8
Map
35 1st Ave
About This Property
Del Norte is the county seat of Rio Grande County, located at roughly 7,880 feet where the Rio Grande leaves the San Juan Mountains and enters the valley. Everyday needs are available in town, with additional shopping and services in Monte Vista (about 14 miles east) and Alamosa (about 31 miles east). The area offers year-round recreation: trout fishing on the Rio Grande, climbing and mountain biking at Penitente Canyon about 10 miles north, hunting and hiking in the surrounding Rio Grande National Forest, and skiing at Wolf Creek Ski Area about 45 miles west via South Fork.
Whether you're looking for a homesite, a base for a mountain getaway near the river, or a lot to hold, this parcel offers a practical entry point into Del Norte. Buyers should verify zoning, permitted uses, and utility availability with the Town of Del Norte and Rio Grande County.
The boundary lines shown in any photographs, aerial images, or maps associated with this listing are approximate and are intended for general reference purposes only. The information provided is believed to be reliable but is not guaranteed. Great Plains Land Company assumes no liability for errors or omissions. Buyers are encouraged to conduct their own due diligence.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2026 | Price Decreased |
$22,000
↓ $3K
(12%) | |
| Price Decreased | |||
| Oct 1, 2026 | Listed | $25,000 | |
| Listed | |||
| Sep 28, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017