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    5411 Parmalee Gulch Rd Indian Hills, CO 80454

    For Sale
    $265,000

    2+ acre buildable lot with utilities and commercial potential.

    Lot size:
    2.21 Acres

    Property Features for 5411 Parmalee Gulch Rd

    General Information

    Standard status
    Active
    Lot size
    2.21 Acres

    Source: BERKSHIRE HATHAWAY HOMESERVICES ELEVATED LIVING RE Agent JULIA PURRINGTON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Indian Hills Buildable Land Opportunity

    This 2+ acre lot in Indian Hills presents an opportunity for building a dream home or investment property. Located along Parmalee Gulch, the mostly level lot benefits from two existing wells and on-site electricity. A preliminary septic design has been completed. Zoned MR-3, the property allows for a single-family home or a duplex. A creek runs through the property, supporting lush vegetation and space for domestic animals. The lot is located within Jefferson County’s commercial zone in the master plan, making it feasible to rezone for commercial or mixed-use development. Indian Hills Water service is also available. The location is near HWY 285, providing access to Denver and the mountains, and is within walking distance to local amenities such as the post office, Sit 'n Bull Saloon, and Mac Nation Café. This property offers potential for a private retreat, a multi-unit investment, or commercial development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Spa & Massage Building Supply Hair Salon Nail Salon Hotel & Motel Gym & Fitness HVAC Service Bar & Pub Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Indian Hills
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.2388757
    Latitude
    39.6195

    Nearby Similar for Sale

    • $884,000
      2,918 SF

      Charming Retail Space in Indian Hills

      Unique retail investment opportunity in the heart of Indian Hills.
      5490 S Parmalee Gulch Rd, Indian Hills, CO 80454
      View Details
    • $1,079,000
      2,918 SF

      Prime Indian Hills Retail Space

      Historic Meeting Venue, 2,918 SF
      5490 Parmalee Gulch Rd, Indian Hills, CO 80454
      View Details

    FAQs

    What type of property is this?
    Land - 2+ acre buildable lot with utilities and commercial potential.
    Where is this land located?
    The property is located at 5411 Parmalee Gulch Rd Indian Hills, CO.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: - Buildable 2+ acre lot with mostly level terrain, simplifying construction.; - Includes two existing wells and electricity on-site, reducing initial development costs.; - Zoned MR-3, allowing for a single-family home or duplex.
    (303) 670-3232
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    5411 Parmalee Gulch Rd Indian Hills, CO 80454
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    Realmo Value Estimation

    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.

    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.

    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
    5411 Parmalee Gulch Rd Indian Hills, CO 80454
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