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Property profile & analytics
OFF-MARKET
Land

400 3 St Hayden, CO 81639

51 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 51-acre parcel in Hayden, Colorado, presents a unique opportunity for residential development. Located at 400 S 3rd St, 81639, this property boasts significant advantages, including pre-existing entitlements, making the planning process significantly smoother. The land, platted over a century ago, includes substantial water rights (3.00 C.F.S.), a crucial asset for negotiating future tap fees and ensuring a sustainable community. Its prime location is highlighted by its designation as the #1 priority for residential growth in the Hayden Master Plan, placing it within walking distance of town amenities and directly across from the new Pre K-12 Hayden School. Ingress and egress are readily accessible, minimizing development challenges. A local consulting firm has even deemed this parcel "The Crown Jewel of Hayden." The asking price of $10,122,000 represents a significant value, especially considering a recent comparable sale of a less advantageous parcel at a much higher price per acre. The property's versatility allows for diverse development options, including single-family homes, duplexes, triplexes, and live-work units. Its proximity to the Yampa Valley Regional Airport (3 miles) and Steamboat Springs (25 miles) further enhances its appeal. This is a rare chance to create a thriving community in a rapidly growing area. The land's value is $199 per acre.

Property profile
Verified
Property type Land
Lot 51 ac (2,221,560 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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