1 Rito Hondo Rd Cañon, CO 81120
Own this exceptional 35.5-acre residential lot in the Rito Hondo development near Antonito, Colorado. Priced at $400,000 ($11,267.61/acre), this property boasts panoramic views and borders National Forest on two sides. The lot features a mix of flat, open areas near the road transitioning to a heavily wooded area with Ponderosa Pine, Aspen, and Juniper trees in the back. Electricity is available at the lot line. The seller will contribute $6,000 towards the well and septic system installation ($3,000 each). A nearby well (Lot 2) has a depth of 400 feet and a yield of 20 gallons per minute (Well Permit # 318075). This information is for reference only
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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