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Cheyenne County, CO · Sold

CO-165932

3560 County Road 5

$531,000
$8,027/ac · 66.15 ac
Acreage66.15 ac
Price per acre$8,027/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedAug 3, 2024
Coordinates38.9414, -102.5663
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Cheyenne County, Colorado. Front Range spillover and San Luis Valley off-grid lots moving fast.

View Cheyenne market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
40
Moderate risk
Wetlands40.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

1,138 ft of deeded road frontage.

Power102 ft away

Power at or near the road.

Buildable area37.64 of 66.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$552,836
$451,701$653,971 · $8,357/ac on 66.15 ac
Asking vs estimate
-3.9%
In line with the comp set

Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $531,000
Maximum allowable offer
$315,907
$4,776/ac · +30.0% target margin

You need $215,093 off asking to hit this margin.

All-in cost$342,759
Net resale$508,609
Projected profit$165,850
ROI+48.4%
Annualized+69.2%
Break-even resale$5,632/ac
Profit if resale lands off target
-20%
$64,128
-10%
$114,989
0%
$165,850
+10%
$216,711
+20%
$267,572
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-596090
Dirt · Power at road
74.2Nov 6, 2025$405,4005,4656,7328.6 mi
78
CO-245630
Landlocked · Power at road
53.1Sep 15, 2025$315,0005,9268,6393.7 mi
78
CO-825651
Dirt · Power at road
54.0Oct 18, 2025$350,2006,4887,4758.0 mi
76
CO-567420
Gravel · Power at road
194.4Jul 27, 2026$904,7004,6546,1175.6 mi
74
CO-527378
Dirt · Power at road
188.6Jul 27, 2026$1,042,4005,5288,3786.2 mi
72
CO-254799
Dirt · Power at road
29.1Jul 27, 2026$289,9009,9599,93311.4 mi
71
CO-434667
Paved · Power at road
26.5Dec 4, 2024$384,10014,51511,1131.6 mi
65
CO-876627
Dirt · Off grid
109.4Mar 18, 2025$607,9005,5559,06711.9 mi
63
Show adjustment detail for the top comp
  • Tract size (74.17 ac → 66.15 ac)+2.6%
  • Access (Dirt → Gravel)+16.3%
  • Market time (9 mo)+3.2%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.