Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    2.5 Acre Lot Near Florissant Title is generated by Realmo AI

    173 Crescent, Florissant, CO 80816

    View on Map
    Claim this Listing
    For Sale
    $65,500

    2.5 acre lot near Florissant with year-round access.

    Type:Land or Vacant Lot
    Lot size:
    2.50 Acres
    Added:
    Dec 29, 2025
    Days on Market:
    158
    Last Refresh:
    Apr 5 at 10:59 pm

    Property Features for 173 Crescent

    General Information

    Standard status
    Active
    Lot size
    2.50 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    BRAD SECUNDY
    BRAD SECUNDY

    Listing agent BRAD SECUNDY License #100002278

    Listing office REMAX PROPERTIES

    Listing date Dec 29, 2025

    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 REMAX PROPERTIES

    HighLights

    • 2.5 acre lot offers space and privacy
    • Year‑round access via county maintained roads
    • Electric is nearby
    • Several possible build sites with a slight slope for easy driveway
    • Abundant wildlife and bird watching opportunities
    • Short drive to Cripple Creek, Florissant and Woodland Park

    Overview

    This 2.5-acre lot is located near Florissant and offers year-round access via county-maintained roads. The property features a mix of rock formations, aspen, and pine trees. The terrain includes a slight slope, potentially facilitating driveway construction. A partial fence is installed, and the remainder of the lot provides ample space for building. Electric service is located nearby. The area is home to abundant wildlife and various bird species. The location provides a short drive to Cripple Creek, Florissant, and Woodland Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Florissant
    County
    Teller
    State
    Colorado
    Longitude
    -105.321
    Latitude
    38.8241

    Nearby Similar for Sale

    • $175,000

      Secluded Mountain Retreat Land

      Private 12.5-acre Florissant property with mature trees and meadows.
      Arrowhead Road, Florissant, CO 80816
      View Details
    • $1,500,000
      3,807 SF

      Colorado Foothills Ranch with Glamping

      Unique 41-acre property with home, yurt, and glamping tents.
      247 Pinewood Rd, Florissant, CO 80816
      View Details
    • $375,000
      2,520 SF

      35-Acre Agricultural Land Parcel

      Agricultural land with Morton building, solar array, and dry cabin.
      251 County Road 31, Florissant, CO 80816
      View Details
    • $2,400,000

      Colorado Land with Mountain Views

      645-acre ranch near Florissant with residential and recreational potential.
      404 Valley Drive, Florissant, CO 80816
      View Details
    • $140,000

      2-Acre Parcel Near National Forest

      2-acre parcel near Florissant with utilities in place.
      530 Columbine Road, Florissant, CO 80816
      View Details
    • $249,000

      Expansive Land Parcel Near Pike Forest

      35.52 acres near Eleven Mile State Park.
      Ranger Station Road, Florissant, CO 80846
      View Details
    • $696,000

      Florissant Commercial Building For Sale

      Large building suitable for mechanic, machining, or manufacturing.
      17831 County Road 1, Florissant, CO 80816
      View Details
    • $115,000

      Colorado Mountain Land For Sale

      4+ acre mountain parcel near Woodland Park, Colorado Springs.
      451 Chipeta Creek Trail, Florissant, CO 80816
      View Details
    • $159,000

      Mountain Retreat Land in Florissant

      6.11 acres of treed land near Pike National Forest.
      1570 Pathfinder Road, Florissant, CO 80816
      View Details
    • $106,000

      Expansive Mountain View Acreage

      6.84 acres in Florissant, Colorado with panoramic mountain views.
      3388-3410 N Mountain Estates Road, Florissant, CO 80816
      View Details
    • $142,000

      Usable Land in Florissant, CO

      7.7 acres of Colorado land near paved road.
      146 Pennsylvania Avenue, Florissant, CO 80816
      View Details
    • $155,000

      Ready-to-Build Land with Mountain Views

      Land with utilities, RV, containers, deck, and mountain views.
      160 Chateau W Drive, Florissant, CO 80816
      View Details

    FAQs

    What type of property is this?
    Land - 2.5 acre lot near Florissant with year-round access.
    Where is this land located?
    The property is located at 173 Crescent Florissant, CO.
    What is the asking price?
    The asking price for this property is $65,500.
    What are key features of this property?
    This property features: 2.5 acre lot offers space and privacy; Year‑round access via county maintained roads; Electric is nearby
    (719) 548-8600
    We can help!
    Listing Contact
    BRAD SECUNDY
    BRAD SECUNDY
    Real Estate License ID: 100002278
    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
    173 Crescent, Florissant, CO 80816
    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!