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Clear Creek 80438
275 JUNCTION LOOP Road
$1,390,000
● Commercial - Off Market

275 JUNCTION LOOP Road

Empire, CO 80438
bedrooms
Studio
bathrooms
0 Bath
$7,106
Est. Monthly

About This Property

Nestled in the picturesque town of Empire, Colorado, Empire Junction is a well maintained all-age manufactured housing community with 13 homesites spread across 2 acres. Located at 275 Junction Loop Road, the property offers residents a perfect blend of comfort and natural beauty, with easy access to outdoor activities such as hiking, skiing, and fishing. Empire Junction is strategically situated near the bustling 1-70 tourism corridor, connecting residents to Idaho Springs, Georgetown, Loveland Ski Area, Berthod Pass, and Winter Park. This prime location provides ample employment and recreation opportunities, making it a haven for those seeking a connected and picturesque mountain lifestyle in the heart of the Colorado Rockies.
Unit Size
-
Days on Market
-
Land Size
2.00 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$280
HOA Dues
-
Year Built
1977

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (AGSMLS #184075)

Price History

Date / Event Date Event Price
Jun 10, 2024 Listed by Portfolio Aspen Properties $1,390,000
Listed by Portfolio Aspen Properties

Property Highlights

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 4
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 924
  • Lot Size Depth Feet: 660
  • Lot Size Frontage Feet: 140
  • Total Building Area: 924
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 924
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMPIRE
  • Land Acres: 0000000024
  • Standard Land Use Code: 1006
  • County Land Use Code: 9290
  • Mobile Home Indicator: T
  • Legal Description 1: MBL HOME TITLE: 010029606 SERIAL: 77A6467 YEAR: 1977 MAKE: BV SIZE: 14 X 66 SUBDIVISION: EMPIRE JCT MOBILE HOME PARK SP 1 MOBILE ONLY PREVIOUS TITLE #005706335 KW

Neighborhood

  • School District Name: Clear Creek School District RE-1
  • Census Tract: 014900

Zoning

  • Zoning: C-1

Geography

  • Account Number: M007060
  • Parcel: M007060
  • Municipality: COUNTY RE-1
  • Latitude: 39.7581
  • Longitude: -105.661

    Address

  • Full Address: 275 Junction Loop Rd
  • Address - House Number: 275
  • Address - Street Name: Junction Loop
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Empire
  • Carrier Code: R777
  • 4-Digit Zip Code: 5069
  • Zip Code: 80438

Valuation

    Tax

  • Total Area: 924
  • Tax Year: 2023
  • Tax Amount: $0
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.4153
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 16
  • Final Value: 90,065
  • High Value: 127,473
  • Low Value: 52,656

    Market Valuation

  • Market Total Value: $10,830
  • Market Improvement Value: $10,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $730
  • Assessed Improvements Value: $730
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Clear Creek

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$363

Below Asking

0.03%

Average Days on Market

69

Average Home Size

2297 ft²

Average Home Age

51.4 years

Currently For Sale

171 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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View Original Listing by Portfolio Aspen Properties (970) 925-8400
SMLS-184075 Copyright © 2024 Aspen/Glenwood Springs MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Listing Status: Active

Frequently Asked Questions

When was property at 275 Junction Loop Road built and last sold?
The property at 275 Junction Loop Road was built in 1977 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 275 Junction Loop Road is $0.
What are some comparable homes to 275 Junction Loop Road?
There are currently no comparable homes to 275 Junction Loop Road.
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