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    3961 Co Rd Glenwood Springs, CO 81601

    For Sale
    $5,900,000

    Prime Colorado Ranch: Ag, Commercial Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 182-acre property, known as the Plus Lazy K Ranch, presents a unique investment opportunity in Garfield County, Colorado. Located just 7 miles from Glenwood Springs and 6 miles from Carbondale, this expansive ranch boasts approximately 140 acres of heavily irrigated pastures and 15 acres of dry-land pastures, ideal for a variety of agricultural uses. A natural spring feeds multiple ponds throughout the property, providing reliable year-round irrigation and creating a thriving habitat for wildlife. The ranch offers stunning, unobstructed views of Mount Sopris and the Roaring Fork River Valley. A significant advantage is the existing 7.4-acre building envelope, conveniently located with easy access to local utilities, and offering potential for immediate income generation. Existing improvements include a primary residence suitable for renovation, along with several shops and outbuildings. The property's commercial component allows for diverse uses, further enhancing its investment appeal. Senior water rights ensure a consistent water supply. This remarkable property is situated within a short drive of Aspen, offering unparalleled access to recreational activities and a vibrant mountain lifestyle. The asking price for this exceptional Colorado ranch is $5,900,000.

    Property Features for 3961 Co Rd

    General Information

    Property type
    Farms
    Lot Size
    7,927,920 SF

    HighLights

    • 182‑acre ranch with 140 acres of irrigated and 15 acres of dry‑land pastures.
    • Multiple spring‑fed ponds, stunning Mount Sopris views, and Roaring Fork Valley vistas.
    • Conveniently located 7 miles from Glenwood Springs and 6 miles from Carbondale.
    • Commercial zoning allows for diverse uses and immediate income potential.
    • Senior water rights ensure reliable year‑round irrigation.
    • 7.4‑acre building envelope with readily accessible utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Glenwood Springs
    County
    Garfield
    State
    Colorado
    Longitude
    -107.2357011
    Latitude
    39.4869934

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    FAQs

    What type of property is this?
    Farm - Prime Colorado Ranch: Ag, Commercial Potential
    Where is this farm located?
    The property is located at 3961 Co Rd Glenwood Springs, CO.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: 182-acre ranch with 140 acres of irrigated and 15 acres of dry-land pastures.; Multiple spring-fed ponds, stunning Mount Sopris views, and Roaring Fork Valley vistas.; Conveniently located 7 miles from Glenwood Springs and 6 miles from Carbondale.
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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
    3961 Co Rd Glenwood Springs, CO 81601
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