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    35900 Harbour Rd Avondale, CO 81022
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    Property profile & analytics

    35900 Harbour Rd, Avondale, CO 81022

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    • Commercial real estate
    • 60.00 lot acres
    Off-Market
    Property ID
    US13-1105254
    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

    • Commercial real estate

    Property Details for 35900 Harbour Rd

    Lot size
    60.00 lot acres
    Property type
    Commercial real estate
    APN
    2300000046

    Description

    This exceptional 60-acre ranch property, located at 35900 Harbour Rd, Avondale, CO 81022 (APN 2300000046), presents a unique opportunity. Zoned A-1, the land offers ample space for various uses. Priced at $249,900, this represents a land value of $281 per square foot. The property boasts a main residence featuring Jack and Jill bedrooms and a bathroom. Exterior improvements include a fresh coat of paint, covered front and rear decks, and convenient dual access points – one from Harbour Rd and another from Bush Rd. Ideal for equestrian enthusiasts, the property includes a corral. Additional features enhance its practicality and appeal, including a chicken coop, dog houses, and a dog pen. Enjoy breathtaking mountain views from this expansive property situated in Pueblo County. This is a rare chance to own a substantial piece of Colorado land with existing structures, offering both privacy and potential. The property is ready for its next chapter, whether for personal enjoyment or future development.

    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
    Avondale
    County
    Pueblo
    State
    Colorado
    Longitude
    -104.4648984
    Latitude
    38.1255691

    Comparable in this City

    • $308,595
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      Avondale, CO Farmland Opportunity

      205.3 acres of farmland in Avondale, Colorado.
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    • $59,000
      40.45 Acres

      Avondale Acreage with Sweeping Views

      40.45 acre parcel in Avondale, Colorado with rural zoning.
      3 Bush Rd, Avondale, CO 81022
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    • $59,000
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      Avondale Acreage with Sweeping Views

      40.46 acre parcel for rural Colorado living.
      7 Bush Rd, Avondale, CO 81022
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    • $59,000
      40.45 Acres

      Avondale Acreage with Sweeping Views

      40.45 acre parcel for rural Colorado living.
      3 Bush Rd, Avondale, CO 81022
      View Details
    • $133,375
      48.50 Acres

      48.5 Acres with Water Tap

      Fenced land parcel with active water tap near Avondale.
      3540 40Th Ln, Avondale, CO 81022
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    • $121,825
      44.30 Acres

      Avondale Land with Water Tap

      44.5 acres with water tap, ideal building site.
      3471 40Th Ln, Avondale, CO 81022
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    Similar Nearby for Sale

    • $308,595
      205.30 Acres

      Avondale, CO Farmland Opportunity

      205.3 acres of farmland in Avondale, Colorado.
      Avondale, CO 81022
      View Details
    • $59,000
      40.45 Acres

      Avondale Acreage with Sweeping Views

      40.45 acre parcel in Avondale, Colorado with rural zoning.
      3 Bush Rd, Avondale, CO 81022
      View Details
    • $59,000
      40.46 Acres

      Avondale Acreage with Sweeping Views

      40.46 acre parcel for rural Colorado living.
      7 Bush Rd, Avondale, CO 81022
      View Details
    • $59,000
      40.45 Acres

      Avondale Acreage with Sweeping Views

      40.45 acre parcel for rural Colorado living.
      3 Bush Rd, Avondale, CO 81022
      View Details
    • Contact for pricing

      Land Available in Avondale, CO

      Land for sale in Pueblo County, Colorado.
      49000 E State Highway 96, Avondale, CO 81022
      View Details
    • $36,000
      40.00 Acres

      Avondale Land with Expansive Views

      40 acres of land in Pueblo County, Colorado.
      No Site Address, Avondale, CO 81022
      View Details
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    Avondale, CO 81022
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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.

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