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    Hwy 34 Kersey, CO 80644

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    Hwy 34 Kersey, CO 80644

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    • Land
    • 56.84 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Hwy 34

    Lot size
    56.84 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 56.84-acre agricultural property presents a unique investment opportunity in Kersey, Colorado. Strategically located with direct frontage on Highway 34, this land offers unparalleled accessibility and visibility. The property is annexed into the Town of Kersey, providing potential advantages for future development or expansion. A significant feature is the presence of an up rail line bordering the southern boundary, adding further utility and potential for various commercial or industrial uses. The expansive acreage is ideal for a variety of agricultural pursuits, from traditional farming and ranching to potentially more specialized operations. Given its location and access to major transportation routes, this property offers significant potential for growth and return on investment. The asking price reflects the land's prime location, size, and unique features. Detailed surveys and environmental reports are available upon request. This is a rare opportunity to acquire a substantial parcel of land with excellent highway frontage and rail access in a growing Colorado community. Serious inquiries only. The property is zoned for agricultural use. Further information regarding zoning regulations and potential development opportunities can be obtained from the Weld County planning department.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kersey
    County
    Weld
    State
    Colorado
    Longitude
    -104.496
    Latitude
    40.344

    Comparable in this City

    • Value Estimation by Request
      3.73 Acres

      000 Klein Cir

      Land • 3.73 Acres
      000 Klein Cir, Kersey, CO 80644
      View Details
    • Value Estimation by Request
      56.84 Acres

      34 Commercial Lots Hwy

      Land • 56.84 Acres
      34 Commercial Lots Hwy, Kersey, CO 80644
      View Details
    • Value Estimation by Request
      74.07 Acres

      Address Not Disclosed

      Land • 74.07 Acres
      0 Address Not Disclosed, Kersey, CO 80644
      View Details
    • Value Estimation by Request
      62.00 Acres

      Us-34

      Land • 62.00 Acres
      0 Us-34, Kersey, CO 80644
      View Details
    • Value Estimation by Request
      1.22 Acres

      Kersey, CO 80644

      COMMERCIAL (GENERAL) • 1.22 Acres
      Kersey, CO 80644
      View Details
    • Value Estimation
      $545,000
      6,000 SF

      429 1st St

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      429 1st St, Kersey, CO 80644-5053
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Land in Kersey

      Commercial property annexed into Kersey with highway and rail access.
      Commercial Lots Hwy 34, Kersey, CO 80644
      View Details
    • Contact for pricing

      Commercial Land on Hwy 34

      Commercial property annexed into Kersey with frontage on Hwy 34.
      Us Highway 34 east, Kersey, CO 80644
      View Details
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    Hwy 34
    Kersey, CO 80644
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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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