Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Cascade Land with Mountain Views Title is generated by Realmo AI

    5265 Kulsa Rd, Cascade, CO 80809

    View on Map
    Claim this Listing
    For Sale
    $650,000

    LAND - Cascade, CO

    Lot size:
    12.28 Acres
    Added:
    Feb 17, 2026
    Days on Market:
    105
    Last Refresh:
    Jun 2 at 11:06 am

    Property Features for 5265 Kulsa Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-T
    Standard status
    Active
    APN
    83222-06-005
    Lot size
    12.28 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    3552

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Septic Tank

    We can help!

    Listing Contact
    Nissa Hall

    Listing agent Nissa Hall

    Listing office eXp Realty LLC 9800 Pyramid Ct. Ste 400, Englewoood, CO

    Listing date Feb 17, 2026

    MLS# 1059965 Listing URL

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

    HighLights

    • Over 10‑acre lots offering privacy and natural Colorado beauty.
    • Stunning panoramic views of the Colorado mountains.
    • Conveniently located 15 minutes from downtown Colorado Springs.
    • Zoned for a Main house plus Guest house.
    • Utilities available at the street line.
    • Designated building site already approved by the county.

    Overview

    This is a rare opportunity to own one of three exclusive lots, each over 10 acres. This residential subdivision offers forest, views, and potential. Located alongside Pikes Peak Highway, each lot provides views of the Colorado mountains. The scenery is suitable for building projects. Situated 15 minutes from downtown Colorado Springs, the property offers seclusion and accessibility to shops, schools, medical services, restaurants, and entertainment. Zoned for residential use, the land can accommodate a main house plus a guest house. Each building site has been designated by the county, with access to utilities at the street line. The extension of Kulsa Road will commence with the closed sale of the first lot in the subdivision. Water, electricity, gas, and cable (high-speed internet) will be at street level, provided by Colorado Springs Utilities. Septic is required. The property is identified as Lot 2, Guntzelman Porcelain Pines Subdivision, El Paso County, Colorado.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Auto Repair Shop Gym & Fitness Center Hotel & Motel Department Store Food Market Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Cascade
    County
    El Paso
    State
    Colorado
    Longitude
    -104.984674
    Latitude
    38.908736

    Nearby Similar for Sale

    • $800,000

      Forested Acreage Near Pikes Peak

      51.23 acres of forested land near Colorado Springs.
      6085 Wellington Road, Cascade, CO 80809
      View Details
    • $625,000

      Colorado Land with Mountain Views

      10+ acre residential lots with mountain views near Colorado Springs.
      5295 Kulsa Rd, Cascade, CO 80809
      View Details
    • $675,000

      Colorado Land with Mountain Views

      Over 10-acre lot with mountain views near Colorado Springs.
      5260 Kulsa Rd, Cascade, CO 80809
      View Details
    • $499,900

      7.18 Acres Mountain Parcel

      Rare mountain parcel with well, road, and federal land access.
      11070 W Highway 24, Cascade, CO 80819
      View Details
    • $650,000

      Residential Land with Mountain Views

      Exclusive 12+ acre lots with mountain views near Colorado Springs.
      5265 Kulsa Road, Cascade, CO 80809
      View Details
    • $675,000

      Colorado Land with Mountain Views

      12.58 acre residential lot with mountain views near Colorado Springs.
      5260 Kulsa Road, Cascade, CO 80809
      View Details
    • $1,500,000

      Cascade Land with Panoramic Views

      46 acres of Colorado landscape with 360-degree views.
      W Highway 24, Cascade, CO 80809
      View Details
    • $625,000

      Land with Mountain Views

      Over 10 acres of natural Colorado beauty near Pikes Peak.
      5295 Kulsa Road, Cascade, CO 80809
      View Details
    • $1,500,000

      Cascade Land with Panoramic Views

      45+ acre Colorado land with Pikes Peak views.
      Us-24, Cascade, CO 80809
      View Details
    • $800,000

      Forested Acres at Pikes Peak

      51.23 acres of forested land near Colorado Springs.
      6085 Wellington, Cascade, CO 80809
      View Details
    • $800,000

      Forested Acres Near Pikes Peak

      51.23 acres of forested land near Colorado Springs.
      6085 Wellington Road, Cascade, CO 80809
      View Details
    • $30,000

      Cascade Corner Lot Opportunity

      Corner lot in Cascade, Colorado, with residential and investment potential.
      Wild Wood Rd, Cascade, CO 80809
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 12+ acre residential lot near Pikes Peak Highway.
    Where is this residential land & home lot located?
    The property is located at 5265 Kulsa Rd Cascade, CO.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Over 10‑acre lots offering privacy and natural Colorado beauty.; Stunning panoramic views of the Colorado mountains.; Conveniently located 15 minutes from downtown Colorado Springs.
    (720) 425-4870
    We can help!
    Listing Contact
    Nissa Hall
    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
    5265 Kulsa Rd, Cascade, CO 80809
    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!