$52,500
●
Land -
For Sale
406 Riata Dr
Trinidad, CO 81082
Studio
0 Bath
$304
Est. Monthly
About This Property
With views of Fisher Peak, this 1.8 acre parcel is ready for your
new home with utilities at the paved road including water, electric
and natural gas. Easy, level building site options. An arroyo
traverses the lightly treed property. Located halfway between
Denver and Santa Fe, Trinidad is a gateway city to the American
Southwest where historic architecture and pristine outdoor vistas
hearken back to a slower, more deliberate pace of life. Enjoy
Fisher's Peak State park, Colorado's newest and second largest
state park, southwest cuisine, culture and more. Visit
https://visittrinidadcolorado.com
Unit Size
-
Days on Market
-
Land Size
1.83 acres
Price per sqft
-
Property Type
Land
Property Taxes
$46
HOA Dues
-
Year Built
-
Listed By
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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: 9 months ago (REcolorado MLS #IRE3345864)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 23, 2026 | Listed | $52,500 | |
| Listed | |||
| Jul 23, 2025 | Price Decreased |
$57,500
↓ $3K
(4.2%) | |
| Price Decreased | |||
| May 22, 2025 | Listed | $60,000 | |
| Listed | |||
| | |||
|
With views of Fisher Peak, this 1.8 acre parcel is ready for your new home with utilities at the paved road including water, electric and natural gas. Easy, level building site options. An arroyo traverses the lightly treed property. Located halfway between Denver and Santa Fe, Trinidad is a gateway city to the American Southwest where historic architecture and pristine outdoor vistas hearken back to a slower, more deliberate pace of life. Enjoy Fisher's Peak State park, Colorado's newest and second largest state park, southwest cuisine, culture and more. Visit https://visittrinidadcolorado.com
| |||
| Mar 6, 2023 | Listed | $70,000 | |
| Listed | |||
| | |||
|
With views of Fisher Peak, this 1.8 acre parcel is ready for your new home with utilities at the paved road including water, electric and natural gas. Easy, level building site options. An arroyo traverses the lightly treed property. Located halfway between Denver and Santa Fe, Trinidad is a gateway city to the American Southwest where historic architecture and pristine outdoor vistas hearken back to a slower, more deliberate pace of life. Enjoy Fisher's Peak State park, Colorado's newest and second largest state park, southwest cuisine, culture and more. Visit https://visittrinidadcolorado.com
| |||
| May 8, 2008 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Details
Parking Features: None
Exterior Details
Lot Features: Wooded, Level, Paved
Lot Size Area: 79714.8
Lot Size Units: Square Feet
Lot Size Acres: 1.83
Lot Size Square Feet: 79714.8
Water Source: City
Financial Details
Tax Annual Amount: $549
Utilities Details
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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Sold On
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HOA + Taxes
About Trinidad
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Listed by: Seth McEwan,
Last Updated: 9 months ago
Data Source: REcolorado MLS, MLS# IRE3345864
© 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.
Last Updated: 9 months ago
Data Source: REcolorado MLS, MLS# IRE3345864
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