrooms, and an attached garage.
    • Features a large drive‑through barn with stalls and corral space.
    • Main home with remodeled kitchen (2020) featuring alder cabinetry, granite countertops, a copper sink, and a beverage fridge.
    • No HOA or covenant restrictions.
    • Includes a dedicated shop with 220 service, equipment storage, and a 50 Amp full‑service RV hookup.

    Overview

    This property, set on 20 acres in Black Forest, features five separate fenced pastures and a pond fed by natural springs. The main home includes a remodeled kitchen completed in 2020, featuring alder cabinetry, granite countertops, a copper sink, custom Levolor blinds, and a beverage fridge. A Quiet-Cool whole-house fan and radiant floor heating in the basement enhance comfort and efficiency. Additionally, there is a 1,440 sq ft Accessory Dwelling Unit (ADU) with three bedrooms, two bathrooms, and an attached garage. The property is suited for horses, livestock, hobby farming, or sustainable living, with well water, septic, and land ready for gardens or small-scale agriculture. Equestrian infrastructure includes a drive-through barn with stalls and corral space, a loafing shed, and cross-fenced pastures for rotational grazing. Additional features include a dedicated shop with 220 service, equipment storage, and a 50 Amp full-service RV hookup with an additional hookup at the barn. The primary residence is serviced by natural gas, while the ADU operates on leased propane. The barn also includes 220 electrical service. The property supports farm-to-table living to full homesteading and offers the freedom to expand for a hobby farm, homestead retreat, or private generational estate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.651
    Latitude
    39.0713

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    FAQs

    What type of property is this?
    Horse & equestrian property - 20-acre property with main home, ADU, barn, and pastures.
    Where is this horse & equestrian property located?
    The property is located at 16530 Remington Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: 20‑acre fenced and cross‑fenced property in Black Forest with a spring‑fed pond.; Includes a 1,440 sq ft Accessory Dwelling Unit (ADU) with three bedrooms, two bathrooms, and an attached garage.; Features a large drive‑through barn with stalls and corral space.
    (719) 687-0900
    We can help!
    Listing Contact
    BERNADINE VAYLE
    Real Estate License ID: 001325110
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    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.

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