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

    487 Falcon Rd Hartsel, CO 80449

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land ideal for building, camping, or alternative energy.

    Type:Land
    Added:
    Apr 26, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 26 at 9:35 pm

    Property Features for 487 Falcon Rd

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Joseph Wells

    Listing agent Joseph Wells License #100081963

    Listing office Pinecone Properties, LLC

    Listing date Apr 26, 2026

    Source Elliman

    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 Pinecone Properties, LLC

    Overview

    Land with Mountain Views

    This property offers a private setting suitable for building a home or camping. It is also ideal for solar panels or wind turbines. The location is near Spinney Mountain and Eleven Mile, known for fishing, including the "Dream Stream." The property provides views of the mountains and a night sky filled with stars, away from city light pollution. It is approximately an hour's drive from Buena Vista or Colorado Springs and is located close to National Forest and BLM land. The bike score is 22, indicating it is somewhat bikeable, while the walk score is 0, suggesting car dependence.
    Location Intelligence

    Current Use by Public Records

    Alt. Energy / Solar ...

    Map

    City
    Hartsel
    County
    Park
    State
    Colorado
    Longitude
    -105.713
    Latitude
    38.8787

    Nearby Similar for Sale

    • $169,500

      Land with Utilities Near National Forest

      5-acre residential land with utilities and mountain views.
      51 Singletree Lane, Hartsel, CO 80449
      View Details
    • $49,500

      Hartsel Treed Lot with Views

      2.5-acre treed lot with mountain views and recreational opportunities.
      517 Brahma Circle, Hartsel, CO 80449
      View Details
    • $79,500

      Land with Trees and Privacy

      2.6 acre lot with trees, privacy, and recreational opportunities.
      1581 Bellows Road, Hartsel, CO 80449
      View Details
    • $48,500

      Treed Lot in Ranch Rockies

      Private 4-acre lot with utilities, great views, and HOA amenities.
      304 Brahma Circle, Hartsel, CO 80449
      View Details
    • $52,000

      Private Retreat with National Forest Access

      5-acre retreat with stunning views and National Forest access.
      11414 Ranch Road, Hartsel, CO 80449
      View Details
    • $17,000

      Hartsel Land Backs to BLM

      4.39 acres of land near national forest.
      00 CHICKASAW ROAD, Hartsel, CO 80449
      View Details
    • $45,000

      Land with Mountain Views

      Unimproved land near Breckenridge and Buena Vista with recreational opportunities.
      187 Angus Circle, Hartsel, CO 80449
      View Details
    • $89,000

      Hartsel Land with Existing Well

      2.5-acre building site with well in Ranch of Rockies.
      257 Bolster Drive, Hartsel, CO 80449
      View Details
    • $49,500

      Treed Lot with Mountain Views

      2.5-acre treed lot with mountain views and recreational opportunities.
      565 Brahma Circle, Hartsel, CO 80449
      View Details
    • $76,000

      Hartsel Land with Mountain Views

      4.5-acre lot with trees, mountain views, electricity access.
      1430 Singletree Road, Hartsel, CO 80449
      View Details

    FAQs

    What type of property is this?
    Land - Land ideal for building, camping, or alternative energy.
    Where is this land located?
    The property is located at 487 Falcon Rd Hartsel, CO.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Private setting ideal for building or camping; Close proximity to Spinney Mountain, Eleven Mile Reservoir, and the "Dream Stream" for world‑class fishing; Potential for solar panels or wind turbines
    (719) 836-2083
    We can help!
    Listing Contact
    Joseph Wells
    Real Estate License ID: 100081963
    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!