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El Paso
37855 Shear Rd
$65,000
● Land - For Sale

37855 Shear Rd

Yoder, CO 80864
bedrooms
Studio
bathrooms
0 Bath
$389
Est. Monthly

About This Property

Discover the perfect blend of natural beauty, privacy, and opportunity with this expansive 40-acre parcel located just a short drive from Colorado Springs. Surrounded by open skies and panoramic views, this property offers a rare chance to own a piece of Colorado's stunning landscape.

Home to abundant wildlife including Pronghorn, Mule Deer, Coyote, Fox, and various small game, the land presents excellent recreational and hunting potential. Whether you're seeking a private retreat, a hunting getaway, or a future homesite, this property offers multiple ideal building locations to suit your vision.

With convenient access to city amenities and the tranquility of rural living, this is your opportunity to create something truly special. Make it your own.
Unit Size
-
Days on Market
-
Land Size
40.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$69
HOA Dues
-
Year Built
-

Listed By

David Kirilchuk
Accession Real Estate

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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: 2 years ago (REcolorado MLS #9632729)

Price History

Date / Event Date Event Price
Jun 23, 2025 Listed by Accession Real Estate $65,000
Listed by Accession Real Estate
Feb 1, 2024 Listed $95,000
Listed
This 40-acre affordable and beautiful ranch near Colorado Springs is home to Pronghorn, Mule Deer, Coyote, Fox and various small game. Making it an amazing hunting opportunity. It is only 40 minutes to Colorado Springs with many great building choices. Make it your own.

Property Highlights

Exterior Details
Property Condition: Not New, Previously Owned
Building Area Units: Square Feet
Lot Size Area: 1742400
Lot Size Units: Square Feet
Lot Size Acres: 40
Lot Size Square Feet: 1742400
Water Source: No Water/Sewer
Financial Details
Tax Annual Amount: $827
Utilities Details
Sewer : No Water/Sewer

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,742,400
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000040000
  • Standard Land Use Code: 8000
  • County Land Use Code: 550
  • Legal Description 1: SE4NE4 SEC 05-16-60

Neighborhood

  • School District Name: Edison School District 54-JT
  • Census Tract: 004602

Zoning

  • Zoning: A-35

Geography

  • Parcel: 600000115
  • Latitude: 38.6898
  • Longitude: -104.113

    Address

  • Full Address: 37855 Shear Rd
  • Address - House Number: 37855
  • Address - Street Name: Shear
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Yoder
  • Carrier Code: H080
  • 4-Digit Zip Code: 9641
  • Zip Code: 80864

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $71,392
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: TB1

    Market Valuation

  • Market Total Value: $50,600
  • Market Land Value: $50,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,670
  • Assessed Land Value: $14,670
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 El Paso

Stats & Trends

Median Asking:

$509,900

Sale Price/ft²

$232

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2636 ft²

Average Home Age

30.8 years

Currently For Sale

2219 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

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REcolorado

Listed by: David Kirilchuk, Accession Real Estate
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 9632729
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 37855 Shear Road built and last sold?
The property at 37855 Shear Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 37855 Shear Road is $65,650.
What are some comparable homes to 37855 Shear Road?
There are currently no comparable homes to 37855 Shear Road.
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