Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7100 Unit Parcel 1 Bayfield, CO 81122
    Property profile & analytics

    7100 Unit Parcel 1, Bayfield, CO 81122

    View on Map
    • Mixed-use properties
    • 6,485 SF
    • 2.25 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 7100 Unit Parcel 1

    Year built
    2021
    Lot size
    2.25 lot acres
    Property type
    Mixed-use properties

    Description

    This exceptional 2.25-acre property in Bayfield, CO, presents a unique investment opportunity. The land boasts stunning views overlooking the Pine River Valley and offers convenient access from County Road 501. Four newly finished 800 sq ft cabins, each featuring a full bathroom, bedroom, and loft space, are ready for immediate short-term or long-term rental income (potential $1200+/month long-term, $200+/night short-term). These cabins, completed in 2021, share a new septic system and central water supply, and include new kitchens, bathrooms, appliances, flooring, fixtures, heating, and paint. An unfinished 3285 sq ft log home, also built in 2002 with hand-peeled logs, is ready for completion. Plans include 3 bedrooms, 3 bathrooms, granite/quartz countertops, hickory cabinets, radiant floor heat, and a fireplace or woodstove. The master suite features a double-headed walk-in shower, double vanity, and large walk-in closet. The property also includes a large loafing shed with a small corral. All improvements are permitted through La Plata County. There is no HOA or covenants. Natural gas is available, and the property currently utilizes propane. The proximity to Vallecito Reservoir, Weminuche Wilderness, Bayfield, and Durango (30 minutes) provides easy access to recreation and amenities. The property's versatility allows for various uses, including a private residence, wedding venue, or resort. The price is negotiable if the buyer wishes to purchase the log home in its current unfinished state. The total square footage of all buildings is 6,485 sq ft.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bayfield
    County
    La Plata
    State
    Colorado
    Longitude
    -107.622
    Latitude
    37.2228

    Comparable in this City

    • Value Estimation by Request
      10,058 SF

      7100 Crk 501

      Mixed-use properties
      7100 Crk 501, Bayfield, CO 81122
      View Details
    • Value Estimation by Request
      1,860 SF

      18071 Crk 501

      Mixed-use properties
      18071 Crk 501, Bayfield, CO 81122
      View Details
    • Value Estimation by Request
      9,433 SF

      543 Sower Dr

      Mixed-use properties
      543 Sower Dr, Bayfield, CO 81122
      View Details
    • Value Estimation by Request
      7,798 SF

      17460 Co Rd

      Wedding venues
      17460 Co Rd, Bayfield, CO 81122
      View Details
    • Value Estimation by Request
      0.09 Acres

      Bayfield, CO 81122

      VACANT COMMERCIAL LAND
      Bayfield, CO 81122
      View Details
    • Value Estimation by Request
      1.01 Acres

      39890 Us Hwy 160

      VACANT COMMERCIAL LAND
      39890 Us Hwy 160, Bayfield, CO 81122-8745
      View Details

    Similar Nearby for Sale

    • $1,615,000
      9,433 SF

      433.5 sq. ft. multi use commercial building with 6

      400 sq ft shop \/ insulated heated warehouse space
      543 Sower Dr, Bayfield, CO 81122
      View Details
    • $185,000
      3.10 Acres

      Land in Bayfield, Colorado

      3.1 acres of land for sale in Bayfield, CO.
      841 Beaver Creek Dr, Bayfield, CO 81122
      View Details
    • $65,000
      1.00 Acre

      Land For Sale, Bayfield, CO

      One acre of commercial land available in Bayfield, Colorado.
      259 Hillside Cir, Bayfield, CO 81122
      View Details
    • $119,900
      Pending

      Land in Vallecito Lake/Bayfield, CO

      Land for sale in Vallecito Lake/Bayfield, Colorado.
      Trust Dr, Bayfield, CO 81122
      View Details
    • Contact for pricing

      Tractor Supply Company Investment Property

      NN leased Tractor Supply Company in Bayfield, Colorado for sale.
      385 Bayfield Center Dr, Bayfield, CO 81122
      View Details
    • $129,900
      1.03 Acres

      Land Near Vallecito Lake

      A 1.03-acre land parcel in Vallecito Lake/Bayfield, Colorado.
      667 Tucker Ln, Bayfield, CO 81122
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7100 Unit Parcel 1
    Bayfield, CO 81122
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7100 Unit Parcel 1, Bayfield, CO, 81122
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!