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    400 3 St Hayden, CO 81639

    For Sale
    $10,122,000

    51 Acres, Prime Hayden Location, Entitlements Included

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 51-acre parcel in Hayden, Colorado, presents a unique opportunity for residential development. Located at 400 S 3rd St, 81639, this property boasts significant advantages, including pre-existing entitlements, making the planning process significantly smoother. The land, platted over a century ago, includes substantial water rights (3.00 C.F.S.), a crucial asset for negotiating future tap fees and ensuring a sustainable community. Its prime location is highlighted by its designation as the #1 priority for residential growth in the Hayden Master Plan, placing it within walking distance of town amenities and directly across from the new Pre K-12 Hayden School. Ingress and egress are readily accessible, minimizing development challenges. A local consulting firm has even deemed this parcel "The Crown Jewel of Hayden." The asking price of $10,122,000 represents a significant value, especially considering a recent comparable sale of a less advantageous parcel at a much higher price per acre. The property's versatility allows for diverse development options, including single-family homes, duplexes, triplexes, and live-work units. Its proximity to the Yampa Valley Regional Airport (3 miles) and Steamboat Springs (25 miles) further enhances its appeal. This is a rare chance to create a thriving community in a rapidly growing area. The land's value is $199 per acre.

    Property Features for 400 3 St

    General Information

    Property type
    Land
    Lot Size
    2,221,560 SF

    HighLights

    • 51‑acre development parcel in Hayden, CO, located at 400 S 3rd St, 81639.
    • Pre‑existing entitlements streamline the development process.
    • Includes substantial water rights (3.00 CFS).
    • Designated #1 priority for residential growth in the Hayden Master Plan, near town amenities and the new Pre K‑12 school.
    • $10,122,000 asking price; allows for diverse development options including single‑family homes, duplexes, triplexes, and live‑work units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hayden
    County
    Routt
    State
    Colorado
    Longitude
    -107.2632245
    Latitude
    40.4901882

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    FAQs

    What type of property is this?
    Land - 51 Acres, Prime Hayden Location, Entitlements Included
    Where is this land located?
    The property is located at 400 3 St Hayden, CO.
    What is the asking price?
    The asking price for this property is $10,122,000.
    What are key features of this property?
    This property features: 51-acre development parcel in Hayden, CO, located at 400 S 3rd St, 81639.; Pre-existing entitlements streamline the development process.; Includes substantial water rights (3.00 CFS).
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    400 3 St Hayden, CO 81639
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    Realmo Value Estimation

    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.

    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.

    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
    400 3 St Hayden, CO 81639
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