Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Colorado Land Near Reservoirs Title is generated by Realmo AI

    7620 Routt Road, Hartsel, CO 80449

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Five-acre Colorado land parcel near multiple reservoirs.

    Type:Land or Vacant Lot
    Added:
    Aug 1, 2025
    Days on Market:
    310
    Last Refresh:
    Apr 5 at 8:24 pm

    Property Features for 7620 Routt Road

    General Information

    Standard status
    Active
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    TOM LOWMAN

    Listing agent TOM LOWMAN

    Listing office CHRISTOPHER T LOWMAN

    Listing date Aug 1, 2025

    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 CHRISTOPHER T LOWMAN

    HighLights

    • 5 acre property in Colorado.
    • Close proximity to multiple reservoirs including 11 Mile and Spinney Mountain.
    • Suitable for building a cabin or bringing a camper/fifth wheel.
    • Located near Hartsel for food and fuel.
    • Minimal light pollution makes it ideal for stargazing.
    • Affordably priced.

    Overview

    This five-acre parcel of land in Colorado is suitable for building a cabin or for recreational vehicle use. Located near Hartsel, it offers convenient access to food and fuel. The property is situated within 20 minutes of 11 Mile Reservoir, The Dream Stream, Spinney Mountain Reservoir, Antero Reservoir, and the planned Wild Horse Reservoir. The location benefits from minimal light pollution, making it suitable for stargazing.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Hartsel
    County
    Park
    State
    Colorado
    Longitude
    -105.713
    Latitude
    38.8787

    Nearby Similar for Sale

    • $169,500

      Land Ready for Dream Home

      5 acres adjacent to National Forest with utilities and amenities.
      51 Singletree Lane, Hartsel, CO 80449
      View Details
    • $122,500

      Treed Land with Mountain Views

      4-acre lot perfect for building or camping near outdoor activities.
      206 Bandolier Court, Hartsel, CO 80449
      View Details
    • $154,000

      40 Acres in Park County

      Land with mountain views, building site, and easy access.
      Wolfe Road lot: 26, Hartsel, CO 80449
      View Details
    • $116,900

      Hartsel Land with Mountain Views

      2.5 acre residential land with mountain views and HOA amenities.
      1421 Pitchfork Road, Hartsel, CO 80449
      View Details
    • $154,000

      Colorado Land with Mountain Views

      40-acre parcel with building pad and stunning mountain views.
      Wolfe Road lot: 26, Hartsel, CO 80449
      View Details
    • $215,000

      Land in Ranch of Rockies

      3.82-acre property with utilities in Hartsel, Colorado.
      2841 Singletree Rd, Hartsel, CO 80449
      View Details
    • $600,000

      Established Restaurant on State Highway

      Turnkey restaurant with rustic charm and expansion potential.
      12779 Highway 24, Hartsel, CO 80449
      View Details
    • $140,000

      Colorado Retreat Campsite Opportunity

      Campsite near lakes and mountains, includes furnished RV.
      65 Spike Way, Hartsel, CO 80449
      View Details
    • $154,000

      40 Acres of Colorado Land

      Land with mountain views, building site, and easy access.
      Wolfe Rd lot: 26, Hartsel, CO 80449
      View Details
    • $642,000

      Colorado Land with Mountain Views

      152-acre property near Fairplay with grazing and recreation potential.
      423 Cr-24 lot: 0, HARTSEL, CO 80440
      View Details
    • $77,500
      240 SF

      Campsite in Campground of Rockies

      Landscaped campsite with amenities in the Colorado Rocky Mountains.
      44 Clubcar Road, Hartsel, CO 80449
      View Details
    • $86,000

      Treed Lot with Mountain Views

      Private 4.25-acre lot with RV pad and mountain views.
      1080 Brahma Circle, Hartsel, CO 80449
      View Details

    FAQs

    What type of property is this?
    Land - Five-acre Colorado land parcel near multiple reservoirs.
    Where is this land located?
    The property is located at 7620 Routt Road 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: 5 acre property in Colorado.; Close proximity to multiple reservoirs including 11 Mile and Spinney Mountain.; Suitable for building a cabin or bringing a camper/fifth wheel.
    (719) 619-8991
    We can help!
    Listing Contact
    TOM LOWMAN
    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
    7620 Routt Road, Hartsel, CO 80449
    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!