Current Use by Public Records
- Commercial real estate
Property Details for 4023 Teller 1 Rd
- Year built
- 1970
- Lot size
- 21.56 lot acres
- Property type
- Commercial real estate
Description
Lost Burro Campground & Lodging presents a remarkable investment opportunity in Divide, Colorado. This established business sits on 21.56 acres, conveniently located just four miles northwest of Cripple Creek and an hour from Colorado Springs. The property encompasses three parcels and boasts 75 campsites, catering to a variety of recreational vehicles, including large RVs. Forty-five campsites offer 30-amp service, and many feature pull-through access for ease of use. Six campsites provide full hookups, complemented by two fully serviced RV trailers included in the sale. A Conex container offers valuable on-site storage. The campground provides essential amenities such as Wi-Fi, pet-friendly accommodations, and a convenient dump station. On-site facilities include a camp office, a playground, and four restrooms equipped with showers. The property's natural surroundings offer abundant recreational opportunities, including hiking, biking, fishing, and wildlife viewing. Nearby attractions such as Red Mountain, Rhyolite Mountain, Mueller State Park, Ormes Peak, and Cripple Creek enhance the appeal of this location. Beyond the campsites, the property includes a substantial 1600-square-foot shop/garage, ten additional RV campers, a cabin with a loft bedroom, and a smaller maintenance shop. The campground benefits from an established customer base and presents significant potential for growth and expansion. This turnkey operation offers a unique blend of natural beauty, recreational opportunities, and established business infrastructure. The asking price is $1,850,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Divide
- County
- Teller
- State
- Colorado
- Longitude
- -105.186
- Latitude
- 38.765
