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    1650 Upper Apex Rd Central City, CO 80422

    • Land
    • 41.42 lot acres
    For Sale
    View listing
    $1,200,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1650 Upper Apex Rd

    Lot size
    41.42 lot acres
    Property type
    Land

    Description

    This exceptional 41.42-acre commercial land parcel in Black Hawk, Colorado, presents a rare front-range mountain development opportunity. Located at 1650 Upper Apex Rd, Gilpin County, zip code 80422 (39.808507, -105.5307173), this property boasts a prime location with convenient access to major highways (I-70, US 6, and Hwy 72), ensuring year-round accessibility. The site offers pristine views of the Continental Divide and is zoned Resource Residential. Utilities are readily available, with electricity already connected to the property, and water and other infrastructure situated along Upper Apex Road. The relatively flat topography for a mountain property eliminates development constraints. This presents multiple development paths, either through Gilpin County or Central City, capitalizing on intense housing demand. The property's proximity to amenities is a key advantage: a 20-minute walk to downtown Central City, with its casinos, shops, and restaurants

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Central City
    County
    Gilpin
    State
    Colorado
    Longitude
    -105.531
    Latitude
    39.8085

    Comparable in this City

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    1650 Upper Apex Rd
    Central City, CO 80422
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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
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