Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4-1 Lamartine Road Idaho Springs, CO 80452

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $125,000

    Secluded property with mountain views and development potential.

    Type:Land / Unimproved Land
    Property size:
    166,399 SF
    Lot size:
    3.82 Acres
    Added:
    Apr 8, 2026
    Days on Market:
    10
    Last Refresh:
    Apr 8 at 8:20 pm

    Property Features for 4-1 Lamartine Road

    General Information

    Standard status
    Active
    Size
    166,399 SF
    Lot size
    3.82 Acres
    Property subtype
    Land / Unimproved Land

    We can help!

    Listing Contact
    Caleb Skeen
    Caleb Skeen

    Listing agent Caleb Skeen License #100074862

    Listing office Heritage West Realty LLC

    Listing date Apr 8, 2026

    Source Compass

    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 Heritage West Realty LLC

    Overview

    Secluded Land in Mining District

    This secluded 3.82-acre property is situated in the heart of the Lamartine Mining district, offering opportunities and views. It features a rehabbed drive and an excavated flat area suitable for a starter home or RV pad. The property is located 20 minutes from I-70 and Idaho Springs, providing convenient access to dining and shops. The location offers views of Mount Evans and part of the Sawtooth Range. The lot features old-growth timber and aspen groves. The property borders a national forest and is characterized by a mountainous, sloped terrain with many trees. The zoning is M-1. The property is located within the Clear Creek RE-1 school district, encompassing elementary, middle or junior, and high school levels.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Building Supply Real Estate Agency Hair Salon Big Box & Wholesale Store Nail Salon Gym & Fitness Center Kitchen & Bath Showroom Food Market Accounting Firm Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Idaho Springs
    County
    Clear Creek
    State
    Colorado
    Longitude
    -105.662
    Latitude
    39.697

    Nearby Similar for Sale

    • $27,000

      Recreational Land Near St. Mary's Glacier

      0.3 acre lot near St. Mary's Glacier with recreational opportunities.
      Aspen Road, Idaho Springs, CO 80452
      View Details
    • $55,000

      Spacious Lot Near St. Mary's Glacier

      0.37 acre lot with accessible topography and year-round access.
      Little Creek Road, Idaho Springs, CO 80452
      View Details
    • $65,000

      Mountain Land Ideal for Building

      0.34 acre lot perfect for building your mountain home.
      Beaver Road, Idaho Springs, CO 80452
      View Details
    • $1,250,000
      5,154 SF

      Established Restaurant Opportunity in Idaho

      Turn-key restaurant and real estate for sale in Idaho Springs.
      2805 Colorado Boulevard, Idaho Springs, CO 80452
      View Details
    • $1,500,000
      3,191 SF

      Prime Idaho Springs Development Opportunity

      High-traffic location ideal for multi-family or mixed-use development.
      2757 Colorado Boulevard, Idaho Springs, CO 80452
      View Details
    • $650,000
      2,470 SF

      Idaho Springs Office Building For Sale

      Well-located commercial office building in historic downtown Idaho Springs.
      1531 Colorado Blvd, Idaho Springs, CO 80452
      View Details
    • $1,395,000
      3,340 SF

      Idaho Springs Multifamily Investment Opportunity

      Multifamily property in scenic Idaho Springs with mountain views.
      4850 S. Spring Gulch Road, Idaho Springs, CO 80452
      View Details
    • $39,900

      Mountain Lot Near St. Mary's

      0.33-acre mountain lot near St. Mary's Glacier.
      39 Glory Hole Road, Idaho Springs, CO 80452
      View Details
    • $125,000

      Secluded Mountain Property with Views

      Secluded mountain property with rehabbed drive, excavated area, and views.
      4-1 Lamertine Rd, Idaho Springs, CO 80452
      View Details
    • $15,000

      Untamed Colorado Land for Sale

      3.94 acres of raw Colorado majesty for outdoor enthusiasts.
      111 Bellevue Mountain Drive, Idaho Springs, CO 80452
      View Details
    • $30,000

      Wooded Mountain Parcel Near I-70

      Wooded, sloped parcel with year-round access near Idaho Springs.
      Lot 89 Mine Road, Idaho Springs, CO 80453
      View Details
    • $20,000

      Wooded Mountain Parcel Near I-70

      Wooded mountain parcel near Idaho Springs with year-round access.
      Lot 678 Alice, Idaho Springs, CO 80453
      View Details

    FAQs

    What type of property is this?
    Land - Secluded property with mountain views and development potential.
    Where is this land located?
    The property is located at 4-1 Lamartine Road Idaho Springs, CO.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: Borders National Forest offering privacy and recreational opportunities.; Seller financing is available.; Enticing views of Mount Evans and part of the Sawtooth Range.
    (303) 918-1324
    We can help!
    Listing Contact
    Caleb Skeen
    Caleb Skeen
    Real Estate License ID: 100074862
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!