Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8830 Blue Creek Rd Evergreen, CO 80439

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $895,000

    Three-acre Evergreen property with horse setup, home, and log cabin.

    Property size:
    1,618 SF
    Lot size:
    3.10 Acres

    Property Features for 8830 Blue Creek Rd

    General Information

    Standard status
    Active
    Size
    1,618 SF
    Lot size
    3.10 Acres

    Building Details

    Year built
    1952

    We can help!

    Listing Contact
    K C Butler
    Source: Corcoran

    Listing Agency: Legacy 100 Real Estate Partners LLC Listing Agent: K C Butler

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

    Learn more

    Overview

    Equestrian Property with Vintage Log Cabin

    This 3-acre property is suitable for horses, featuring a flat, usable lot. The location provides peaceful surroundings with mature pines, aspens, and rock outcroppings, and is situated approximately 8 minutes from downtown Evergreen and Aspen Park, with proximity to Flying J Open Space Park. The property includes a home offering one-level living with hardwood floors and two living spaces. The formal living room has a gas heat stove, while the family room features a rock fireplace and wood-beamed ceilings. The partially updated kitchen includes quartz countertops, appliances, cabinetry, and a dining area with a bay window. The primary suite includes a walk-in closet and an attached bathroom. Both bathrooms have been updated. A vintage 2-room log cabin with a loft is also located on the property, suitable as a studio, private office, guest quarters, or creative retreat, and includes power and a pellet stove. Access is available year-round with paved roads and a flat, circular driveway. The property includes an oversized two-car garage with workshop space, plus an additional storage garage.
    Location Intelligence

    Current Use by Public Records

    Horse & equestrian properties

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Department Store Kitchen & Bath Showroom Electrical Service Furniture & Home Goods Bed & Breakfast Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Evergreen
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.423
    Latitude
    39.6455

    Nearby Similar for Sale

    • $345,000
      1,000 SF

      Evergreen Office Condo with Amenities

      Ground-floor office condo with kitchen, bath, laundry, and parking.
      30746 Bryant Dr, Evergreen, CO 80439
      View Details
    • $2,485,000
      15,907 SF

      Historic Inn Ideal for Many

      Historic inn suitable for various uses near Downtown Evergreen.
      8136 S Brook Forest Rd, Evergreen, CO 80439
      View Details
    • $230,000

      Evergreen Office Units For Sale

      Two office units with open floorplan and outdoor patio.
      30752 Southview Dr, Evergreen, CO 80439
      View Details
    • $1,999,999
      10,229 SF

      Evergreen Office/Medical Building For Sale

      Renovated 10,229 SF building suitable for office or medical use.
      30616 Bryant Dr, Evergreen, CO 80439
      View Details
    • $800,000

      Historic Building in Downtown Evergreen

      Retail and office space in a high-traffic, walkable location.
      28235 Hwy, Evergreen, CO
      View Details
    • $3,550,000
      20,890 SF

      Evergreen Class A Office Building

      Fully leased Class A office building in Evergreen, Colorado.
      32135 Castle Ct, Evergreen, CO
      View Details
    • $625,000
      3,300 SF

      Evergreen Office/Warehouse Versatile Building

      3,300 SF building ideal for office or office warehouse use.
      35715 U.S Hwy 40, Evergreen, CO 80439
      View Details
    • $700,000
      3,355 SF

      Evergreen Office/Warehouse Investment Opportunity

      3,355 SF office/warehouse in Evergreen, move-in ready with ample parking.
      35715 Unit D201 - D202, Evergreen, CO 80439
      View Details
    • $3,260,000
      18,464 SF

      Evergreen Flex Showroom Asset

      Premier showroom with high visibility and utility in Evergreen, CO.
      114 Homestead Rd, Evergreen, CO
      View Details
    • Contact for pricing
      7,536 SF

      Evergreen Commercial Investment Opportunity

      Commercial property in Evergreen, Colorado, near dining and recreation.
      1222 Bergen Pkwy, Evergreen, CO
      View Details
    • Contact for pricing
      1,817 SF

      Evergreen Retail or Office Condo

      1,817 SF move-in ready retail or office condo for sale.
      27888 Mdw Dr, Evergreen, CO
      View Details
    • Contact for pricing
      2,750 SF

      Renovated Office Building For Sale

      Recently renovated office building with ample parking and great visibility.
      30922 Hilltop Dr, Evergreen, CO 80439
      View Details

    FAQs

    What type of property is this?
    Horse & equestrian property - Three-acre Evergreen property with horse setup, home, and log cabin.
    Where is this horse & equestrian property located?
    The property is located at 8830 Blue Creek Rd Evergreen, CO.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - 3-acre flat, usable lot ideal for horses, a rare find in the foothills.; - Vintage 2-room log cabin with loft, power, and pellet stove, suitable for studio, office, or guest quarters.; - Convenient location: 8 minutes to downtown Evergreen and close to Flying J Open Space Park.
    (303) 591-4663
    Request Owner's contact information
    8830 Blue Creek Rd Evergreen, CO 80439
    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.
    8830 Blue Creek Rd
    Evergreen, CO 80439
    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
    8830 Blue Creek Rd Evergreen, CO 80439
    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

    We can help!
    Listing Contact
    K C Butler
    Real Estate License ID: 251091
    (303) 591-4663 (303) 526-1717 (303) 232-4444
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!