$600,000
●
Land -
For Sale
4560 County road 114
Elizabeth, CO 80107
Studio
0 Bath
$3,380
Est. Monthly
About This Property
~40 acres of sub dividable to four 10 acres lots is available,
extra attraction is a pond in the middle , accessible by county
road 114, great views and 10 min away from town of Elizabeth.
Nearby 10 acres lots are selling for $40,000 per acre and this one
is a great potential at $15,000 per acre. This comes with water
rights quantity TBD. Great opportunity for local builders or
someone like to build their own on Acrage parcels in a beautiful
landscape with lot of views.
Unit Size
-
Days on Market
-
Land Size
40.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$433
HOA Dues
-
Year Built
1960
Listed By
Sreenath Rayalla
EXIT Realty DTC, Cherry Creek, Pikes Peak.
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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: 8 months ago (REcolorado MLS #IRE5118440)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2026 | Listed | $600,000 | |
| Listed | |||
| Jul 19, 2025 | Listed | $800,000 | |
| Listed | |||
| | |||
|
~40 acres of sub dividable to four 10 acres lots is available, extra attraction is a pond in the middle , accessible by county road 114, great views and 10 min away from town of Elizabeth. Nearby 10 acres lots are selling for $40,000 per acre and this one is a great potential at $20,000 per acre. This comes with water rights quantity TBD. Great opportunity for local builders or someone like to build their own on Acrage parcels in a beautiful landscape with lot of views.
| |||
| May 13, 2025 | Price Decreased |
$7,400,000
↓ $100K
(1.3%) | |
| Price Decreased | |||
| May 20, 2024 | Price Decreased |
$7,500,000
↓ $2M
(24.9%) | |
| Price Decreased | |||
| Apr 1, 2024 | Listed | $9,990,000 | |
| Listed | |||
| | |||
|
500 acre parcel with ample water rights developable land-south of Elizabeth town on a paved road -lot of road frontage, rolling hills, pine trees, rock outcroppings, amazing pikes peak views--country living yet close to the town restaurants, Super Walmart Starbucks are 10-15 min drive. Great opportunity to own this beautiful land for either immediate development or long term holding, nothing this size is available from Parker to Elizabeth. Water rights are negotiable. features rolling hills, drainage areas, several ponds, bluffs, rock outcroppings, pine trees, and incredible mountain and country views.This is a 700 acres parcel and only selling 500 acres will carve out the homes, barns and 200 acres at the time of closing or can include in this sale for additional $5M.
| |||
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Property Highlights
Parking Details
Parking Features: None
Exterior Details
Lot Size Area: 1742400
Lot Size Units: Square Feet
Lot Size Acres: 40
Lot Size Square Feet: 1742400
Financial Details
Tax Annual Amount: $5,201
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Elbert
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sreenath Rayalla,
Last Updated: 8 months ago
Data Source: REcolorado MLS, MLS# IRE5118440
© 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: 8 months ago
Data Source: REcolorado MLS, MLS# IRE5118440
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