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    1520 Antelope Ave Pagosa Springs, CO 81147

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    1520 Antelope Ave Pagosa Springs, CO 81147

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    • Residential land & home lots
    • 1,370 SF
    For Sale
    $200,000
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    Pagosa Springs Mountain View Lot For Sale
    $200,000
    1.37 Acres

    Pagosa Springs Mountain View Lot

    1.37-acre residential lot with mountain views and HOA access.

    1520 Antelope Avenue, Pagosa Springs, CO 81147
    View Listing
    Property ID
    US13-1934672
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential land & home lots

    Property Details for 1520 Antelope Ave

    Property size
    1,370 SF
    Property type
    Residential land & home lots

    Description

    This 1.37 acre residential parcel is located in The Ranch Community. It offers a great location to build your home and take advantage of the eastern San Juan Mountain views, plus it's backed by mature ponderosa pine trees. The front of the property faces south and overlooks the 160 acre open-space that includes over 3 miles of trails for the exclusive use of property owners in this HOA. Utilities are all nearby. It's also conveniently located near the grocery store, shops, restaurants, Lake Pagosa, golf course, and recreation center. If mountain views, a convenient location, and a level buildable lot are what you are looking for, you should drive by and check this one out.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pagosa Springs
    County
    Archuleta
    State
    Colorado
    Longitude
    -107.0874834
    Latitude
    37.2760392

    Comparable in this City

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      Pagosa Springs Residential Land

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      Residential Land in Pagosa Springs

      Two lots totaling 3.43 acres in Pagosa Springs, Colorado.
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    • $39,500
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      Pagosa Springs Residential Land Parcel

      Quarter-acre parcel with utilities, convenient location, and recreational access.
      49 Paradise Dr, Pagosa Springs, CO 81147
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      Chromo Land with Hot Springs

      3.20-acre lot with hot springs near Pagosa Springs, CO.
      311 E Arbol Park Dr, Pagosa Springs, CO 81147
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    • $189,000
      1.47 Acres

      Residential Lot with Mountain Views

      1.47-acre lot in desirable Ranch Community, Pagosa Springs.
      1338 Antelope Ave, Pagosa Springs, CO 81147
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.14 Acres

      Residential Land in Pagosa Springs

      Ready-to-build lot near amenities in Pagosa Springs, Colorado.
      37 Arroyo Ct, Pagosa Springs, CO 81147
      View Details
    • $55,000
      0.30 Acres

      Pagosa Springs Residential Land

      0.30-acre residential lot with greenbelt access and mountain views.
      1305 Trails Blvd, Pagosa Springs, CO 81147
      View Details
    • $87,500
      3.43 Acres

      Residential Land in Pagosa Springs

      Two lots totaling 3.43 acres in Pagosa Springs, Colorado.
      3924 County Road 700, Pagosa Springs, CO 81147
      View Details
    • $39,500
      0.23 Acres

      Pagosa Springs Residential Land Parcel

      Quarter-acre parcel with utilities, convenient location, and recreational access.
      49 Paradise Dr, Pagosa Springs, CO 81147
      View Details
    • $98,499
      3.20 Acres

      Chromo Land with Hot Springs

      3.20-acre lot with hot springs near Pagosa Springs, CO.
      311 E Arbol Park Dr, Pagosa Springs, CO 81147
      View Details
    • $189,000
      1.47 Acres

      Residential Lot with Mountain Views

      1.47-acre lot in desirable Ranch Community, Pagosa Springs.
      1338 Antelope Ave, Pagosa Springs, CO 81147
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Rent

      Retail spaces available, ranging from 1,930 to 15,554 SqFt.
      165 Country Center Dr, Pagosa Springs, CO 81147
      View Details
    • Contact for pricing
      1,930 SF

      Pagosa Springs Retail Space Available

      Retail and restaurant spaces available in Pagosa Springs shopping center.
      105 Country Center Dr, Pagosa Springs, CO 81147
      View Details
    • $4 SF/Yr

      Fort Worth Area Food Warehouse

      Food warehouse with highway frontage and central location.
      3456 County Road 600, Pagosa Springs, CO 81147
      View Details
    View Listing
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    Pagosa Springs, CO 81147
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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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