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    5023 Co Rd Erie, CO 80516

    For Sale
    $6,405,000

    Prime 37-acre agricultural land, exceptional views.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 36.737-acre agricultural property in Erie, Colorado, presents a unique investment opportunity. Located at 5023 County Road 6 in Weld County, this land boasts an enviable location at the northeast corner of County Road 6 and County Road 11. The property is zoned AG and includes existing IOS special use permits, simplifying development or continued use. Enjoy breathtaking front range views and convenient access to major transportation arteries, including E-470 and I-25, ensuring seamless connectivity. Utilities are already in place, with water service provided by the Central Weld County Water District and power supplied by United Power. The property's strategic position directly across from the United Power Station adds significant value. Furthermore, there is existing income generated from MTM IOS tenants. This offering presents a rare chance to acquire a well-situated, income-producing agricultural property with significant development potential in a rapidly growing area. The asking price is $6,405,000. The property's zip code is 80516. This is a confidential listing

    Property Features for 5023 Co Rd

    General Information

    Property type
    Farms
    Lot Size
    1,600,264 SF

    HighLights

    • 36.737‑acre agricultural property at the northeast corner of County Road 6 and County Road 11, Erie, CO.
    • AG zoning with existing IOS special use permits.
    • Water service from Central Weld County Water District.
    • Power supplied by United Power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Erie
    County
    Weld
    State
    Colorado
    Longitude
    -104.9592462
    Latitude
    40.0301265

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    FAQs

    What type of property is this?
    Farm - Prime 37-acre agricultural land, exceptional views.
    Where is this farm located?
    The property is located at 5023 Co Rd Erie, CO.
    What is the asking price?
    The asking price for this property is $6,405,000.
    What are key features of this property?
    This property features: 36.737-acre agricultural property at the northeast corner of County Road 6 and County Road 11, Erie, CO.; AG zoning with existing IOS special use permits.; Water service from Central Weld County Water District.
    Request Owner's contact information
    5023 Co Rd Erie, CO 80516
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    Erie, CO 80516
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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
    5023 Co Rd Erie, CO 80516
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