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Property profile & analytics
OFF-MARKET
Land

2095 Co Rd New Castle, CO 81647

62.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 62-acre property in New Castle, Colorado, presents a unique investment opportunity. Located less than two miles from downtown New Castle, this land boasts stunning views and is bordered by Main Elk Creek and East Elk Creek. The property is zoned for agricultural use and includes two existing homes currently generating rental income. A well is already in place, with additional water rights negotiable. Enjoy the peace and quiet of a rural setting while remaining conveniently close to amenities. A grocery store is nearby, Glenwood Springs is a short 20-minute drive, and Rifle Airport is accessible within 30 minutes. Outdoor enthusiasts will appreciate the proximity to the Flattop Mountains, easily accessible via Elk Creek, and the short driving distance to Harvey Gap and Rifle Gap State Parks for boating. The asking price for this irreplaceable property is $4,996,000. This expansive parcel offers significant development potential, combining the tranquility of nature with the convenience of nearby urban centers. The property's location, existing infrastructure, and abundant natural resources make it an ideal investment for those seeking a blend of rural charm and urban accessibility.

Property profile
Verified
Property type Land
Lot 62.4 ac (2,718,144 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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