Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lakota Canyon Ranch Land Title is generated by Realmo AI

    561 Deer Valley Drive lot 32, New Castle, CO 81647

    View on Map
    Claim this Listing
    For Sale
    $139,500

    LAND - New Castle, CO

    Lot size:
    0.19 Acres
    Added:
    Mar 3, 2026
    Days on Market:
    84
    Last Refresh:
    May 26 at 6:06 pm

    Property Features for 561 Deer Valley Drive lot 32

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Single Family Lot
    Standard status
    Active
    APN
    212329424001
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Section: 29 Township: 5 Range: 90 Subdivision: LAKOTA CANYON RANCH FLG 6B1 Lot: 32 AS PER FINAL PLAT RECEPTION NO. 978733
    Tax Annual Amount
    2419

    We can help!

    Listing Contact
    Natalie Morning

    Listing agent Natalie Morning

    Listing office Romero Group Realty, LLC 208 Midland Ave. PO Box 4100, Basalt, CO

    Listing date Mar 3, 2026

    MLS# 191883 Listing URL

    Copyright © 2026 Aspen Glenwood 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

    • Borders Hole #10 of Lakota Links Golf Course
    • Big sky views
    • Access to HOA clubhouse and pool
    • Great proximity to outdoor activities (golf, hiking, biking, fishing, rafting, snow mobile trails)
    • Geotechnical investigation commissioned
    • Architectural design plans available

    Overview

    This 0.19-acre lot is positioned with views and borders hole #10 of the golf course. It is located in Lakota Canyon Ranch, adjacent to the Lakota Links Golf Club. This subdivision offers a place to enjoy mountain living. Neighborhood amenities include the HOA clubhouse and pool. The property is in proximity to golf, hiking, biking, fishing, rafting, and snowmobile trails. Lakota Canyon Ranch offers a balance of all four seasons. The zoning is for a single-family lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Auto Repair Shop Hair Salon Department Store Skin Care Clinic Kitchen & Bath Showroom Electrical Service Car Rental Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    Garfield
    State
    Colorado
    Longitude
    -107.515178
    Latitude
    39.585561

    Nearby Similar for Sale

    • $425,000

      Prime Commercial Corner Lot

      Commercial corner lot in downtown New Castle with high visibility.
      600 W Main Street, New Castle, CO 81647
      View Details
    • $700,000

      New Castle Commercial Land Opportunity

      2-acre commercial lot in New Castle near I-70.
      County Road 240, New Castle, CO 81647
      View Details
    • $765,000
      2,173 SF

      Duplex in Lakota with Golf Views

      Finished duplex with flexible floor plan and golf course views.
      60 Deer Valley Drive, New Castle, CO 81647
      View Details
    • $330,000

      Commercial Land in Downtown New Castle

      Commercial lot in historic downtown New Castle with high visibility.
      W Main St, New Castle, CO 81647
      View Details
    • $320,000

      Land Near Colorado River

      Two-acre residential land near the Colorado River in New Castle.
      Rapids View Lane lot: 18, New Castle, CO 81647
      View Details
    • $850,000
      1,817 SF

      New Construction Duplex in Lakota

      New duplex in Lakota Canyon Ranch, completion June 2026.
      40 Whitetail Drive, New Castle, CO 81647
      View Details
    • $140,000

      Residential Lot on Golf Course

      Vacant residential lot in Lakota Ranch with golf course views.
      850 Ute Circle, New Castle, CO 81647
      View Details
    • $850,000
      1,822 SF

      New Construction Duplex in New Castle

      Half duplex with mountain style exterior and modern luxury finishes.
      46 Whitetail Drive, New Castle, CO 81647
      View Details
    • $140,000

      Residential Lot in Lakota Ranch

      Spacious lot in golf course community with completed house plans.
      23 Marys Way, New Castle, CO 81647
      View Details
    • $154,900

      Residential Lot in Lakota Canyon

      Exceptional lot with panoramic views and community amenities.
      29 Stag Court, New Castle, CO 81647
      View Details
    • $580,000
      1,620 SF

      Updated Duplex in Castle Ridge

      Move-in ready duplex with modern updates and low-maintenance yard.
      94 CASTLE RIDGE Drive, New Castle, CO 81647
      View Details
    • $135,000

      Land Overlooking Lakota Canyon Golf

      Residential land with views and community amenities in New Castle, CO.
      347 Faas Ranch Road, New Castle, CO 81647
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot with golf course views and community amenities.
    Where is this residential land & home lot located?
    The property is located at 561 Deer Valley Drive lot 32 New Castle, CO.
    What is the asking price?
    The asking price for this property is $139,500.
    What are key features of this property?
    This property features: Borders Hole #10 of Lakota Links Golf Course; Big sky views; Access to HOA clubhouse and pool
    (321) 474-0103
    We can help!
    Listing Contact
    Natalie Morning
    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
    561 Deer Valley Drive lot: 32, New Castle, CO 81647
    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!