Property profile

200 Gcr 5142 Tabernash, CO 80478

OFF-MARKET
Land
5 ac lot
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Property summary

AI-generated overview

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

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

200 Gcr 5142 Tabernash, CO 80478
Tabernash metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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