Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Guffey Corner Lot Opportunity Title is generated by Realmo AI

    56 View Lane, Guffey, CO 80820

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $60,000

    3-acre corner lot with mountain views and infrastructure.

    Type:Land or Vacant Lot
    Lot size:
    3.31 Acres
    Added:
    Oct 25, 2024
    Days on Market:
    564
    Last Refresh:
    Apr 5 at 10:56 pm

    Property Features for 56 View Lane

    General Information

    Standard status
    Active
    Lot size
    3.31 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    DANIEL SULLIVAN

    Listing agent DANIEL SULLIVAN License #100079791

    Listing office Saddle Up Realty LLC

    Listing date Oct 25, 2024

    Source Corcoran

    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 Saddle Up Realty LLC

    HighLights

    • Panoramic mountain views of Pikes Peak, Castle Mountain, Saddle Mountain, and Pisgah.
    • No HOA or covenants, offering freedom and flexibility.
    • Property is fully fenced with a permitted driveway and a 1,000‑gallon septic holding tank, ready for immediate use.
    • County‑maintained roads and a welcoming community.
    • Convenient access to Pike National Forest (less than 5 miles) and Eleven Mile Reservoir (under 30 minutes).
    • Phone service at the property line and power nearby, simplifying development.

    Overview

    This corner lot, located in Guffey, Colorado, spans a little over 3 acres. Situated on the outskirts of Colorado Springs, Woodland Park, Florissant, Cripple Creek, and Cañon City, the property is located in Pike Meadows Estates, within a valley that offers views of Pikes Peak, Castle Mountain, Saddle Mountain, and Pisgah. The landscape includes rolling hills with pine, aspen, and rock outcroppings. The area has no HOAs or covenants, and the roads are county-maintained. The property is fully fenced and has a permitted driveway. It includes a 1,000-gallon, two-compartment septic holding tank with a high-level alarm. Phone service is available at the property line, and power is a short distance away. Pike National Forest is less than 5 miles away, and Eleven Mile Reservoir is under 30 minutes away.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Guffey
    County
    Park
    State
    Colorado
    Longitude
    -105.394
    Latitude
    38.8074

    Nearby Similar for Sale

    • $749,000
      1,052 SF

      Unique Grocery Store in Guffey

      Successful organic grocery store with boutique shops and event space.
      43 CR 102, Guffey, CO 80820
      View Details
    • $68,000

      Land in Pike Meadows Estates

      4.59 acre corner lot with well and mountain views.
      4782 County Road 71, Guffey, CO 80820
      View Details
    • $52,000

      Guffey, CO Land Parcel

      3.8-acre parcel in Guffey, CO with mountain views.
      4680 County Road 71, Guffey, CO 80820
      View Details
    • $1,799,000

      Colorado Ranch Bordering National Forest

      500+/- acre ranch with direct National Forest access.
      Highway 9, Guffey, CO 80820
      View Details
    • $185,000

      35 Acres with Mountain Views

      Land with views near Guffey, Colorado, perfect for recreation.
      13 Buckhorn Trail, Guffey, CO 80820
      View Details
    • $60,000

      Guffey, CO Corner Lot

      3.31-acre corner lot in Guffey, CO, with mountain views.
      56 View Lane, Guffey, CO 80820
      View Details
    • $199,000

      Guffey, CO Land with Well

      35.97 acres near Guffey with well and year-round access.
      455 County Road 132, Guffey, CO 80820
      View Details
    • $200,000

      20 Acres Mountain Property

      20-acre mountain property with panoramic views and off-grid infrastructure.
      2450 Antelope Lane, Guffey, CO 80820
      View Details
    • $70,000

      Guffey, Colorado Land with Home

      Scenic Colorado mountain property with existing home and utilities.
      1620 Park Ridge Drive, Guffey, CO 80820
      View Details
    • $52,000

      Guffey Land Parcel For Sale

      0.9 acre rural mixed-use land parcel in Guffey, Colorado.
      6th Street, Guffey, CO 80820
      View Details
    • $200,000

      Guffey, CO Mountain Land

      20-acre mountain property with infrastructure in Park County.
      2450 Antelope Lane, Guffey, CO 80820
      View Details
    • $155,000

      Guffey Land with Mountain Views

      20 acres with sweeping views and multiple building sites.
      422 Buck Drive, Guffey, CO 80820
      View Details

    FAQs

    What type of property is this?
    Land - 3-acre corner lot with mountain views and infrastructure.
    Where is this land located?
    The property is located at 56 View Lane Guffey, CO.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: Panoramic mountain views of Pikes Peak, Castle Mountain, Saddle Mountain, and Pisgah.; No HOA or covenants, offering freedom and flexibility.; Property is fully fenced with a permitted driveway and a 1,000‑gallon septic holding tank, ready for immediate use.
    (719) 689-5501
    We can help!
    Listing Contact
    DANIEL SULLIVAN
    Real Estate License ID: 100079791
    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
    56 View Lane, Guffey, CO 80820
    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!