Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    826 SADDLE RIDGE Circle Granby, CO 80446

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $135,000

    0.27-acre lot with golf course views in Grand Elk.

    Added:
    May 1, 2025
    Days on Market:
    371
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 826 SADDLE RIDGE Circle

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    NAZREEN KASHANI

    Listing agent NAZREEN KASHANI

    Listing office LIV SOTHEBY'S INTERNATIONAL DT

    Listing date May 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 LIV SOTHEBY'S INTERNATIONAL DT

    HighLights

    • Exclusive access to Grand Elk amenities: enjoy the seasonal pool, year‑round hot tub, and unlimited golf driving range access.
    • Prime location with views of the 10th hole green at Grand Elk Golf Course.
    • Convenient access to year‑round outdoor activities: just 5 minutes from Granby Ranch (skiing, hiking, biking, golf).
    • Desirable Grand Elk neighborhood with peaceful surroundings and paved roads.
    • Close proximity to Lake Granby, Grand Lake, and Rocky Mountain National Park.
    • Utilities ready: water, sewer, and electric are nearby.

    Overview

    Residential Lot with Golf Course View

    This 0.27-acre lot offers views of the 10th hole green at Grand Elk Golf Course, providing an ideal location to build a home. Situated in the Grand Elk neighborhood, the property features paved roads and views of the surrounding peaks. Ownership includes exclusive access to the outdoor seasonal pool and year-round hot tub. HOA fees cover unlimited golf and driving range access. The location is approximately 5 minutes from Granby Ranch for skiing, hiking, biking, and golf, and a short drive to Lake Granby, Grand Lake, and Rocky Mountain National Park. Water, sewer, and electric utilities are nearby, making the lot ready for construction. This lot is suitable for a full-time residence or a mountain getaway, with access to Grand County amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Dental Office Restaurant Gym & Fitness Center Hair Salon Department Store Skin Care Clinic Pharmacy Big Box & Wholesale Store Food Market Law Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Granby
    County
    Grand
    State
    Colorado
    Longitude
    -105.931
    Latitude
    40.073

    Nearby Similar for Sale

    • $124,000
      2,915 SF

      Versatile Commercial Space in Granby, CO

      Commercial space inside The Inn at Silvercreek, Granby, Colorado.
      62927 US HWY 40, Granby, CO 80446
      View Details
    • $700,000
      3,150 SF

      Granby Duplex: Investment Opportunity

      Full duplex in Granby, ideal for rental income or living.
      255 CHRISTIANSEN Avenue, Granby, CO 80446
      View Details
    • $468,000
      1,792 SF

      Granby Duplex with Income Potential

      In-town Granby duplex with income and flexible living options.
      380 E Topaz Avenue, Granby, CO 80446
      View Details
    • $349,900

      Granby Ranch Ski-In/Ski-Out Homesite

      Ski-in/ski-out homesite in growing Granby Ranch community.
      500 POWDER Court, Granby, CO 80446
      View Details
    • $160,000

      Granby Vacant Land For Sale

      High-visibility commercial land with Highway 40 access in Granby, Colorado.
      59999 US HWY 40, Granby, CO 80446
      View Details
    • $725,000
      1,990 SF

      Mixed-Use Property in Granby, CO

      Mixed-use property near shops, restaurants, and Granby Amtrak Station.
      378 E Agate Avenue, Granby, CO 80446
      View Details
    • $169,900

      Granby Ranch Homesite with Mountain Views

      Serene homesite with mountain views and Granby Ranch amenities.
      1368 LOWER RANCH VIEW Road, Granby, CO 80446
      View Details
    • $128,000

      Treed Homesite in Val Moritz

      0.40-acre homesite near Granby Ranch with utilities.
      618 GCR 899, Granby, CO 80446
      View Details
    • $100,000

      Golf Course Lot in Granby

      Flat lot on golf course with mountain views and amenities.
      700 BUCKHORN, Granby, CO 80446
      View Details
    • $84,500

      Land in Grand Elk Community

      Homesite in Grand Elk with mountain views and amenities.
      721 BUCKHORN Drive, Granby, CO 80446
      View Details
    • $120,000

      Granby Ranch Homesite Near Skiing

      Quarter-acre homesite with Granby Ranch amenities and recreational access.
      334 Eagles Nest Court, Granby, CO 80446
      View Details
    • $47,500

      Granby Land with Mountain Views

      Flat lot near Rocky Mountain National Park and ski resorts.
      19 Willow Drive, Granby, CO 80446
      View Details

    FAQs

    What type of property is this?
    Land - 0.27-acre lot with golf course views in Grand Elk.
    Where is this land located?
    The property is located at 826 SADDLE RIDGE Circle Granby, CO.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: Exclusive access to Grand Elk amenities: enjoy the seasonal pool, year‑round hot tub, and unlimited golf driving range access.; Prime location with views of the 10th hole green at Grand Elk Golf Course.; Convenient access to year‑round outdoor activities: just 5 minutes from Granby Ranch (skiing, hiking, biking, golf).
    (303) 534-4115
    We can help!
    Listing Contact
    NAZREEN KASHANI
    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
    826 SADDLE RIDGE Circle, Granby, CO 80446
    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!