Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Bellvue Land with Mountain Views Title is generated by Realmo AI

    898 Hernia Hill, Bellvue, CO 80512

    View on Map
    Claim this Listing
    For Sale
    $285,000

    36-acre parcel in Bellvue, Colorado with sweeping mountain views.

    Type:Land or Vacant Lot
    Lot size:
    36.00 Acres
    Added:
    May 23, 2025
    Days on Market:
    379
    Last Refresh:
    Apr 6 at 12:05 am

    Property Features for 898 Hernia Hill

    General Information

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

    We can help!

    Listing Contact
    ERIC STASHAK
    ERIC STASHAK

    Listing agent ERIC STASHAK License #100070081

    Listing office Keller Williams-DTC

    Listing date May 23, 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 Keller Williams-DTC

    HighLights

    • Expansive 36‑acre parcel offering privacy and serenity.
    • Sweeping views of Horsetooth Reservoir and surrounding natural landscape.
    • Raw land with no existing structures, providing a unique opportunity to build a custom mountain retreat.
    • Multiple potential building sites with stunning vistas.
    • Easy access to hiking, hunting, fishing, and other outdoor recreational activities.
    • Located a scenic drive from Fort Collins, offering convenient access to amenities.

    Overview

    This 36-acre parcel is located in the hills of Bellvue, Colorado. The raw land offers views of Horsetooth Reservoir, native pines, and wildlife. The terrain provides multiple potential building sites. It is located a scenic drive from Fort Collins and offers access to hiking, hunting, and fishing. The property is suitable for a full-time residence, weekend getaway, off-grid cabin, or recreational basecamp.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Bellvue
    County
    Larimer
    State
    Colorado
    Longitude
    -105.212
    Latitude
    40.6132

    Nearby Similar for Sale

    • $325,000
      960 SF

      Colorado Land with Canyon Views

      5+ acres with shop, utilities, and architectural plans.
      3434 Davis Ranch Rd, Bellvue, CO 80512
      View Details
    • $245,000

      Bellvue Land with Mountain Views

      40-acre parcel bordering National Forest with expansive views.
      Spencer Mountain Rd, Bellvue, CO 80512
      View Details
    • $325,000

      Bellvue Land with Mountain Views

      6.59 acres in gated community with panoramic views.
      Crocus Dr, Bellvue, CO 80512
      View Details
    • $295,000

      Bellvue Land with Mountain Views

      6.55 acres in gated community with panoramic mountain views.
      275 Crocus Dr, Bellvue, CO 80512
      View Details
    • $139,900

      Poudre Riverfront Land For Sale

      2+ acre riverfront parcel with 400 feet of river frontage.
      32370 Poudre Canyon Rd, Bellvue, CO 80512
      View Details
    • $135,000

      Crystal Mountain Getaway Land

      3.24 acres in Crystal Mountain with sweeping views and amenities.
      28 Agate Ct, Bellvue, CO 80512
      View Details
    • $175,000

      Bellvue Land with Mountain Views

      8.13 acres in Bellvue, Colorado with mountain views.
      711 Saddle Ridge Rd, Bellvue, CO 80512
      View Details
    • $449,900

      Bellvue Land with Creek Access

      49+ acre homesite with creek, well, and septic system.
      439 Redtail Ridge Way, Bellvue, CO 80512
      View Details
    • $275,000

      Bellvue Land with Mountain Views

      6.79 acre homesite near Fort Collins with utilities.
      620 Davis Ranch Rd, Bellvue, CO 80512
      View Details
    • $409,000

      Bellvue Land with Natural Springs

      51.98 acres with springs, pond, stream, cabin, and utilities.
      1899 Spring Valley Rd, Bellvue, CO 80512
      View Details
    • $175,000

      Colorado Mountain Land Opportunity

      20-acre parcel with views and building potential near Fort Collins.
      865 Redstone Dr, Bellvue, CO 80512
      View Details
    • $248,500

      Bellvue Land with Mountain Views

      12-acre Bellvue land with utilities and mountain views.
      1390 Walking Wind Dr, Bellvue, CO 80512
      View Details

    FAQs

    What type of property is this?
    Land - 36-acre parcel in Bellvue, Colorado with sweeping mountain views.
    Where is this land located?
    The property is located at 898 Hernia Hill Bellvue, CO.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: Expansive 36‑acre parcel offering privacy and serenity.; Sweeping views of Horsetooth Reservoir and surrounding natural landscape.; Raw land with no existing structures, providing a unique opportunity to build a custom mountain retreat.
    (303) 771-7500
    We can help!
    Listing Contact
    ERIC STASHAK
    ERIC STASHAK
    Real Estate License ID: 100070081
    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
    898 Hernia Hill, Bellvue, CO 80512
    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!