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    64407 Hwy Bailey, CO 80421
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    64407 Hwy, Bailey, CO 80421

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    • Land
    • 4,000 SF
    • 165.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 64407 Hwy

    Lot size
    165.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    Horseshoe Creek Ranch, a stunning 165-acre property near Bailey, CO, offers a unique blend of history and modern amenities. This expansive ranch boasts a meticulously restored 7,600 sq ft barn (built 1865), a 4,000 sq ft, 4-bedroom home, and additional buildings including a manager's house and guest cottage. The property features 74.2 water rights shares, three water wells, and over half a mile of Deer Creek frontage. Abundant wildlife, including elk and deer, thrives on the land, which is situated in Game Management Unit 46. The ranch includes a paved driveway, extensive gravel roads, and is fully fenced. A Conditional Use Permit allows for potential development. Conveniently located an hour from Denver, this property offers unparalleled mountain views, expansive meadows, and a rich history as a working ranch and stagecoach stop. Utilities include electricity and private septic systems. One easement crosses the eastern edge. Mineral rights are conveyed to the buyer, though the seller is unaware of any owned mineral rights.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bailey
    County
    Park
    State
    Colorado
    Longitude
    -105.447
    Latitude
    39.4435

    Comparable in this City

    • Value Estimation by Request
      34.12 Acres

      815 Burland Dr

      Land
      815 Burland Dr, Bailey, CO 80421
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    • Value Estimation
      $565,000
      4,200 SF

      63716 Us Hwy 285

      MINI-WAREHOUSE, STORAGE
      63716 Us Hwy 285, Bailey, CO 80421
      View Details
    • Value Estimation by Request
      2,200 SF

      1 Main St

      MINI-WAREHOUSE, STORAGE
      1 Main St, Bailey, CO 80421
      View Details
    • Value Estimation by Request
      4,910 SF

      1669 County Rd 72

      MINI-WAREHOUSE, STORAGE
      1669 County Rd 72, Bailey, CO 80421-2024
      View Details
    • Value Estimation
      $505,000
      5,760 SF

      34465 Hwy 285

      MANUFACTURING (LIGHT)
      34465 Hwy 285, Bailey, CO 80421
      View Details
    • Value Estimation by Request
      1,111 SF

      4844 County Rd 43

      MINI-WAREHOUSE, STORAGE
      4844 County Rd 43, Bailey, CO 80421-1134
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Buildable Land Near Highway 285

      2.26 acres of buildable land in Bailey, Colorado.
      260 Bailey Dr, Bailey, CO 80421
      View Details
    • $425,000

      Bailey Estates Buildable Lot

      35-acre lot in exclusive community with Pike National Forest access.
      12A Bailey Dr, Bailey, CO 80421
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    • $100,000

      Bailey Land with Mountain Views

      2.241 acre parcel near Harris Park Lake #2.
      147 Ward St, Bailey, CO 80421
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    • Contact for pricing

      Land in Harris Park Estates

      0.21-acre lot with access to private fishing lakes.
      103 Gross Rd, Bailey, CO 80421
      View Details
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    Bailey, CO 80421
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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