763 Tbd County Rd Parlin, CO 81230
This exceptional 1,768-acre ranch in Gunnison County, Colorado, presents a unique investment opportunity. Located 26 miles east of Gunnison, the property boasts diverse terrain, ranging from alpine forests and high mountain meadows to sagebrush steppes. The land supports traditional ranching operations, with adjudicated water rights from Hot Springs Creek irrigating productive meadows. Excellent elk and deer hunting is available, with landowner preference points for mule deer and elk. The ranch offers significant development potential, with options including parceling into smaller lots (down to 35 acres) for homesites with stunning mountain views. Existing roads and nearby power provide convenient access. Opportunities exist for conservation easements, generating potential cash benefits. Further development options include co-ownership or a traditional real estate development. Proximity to Wanita Hot Springs, offering geothermal hot springs, horseback riding, and other recreational activities, enhances the property's appeal. The Monarch Ski Area is nearby for winter recreation, and the ranch provides exceptional access to ATV and four-wheeling trails. This rare property is ideal for a buy-and-hold investment or a lucrative development project. The asking price is $7,870,000. The address is TBD County Road 763, Gunnison, CO 81230.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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