Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land in Yoder, Colorado Title is generated by Realmo AI

    32290 N Neely Road, Yoder, CO 80864

    View on Map
    Claim this Listing
    For Sale
    $54,900

    LAND - Yoder, CO

    Lot size:
    39.81 Acres
    Added:
    Feb 19, 2026
    Days on Market:
    84
    Last Refresh:
    May 14 at 7:06 am

    Property Features for 32290 N Neely Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    39.81 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    14

    We can help!

    Listing Contact
    Joseph Heffner

    Listing agent Joseph Heffner

    Listing office The Platinum Group 6760 Corporate Dr. Ste. 300, Colorado Springs, CO

    Listing date Feb 19, 2026

    MLS# 7983293 Listing URL

    Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • No covenants or HOA's, giving you freedom.
    • Wonderful peak & mountain views.
    • Manufactured, modular and mobile homes allowed.
    • Electric @ property line.
    • County maintained rds.
    • Conveniently located 35 minutes to Springs & 20 minutes to amenities in Ellicott.

    Overview

    This is a very nice piece of land located in the country, offering peak and mountain views. The property is situated approximately 35 minutes from Colorado Springs and 20 minutes from amenities in Ellicott. County-maintained roads provide access. Electric service is available at the property line. Manufactured, modular, and mobile homes are permitted. The lot size is 39.81 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Yoder
    County
    El Paso
    State
    Colorado
    Longitude
    -104.2281215
    Latitude
    38.6412809

    Nearby Similar for Sale

    • $1,200,000

      Warehouse/Distribution Manufacturing Center on Acres

      Warehouse/Distribution Manufacturing Center on 40+ acres near Colorado Springs.
      515 S Yoder Road, Yoder, CO 80864
      View Details
    • $179,000

      Colorado Land with Mountain Views

      35-acre agricultural parcel with well, septic, and outbuildings.
      9800 BOONE Road, Yoder, CO 80864
      View Details
    • $650,000

      Yoder, CO - 320 Acre Ranch

      320-acre fenced parcel ideal for grazing or ranching in Yoder.
      1999 Sengbeil Road, Yoder, CO 80864
      View Details
    • $130,000

      Land with Mountain Views

      39+ acre property with well and mountain views.
      Equestrian Point, Yoder, CO 80864
      View Details
    • $109,000

      40-Acre Corner Property in Yoder

      40-acre corner property in Yoder/Rush area, Eastern El Paso County.
      Highway 94, Yoder, CO 80864
      View Details
    • $49,999

      Yoder, CO Vacant Land

      5-acre parcel in Yoder, CO, with mountain views.
      6325 Night Train ln, Yoder, CO 80864
      View Details
    • $240,000

      Yoder, CO Buildable Lot

      35.27 acre lot with barn, well, septic, and propane.
      32215 Big Springs Road, Yoder, CO 80864
      View Details
    • $71,000

      35 Acres Colorado Prairie Land

      35 acres of open prairie land with capped well.
      30790 Darroll Road, Yoder, CO 80864
      View Details
    • $90,000

      Expansive Land Parcel in Yoder

      35-acre parcel perfect for agricultural pursuits or custom home.
      35460 Rancho Herrera View, Yoder, CO 80864
      View Details
    • $129,900

      80 Acres in Yoder, CO

      Picturesque 80-acre property with outbuildings in Yoder, Colorado.
      37150 E Jones Rd., Yoder, CO 80824
      View Details
    • $469,000

      240 Acres with Pikes Peak Views

      Large, fenced 240-acre property with Pikes Peak views in Yoder.
      Sengbeil Road, Yoder, CO 80864
      View Details
    • $42,500

      Land in Yoder, Colorado

      35-acre lot with mountain views and electric access.
      30390 Carl View, Yoder, CO 80864
      View Details

    FAQs

    What type of property is this?
    Land - Land with mountain views, no covenants, and electric access.
    Where is this land located?
    The property is located at 32290 N Neely Road Yoder, CO.
    What is the asking price?
    The asking price for this property is $54,900.
    What are key features of this property?
    This property features: No covenants or HOA's, giving you freedom.; Wonderful peak & mountain views.; Manufactured, modular and mobile homes allowed.
    (719) 536-4326
    We can help!
    Listing Contact
    Joseph Heffner
    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

    Thank You for Inquiry
    32290 N Neely Road, Yoder, CO 80864
    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!