1350 OLD HERRON RD

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1350 OLD HERRON RD

BASALT, CO 81621-9196
Asking Price
$5.95M
Asset Type
Ranch Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 1350 Old Herron Rd in Basalt, Colorado
  • Expansive ranch land asset listed for 5,950,000 dollars
  • Includes access to 300 acres of shared pasture land
  • On-site amenities feature a polo field and riding arenas
  • Property includes a guest house for additional utility
  • Situated within the accessible landscape of the Roaring Fork Valley

What's Special

This ranch property located at 1350 Old Herron Rd in Basalt, Colorado, presents a significant land holding for agricultural operations or private recreational use. Situated in the Roaring Fork Valley, the site provides a backdrop of regional mountain topography and proximity to the active outdoor lifestyle common to the Western Slope. The acreage offers functional infrastructure to support equestrian activities and livestock management, with open pasture space serving as a primary asset. Investors and owner-occupiers alike will find value in the expansive nature of this site, which is suitable for long-term development or preservation strategies. Beyond the primary acreage, the property includes access to a variety of shared amenities. These features include a polo field, multiple arenas, and dedicated trails suitable for training or recreation. A guest house on the premises enhances the utility of the land for hosting or staff support. With 300 acres of shared pasture, this parcel is well-positioned for operations requiring significant open space in a desirable mountain submarket.

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NOI
$80,000
Cap Rate
1.34%
DSCR
0.23
Underwater
Cash-on-Cash
-15.31%
Monthly Payment
$29,437.354
Annual Cash Flow
$-273,248.243

Location & Travel Times