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    634 Co Rd Grant, CO 80448

    • Land
    • 161.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 634 Co Rd

    Lot size
    161.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 161-acre Colorado mountain property offers unparalleled recreational opportunities and development potential. Boasting .65 miles of Geneva Creek frontage, the land is bordered on three sides by National Forest, ensuring privacy and abundant access to outdoor activities. Two recently renovated cabins blend modern amenities with rustic charm, providing immediate enjoyment. Multiple additional building sites allow for expansion and customization to create a private retreat, commercial venture, or both. Conveniently located near Grant, with easy access from Highway 285, the property is just 15 minutes from Bailey, 30 minutes from South Park, 45 minutes from Georgetown, and an hour from Denver. The area is renowned for fishing, hunting, hiking, mountain biking, and horseback riding, offering year-round enjoyment. This unique property presents a rare opportunity to own a significant piece of Colorado's stunning mountain landscape. The asking price is $1,800,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grant
    County
    Park
    State
    Colorado
    Longitude
    -105.673
    Latitude
    39.466

    Comparable in this City

    • Value Estimation
      $255,000
      504 SF

      51934 Us Hwy 285

      PROFESSIONAL CLUBS/ASSOCIATIONS • 504 SF
      51934 Us Hwy 285, Grant, CO 80448
      View Details
    • Value Estimation
      $245,000
      703 SF

      49352 Us Hwy 285

      RETAIL STORES (PERSONAL SERVICES) • 703 SF
      49352 Us Hwy 285, Grant, CO 80448-5022
      View Details
    • Value Estimation
      $250,000
      1,634 SF

      49578 Us Hwy 285

      MOTEL • 1,634 SF
      49578 Us Hwy 285, Grant, CO 80448
      View Details
    • Value Estimation
      $560,000
      2,390 SF

      50455 Us Hwy 285

      RESTAURANT • 2,390 SF
      50455 Us Hwy 285, Grant, CO 80448-9600
      View Details
    • Value Estimation
      $360,000
      5,073 SF

      3715 County Rd 62

      PROFESSIONAL CLUBS/ASSOCIATIONS • 5,073 SF
      3715 County Rd 62, Grant, CO 80448-5012
      View Details
    • Value Estimation
      $270,000
      384 SF

      49397 Us Hwy 285

      RETAIL STORES (PERSONAL SERVICES) • 384 SF
      49397 Us Hwy 285, Grant, CO 80448-5022
      View Details

    Similar Nearby for Sale

    • $949,000
      4,644 SF

      Grant, CO Mixed-Use Commercial

      Riverfront Retail & Duplex Investment
      49348 Us Highway 285, Grant, CO 80448
      View Details
    • $429,000
      2,712 SF

      Grant, CO Retail Space - Hwy 285

      Rustic Charm, Hwy 285 Retail Opportunity
      49542 Us Highway 285, Grant, CO 80448
      View Details
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    634 Co Rd
    Grant, CO 80448
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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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