Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land in Walsenburg, Colorado Title is generated by Realmo AI

    Spanish Peaks Village, Walsenburg, CO 81089

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    LAND - Walsenburg, CO

    Lot size:
    1.34 Acres
    Added:
    May 21, 2026
    Days on Market:
    6
    Last Refresh:
    May 26 at 9:06 pm

    Property Features for Spanish Peaks Village

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.34 Acres

    We can help!

    Listing Contact
    Arica Andreatta
    Arica Andreatta

    Listing agent Arica Andreatta License #ER.100051579

    Listing office Code of the West Real Estate, LLC La Veta, CO

    Listing date May 21, 2026

    MLS# 834976 Listing URL

    Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Location: [-104.84767,37.593903]
    • Additional Property Details
    • Description
    • Top 6 Selling Points from All Property Information
    • Property Information
    • Real Estate Listing

    Overview

    This property features 1.34 acres of commercial land located in Walsenburg, Colorado. Situated in Huerfano County, the property is located within Spanish Peaks Village.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Walsenburg
    County
    Huerfano
    State
    Colorado
    Longitude
    -104.772
    Latitude
    37.6936

    Nearby Similar for Sale

    • $149,900
      8,396 SF

      Walsenburg Commercial Building For Sale

      Commercial building with parking and potential for multiple uses.
      325 Main St, Walsenburg, CO 81089
      View Details
    • $274,900
      2,647 SF

      Iconic Commercial Building in Walsenburg

      Prime commercial property in downtown Walsenburg with high visibility.
      726 Main St, Walsenburg, CO 81089
      View Details
    • $999,999
      6,773 SF

      Walsenburg Cultivation Facility For Sale

      35-acre cultivation facility with infrastructure and transferable state cultivation license.
      2340 Bennett Rd, Walsenburg, CO 81089
      View Details
    • $280,000
      2,540 SF

      Walsenburg Commercial Property on Main

      Car wash and automotive shop with Main Street frontage.
      802 Main St, Walsenburg, CO 81089
      View Details
    • $215,000
      2,760 SF

      Established Bar in Walsenburg

      Turn-key bar opportunity in the heart of Walsenburg, Colorado.
      112 W 7th St, Walsenburg, CO 81089
      View Details
    • $175,000
      2,289 SF

      Downtown Walsenburg Commercial Opportunity

      Unique commercial property in downtown Walsenburg with potential for various uses.
      124-126 W 6th St, Walsenburg, CO 81089
      View Details
    • $699,999
      1,087 SF

      Turn-Key Commercial Property For Sale

      Fully renovated commercial building with high visibility and accessibility.
      601 HWY 85, Walsenburg, CO 81089
      View Details
    • $330,000
      1,862 SF

      Walsenburg Office Building For Sale

      Well-maintained office building with high visibility and flexible layout.
      125 E 5th St, Walsenburg, CO 81089
      View Details
    • $110,430
      2,452 SF

      Historic Commercial Building on Main

      Redevelopment opportunity in historic Walsenburg commercial property.
      618-620 Main St, Walsenburg, CO 81089
      View Details
    • $274,900
      4,284 SF

      Retail Space in Walsenburg, CO

      Retail space available for sale in Walsenburg, Colorado.
      726 Main Street, Walsenburg, CO 81089
      View Details
    • $330,000
      1,862 SF

      Walsenburg Commercial Property For Sale

      Commercial property in Walsenburg, CO, ideal for various business ventures.
      125 E 5th Street, Walsenburg, CO 81089
      View Details
    • $325,000
      3,297 SF

      Downtown Live-Work Historic Gem

      Elegant live-work space in Walsenburg's downtown business district.
      608 Main Street, Walsenburg, CO 81089
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.34 acre commercial land for sale in Walsenburg.
    Where is this commercial land located?
    The property is located at Spanish Peaks Village Walsenburg, CO.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Location: [-104.84767,37.593903]; Additional Property Details; Description
    (719) 742-3626
    We can help!
    Listing Contact
    Arica Andreatta
    Arica Andreatta
    Real Estate License ID: ER.100051579
    Learn More
    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
    Spanish Peaks Village, Walsenburg, CO 81089
    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!