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Property profile & analytics
OFF-MARKET
Land

3961 Co Rd Glenwood Springs, CO 81601

182 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 182-acre property, known as the Plus Lazy K Ranch, presents a unique investment opportunity in Garfield County, Colorado. Located just 7 miles from Glenwood Springs and 6 miles from Carbondale, this expansive ranch boasts approximately 140 acres of heavily irrigated pastures and 15 acres of dry-land pastures, ideal for a variety of agricultural uses. A natural spring feeds multiple ponds throughout the property, providing reliable year-round irrigation and creating a thriving habitat for wildlife. The ranch offers stunning, unobstructed views of Mount Sopris and the Roaring Fork River Valley. A significant advantage is the existing 7.4-acre building envelope, conveniently located with easy access to local utilities, and offering potential for immediate income generation. Existing improvements include a primary residence suitable for renovation, along with several shops and outbuildings. The property's commercial component allows for diverse uses, further enhancing its investment appeal. Senior water rights ensure a consistent water supply. This remarkable property is situated within a short drive of Aspen, offering unparalleled access to recreational activities and a vibrant mountain lifestyle. The asking price for this exceptional Colorado ranch is $5,900,000.

Property profile
Verified
Property type Land
Lot 182 ac (7,927,920 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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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