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437 5th Street, Hugo, CO 80821

Town of Hugo · Lincoln County

Key Facts

0.21Lot (acres)

Description

Build Your Vision in Hugo, Colorado Opportunity is calling with two residential lots in the welcoming community of Hugo, Colorado. Whether you’re dreaming of building a single-family home, or multi-family housing, this property offers flexibility to match your goals. Enjoy the charm of small-town living with wide open skies, peaceful surroundings, and room to grow. These lots provide a great setting for those looking to invest, build, or create a place to call home at a comfortable pace. With residential zoning you have options—whether you’re planning for personal use, multi-generational living, or income potential. Infrastructure is in place including streets, water, sewer, gas and electric. A small garage is currently located on the property but could be removed to begin with an open slate. If you’ve been looking for a spot where you can take your time and build something meaningful, this could be just the right fit. Zoning uses include single or multi-family homes, manufactured and modular homes are allowed with some restrictions. Neighborhood uses: Salons and barbershops, Bakeries, Small-scale offices, Small-scale restaurants, Bed and Breakfasts, Child Day Care Centers. Have an idea, schedule a showing, let's talk.

Property Information

Property Type

Land

Lot Size

0.21 acres

Ownership

Individual

Zoning

R-1, Flood Zone A

MLS® Listing#

4582125

Property Features

Fencing

None

Lot Features

Corner Lot

Utilities

Electricity AvailableNatural Gas Available

Sewer

Public Sewer

Water Source

Public

Financial Details

HOA

None

Annual Taxes

$540

Tax year 2025

Parcel Number

279732302008

Directions

From Main Street (Highway 40/287) turn on 5th Avenue. Travel north to 5th Street. Property is at the northwest corner of the intersection at 5th Avenue and 5th Street.

Affordability Calculator

$19,000

Estimated monthly payment

$506/mo

Principal $76,000 · Est. interest $106,027 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Hugo, CO

$220,000
Median Listing Price
38
Median Days on Market
1,485
Median Sq Ft
$143
Median Price / Sq Ft
13
Active Listings
  • This home’s price is 57% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Hugo, CO.

Location

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Points of Interest in Hugo, CO

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
125 7th Street, Hugo, CO$100,000321,368
125 7th St, Hugo, CO$100,000321,368

Moving Cost Estimate

EXIT Agents in Hugo

Metrolist Inc MLS - Professional (Denver) logo

Listing Courtesy: Rural American Realty - donnainlimon@hotmail.com,719-760-0449

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PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

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This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC. MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

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