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    Mtn Vw Blvd Cor Echo Rd Alamosa, CO 81101

    • Land
    • 5.26 lot acres
    For Sale
    View listing
    $29,900
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Mtn Vw Blvd Cor Echo Rd

    Lot size
    5.26 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 5.26-acre property presents a rare opportunity to own a piece of Colorado's natural beauty. Situated on a quadruple corner lot in Alamosa County, near Mountain View Blvd and Echo Rd, this land offers breathtaking views of Blanca Peak. Located just 10 miles from Alamosa, it provides a perfect blend of rural tranquility and convenient city access. The property is zoned residential and allows for livestock, making it ideal for a variety of uses, from building a dream home to utilizing it as an RV site. No HOA restrictions exist. Utilities are accessible, though well drilling (60-100 feet) is typically required for water access. Electricity is available via Xcel Energy, internet and cable through Jade Communications, and trash service is provided by Waste Management. The area boasts abundant outdoor recreation opportunities, with proximity to the San Luis State Wildlife Area, ideal for fishing and hiking. The Alamosa School District (RE-11J) and Adams State University are also nearby. The APN is 541708011006 / 541708011007 / 541708011008 / 541708011009. The asking price is $29,900, equating to approximately $5,684 per acre. Minimum dwelling size requirements per Alamosa County Land Use Code apply. Cash buyers receive a Warranty Deed; seller-financed buyers receive a Warranty Deed and Deed of Trust. Buyers are responsible for property taxes.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alamosa
    County
    Alamosa
    State
    Colorado
    Longitude
    -105.689
    Latitude
    37.4672

    Comparable in this City

    • Value Estimation by Request
      2.06 Acres

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    • Value Estimation by Request
      2.14 Acres

      24-25 Oak Ln

      Farms • 2.14 Acres
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      4.13 Acres

      42-45 Forest Dr

      Farms • 4.13 Acres
      42-45 Forest Dr, Alamosa, CO 81101
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      1.05 Acres

      8 Clearwater Blvd

      Farms • 1.05 Acres
      8 Clearwater Blvd, Alamosa, CO 81101
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    • Value Estimation by Request
      3.62 Acres

      27-28-1 Frst Ave

      Farms • 3.62 Acres
      27-28-1 Frst Ave, Alamosa, CO 81101
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    • Value Estimation by Request
      160.00 Acres

      05066 Rd 112

      Land • 160.00 Acres
      05066 Rd 112, Alamosa, CO 81101
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.14 Acres

      Alamosa Ranch Land - $12,900

      2.14-acre double lot, stunning mountain views.
      24-25 Oak Ln, Alamosa, CO 81101
      View Details
    • Contact for pricing
      5.26 Acres

      Alamosa Ranch Land - $29,900

      5.26-acre Colorado ranch, stunning views.
      0 Mtn Vw Blvd Cor Echo Rd, Alamosa, CO 81101
      View Details
    • Contact for pricing
      2.06 Acres

      Alamosa Ranch Land - $11,900

      2.06-acre double lot, mountain views
      18-17 Valley Vista Blvd, Alamosa, CO 81101
      View Details
    • Contact for pricing
      4.13 Acres

      Alamosa Ranch Land - 4.13 Acres

      4.13-acre Colorado ranch, stunning views.
      42-45 Forest Dr, Alamosa, CO 81101
      View Details
    • Contact for pricing
      3.62 Acres

      Alamosa Ranch Land - $21,900

      3.62-acre triple lot, stunning mountain views
      27-28-1 Frst Ave, Alamosa, CO 81101
      View Details
    • Contact for pricing

      Land Near Alamosa, Colorado

      35+ acres of land near Alamosa with mountain views.
      38 County Road 8 S, Alamosa, CO 81101
      View Details
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    Alamosa, CO 81101
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    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
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