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    172 Cortez Pl Cripple Creek, CO 80813

    For Sale
    $40,000

    0.78 acre lot near town with utilities available.

    Property Features for 172 Cortez Pl

    General Information

    Standard status
    Active

    Source: MB The RoyaltyRE Group Agent RAJMATIE HARDIAL

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

    Overview

    Colorado Land Backing BLM Land

    This 0.78-acre property is located 10 minutes from town and is backed by 27 acres of BLM land. The site offers privacy and views. Utilities are available, with electricity, internet, and water nearby, requiring a $750 tap fee. The area provides recreational opportunities. Two neighboring homes recently built in the vicinity are valued at $500K+, signaling strong potential for future growth and value. The land is suitable to build a dream home or invest in a rapidly growing area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Building Supply Auto Repair Shop Bar & Pub Garden Center Computer & Electronic Repair Coworking Space

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

    Location Insight

    • Map
    • Local Demand
    City
    Cripple Creek
    County
    Teller
    State
    Colorado
    Longitude
    -105.20347
    Latitude
    38.781425

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    • Contact for pricing

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      Cripple Creek Campground and Lodging

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      Charming Retail Space in Cripple Creek

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      Cripple Creek Liquor Store Business

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    FAQs

    What type of property is this?
    Land - 0.78 acre lot near town with utilities available.
    Where is this land located?
    The property is located at 172 Cortez Pl Cripple Creek, CO.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - 0.78-acre property bordering 27 acres of BLM land, ensuring privacy and nature access.; - Utilities (electricity, internet, water) are readily available with a low $750 tap fee.; - Located just 10 minutes from town amenities (restaurants, shops, casinos).
    Request Owner's contact information
    172 Cortez Pl Cripple Creek, CO 80813
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    Realmo Value Estimation

    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.

    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.

    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
    172 Cortez Pl Cripple Creek, CO 80813
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