200 Gcr 5142 Tabernash, CO 80478
This exceptional 5-acre development opportunity in Tabernash, Colorado, presents 23 approved lots for 3-bedroom, 2.5-bathroom townhomes. Located on GCR 5142 (James Drive), near GCR 5221 (Prairie Sage Drive), this property boasts pre-approved building plans, significantly streamlining the development process. All necessary utility connections, including water and sewer taps, and the fire department fee, are already paid. The sale includes comprehensive documentation, encompassing plans, plats, and HOA documentation. Lots 17-39 are included in this bundled offering, maximizing investment potential. The established Vistas at Pole Creek HOA offers the buyer the option to assume declarant rights. This prime location offers proximity to Winter Park Resort and Rocky Mountain National Park, enhancing the desirability and potential rental income. Comparable units sold for over $810,000 in 2023, indicating strong market value. The property is zoned for tourist use and is offered as an LLC ownership. This is a unique opportunity to capitalize on the thriving Grand County market
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.