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    Turnkey Horse Property Near Elizabeth Title is generated by Realmo AI

    2560 Gold Creek, Elizabeth, CO 80107

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    Claim this Listing
    For Sale
    $1,250,000

    Upgraded equestrian facilities, ranch-style home, and convenient location.

    Type:Land or Vacant Lot
    Property size:
    3,468 SF
    Price / SF:
    $360/SF
    Added:
    Apr 3, 2026
    Days on Market:
    63
    Last Refresh:
    Apr 3 at 8:26 pm

    Property Features for 2560 Gold Creek

    General Information

    Standard status
    Active
    Size
    3,468 SF
    Property subtype
    Land or Vacant Lot

    Building Details

    Year Built
    2004

    We can help!

    Listing Contact
    ERNEST ARELLANO

    Listing agent ERNEST ARELLANO

    Listing office LoKation

    Listing date Apr 3, 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 LoKation

    HighLights

    • Turnkey horse property with upgraded equestrian facilities (stalls, barns, fenced pastures, riding trails).
    • Upgraded 32x46 shop with epoxy floors, gas heater, and 220V outlets.
    • Ranch‑style home with walkout basement, light‑filled interior, vaulted ceilings, and hardwood floors.
    • Remodeled bathrooms (2025) and main‑floor primary suite with private deck.
    • Outdoor living spaces: 2 decks, covered patio, hot tub, and built‑in grill station.
    • Close proximity to Elizabeth amenities and easy access to Denver, DTC, and Castle Rock.

    Overview

    This turnkey horse property is located minutes from downtown Elizabeth. The ranch-style home, featuring a walkout basement, is set among mature pines and offers privacy and usable land. Upgraded equestrian facilities include improved stalls, barns, and two fenced pastures, with nearby riding trails. The light-filled interior features vaulted ceilings, hardwood floors, and spacious living areas. A main-floor primary suite includes a private deck and a remodeled 5-piece bath (2025). Both main-level bathrooms and the laundry room were fully remodeled in 2025. The finished basement includes a rec room, wet bar, bedroom, and bath, suitable for guests or entertaining. Outdoor living is enhanced by two decks, a covered patio, a hot tub, and a built-in grill station with refrigerator. The 32x46 main shop is upgraded with epoxy concrete floors, a gas heater, and two 220V outlets, suitable for equipment, vehicles, or hobbies. The property includes three outbuildings constructed with 2x6 metal studs, including a 12x39 horse barn and a 24x50 building with a 2-car garage, chicken area, and horse stalls. Additional features include an oversized 3-car garage and RV parking. The property backs to a 180-acre conservation easement and is next to a 20-acre HOA-owned open space. The property offers country living less than a mile from shopping, dining, and other amenities in Elizabeth. The property size is 3468 square feet.
    Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Law Firm Dental Office Big Box & Wholesale Store Auto Repair Shop Nail Salon Gym & Fitness Center Department Store Pharmacy Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Elbert
    State
    Colorado
    Longitude
    -104.6164
    Latitude
    39.348236

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    FAQs

    What type of property is this?
    Horse & equestrian property - Upgraded equestrian facilities, ranch-style home, and convenient location.
    Where is this horse & equestrian property located?
    The property is located at 2560 Gold Creek Elizabeth, CO.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Turnkey horse property with upgraded equestrian facilities (stalls, barns, fenced pastures, riding trails).; **Upgraded 32x46 shop with epoxy floors, gas heater, and 220V outlets.**; Ranch‑style home with walkout basement, light‑filled interior, vaulted ceilings, and hardwood floors.
    (720) 370-3878
    We can help!
    Listing Contact
    ERNEST ARELLANO
    Learn More
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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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