Sign Up Successful!
You now have access to more from Realmo!
    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

    27-28-1 Frst Ave Alamosa, CO 81101

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    3.62-acre triple lot, stunning mountain views

    Property Features for 27-28-1 Frst Ave

    General Information

    Property type
    Farms
    Lot Size
    157,687 SF

    We can help!

    Listing Contact
    Xing Gao
    Xing Gao

    Listing Agency: eXp Realty Houston Listing Agent: Xing Gao

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

    Learn more

    Overview

    Own a piece of Colorado's stunning San Luis Valley with this exceptional 3.62-acre triple lot in Deer Valley Meadows, Alamosa. Priced at $21,900, this property boasts breathtaking views of Blanca Peak and is conveniently located just 10 miles from the city of Alamosa. The land is zoned residential and permits livestock, offering a unique blend of rural tranquility and accessibility. The property includes APNs 541708016027, 541708016028, and 541708016029. While a well needs to be drilled for water access (average depth 60-100 feet), electricity, telephone, internet, and cable services are readily available. Waste management services are also accessible with a setup fee and monthly charge. The Alamosa School District (RE-11J) and Adams State University are nearby. Minimum dwelling size requirements are 500 square feet for traditional homes and 600 square feet for manufactured homes. Buyers have the option of a Warranty Deed (cash buyers) or a Warranty Deed plus Deed of Trust (seller-financed buyers). Buyers are responsible for property taxes. There are no HOA fees or time limits for building. This property is perfect for building a home, parking an RV, or enjoying the abundant outdoor recreational opportunities in the area, including proximity to the San Luis State Wildlife Area and the Rio Grande River. Embrace the freedom and beauty of Colorado living!
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alamosa
    County
    Alamosa
    State
    Colorado
    Longitude
    -105.68348
    Latitude
    37.46557

    Nearby Similar for Sale

    • $695,000
      4,800 SF

      Turn-Key Commercial Property on 5.72 Acres

      Modern commercial property with office, garage, and owner financing.
      2550 S County Road 100, Alamosa, CO 81101
      View Details
    • $600,000
      14,468 SF

      Alamosa Multi-Unit Investment Opportunity

      Eight-unit apartment building with expansion potential near US HWY 285.
      8811 South Us Highway 285, Alamosa, CO 81101
      View Details
    • $1,291,337
      40.00 Acres

      Alamosa Land with Grazing Allotments

      40-acre land parcel with grazing rights near Alamosa, Colorado.
      Alamosa County Parcel, Alamosa, CO 81101
      View Details
    • $350,000
      7,300 SF

      Downtown Alamosa Warehouse with Apartment

      Historic mixed-use warehouse with apartment and parking in downtown Alamosa.
      701 San Juan Ave, Alamosa, CO 81101
      View Details
    • $150,000

      Established Restaurant Business Opportunity

      Turnkey restaurant business with diversified revenue streams for sale.
      408 4Th St, Alamosa, CO 81101
      View Details
    • Contact for pricing
      510 SF

      New 7 Brew Coffee Location

      New construction, NNN lease, high-traffic location near national retailers.
      2209 Main St, Alamosa, CO 81101
      View Details
    • $899,000

      Income-Producing Mixed-Use Property

      Two-building investment property with commercial and residential units in Alamosa.
      422 4Th St, Alamosa, CO 81101
      View Details
    • $1,335,000
      7,856 SF

      Alamosa Retail Investment Opportunity

      Single-tenant retail property with long-term lease and stable income.
      1051 West Ave, Alamosa, CO 81101
      View Details
    • $160,000

      Restaurant Property with Artesian Well

      Commercial property featuring a 960 ft. Artesian Well.
      12536 E Us Highway 160, Alamosa, CO 81101
      View Details
    • $50,000

      Established Tanning Salon Business

      Profitable tanning salon business with equipment and inventory included.
      516 La Veta Ave, Alamosa, CO 81101
      View Details
    • $795,000
      11,840 SF

      Alamosa Industrial Property - Huge Potential

      Prime Alamosa location, 11,840 sq ft, 3.62 acres.
      6512 Cramer Rd, Alamosa, CO 81101
      View Details
    • $532,500

      Alamosa Commercial Land - $532,500

      Prime Alamosa lot, 2.38 acres, multi-use zoning.
      0 Clark St, Alamosa, CO 81101
      View Details

    FAQs

    What type of property is this?
    Farm - 3.62-acre triple lot, stunning mountain views
    Where is this farm located?
    The property is located at 27-28-1 Frst Ave Alamosa, CO.
    What is the asking price?
    The asking price for this property is $21,900.
    What are key features of this property?
    This property features: 3.62-acre triple lot in Deer Valley Meadows, Alamosa, CO, priced at $21,900.; Stunning Blanca Peak views and convenient location, 10 miles from Alamosa.; Residential zoning, allowing livestock; utilities accessible (well needs to be drilled).
    (970) 420-2440 Call to check price and availability
    Request Owner's contact information
    27-28-1 Frst Ave Alamosa, CO 81101
    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.
    27-28-1 Frst Ave
    Alamosa, CO 81101
    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
    27-28-1 Frst Ave Alamosa, CO 81101
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Xing Gao
    Xing Gao
    Real Estate License ID: 822975
    (970) 420-2440
    Learn more
    Google sign-in failed. Please try again or use another login method.