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Cheyenne County, CO · Sold

CO-596090

3906 County Road 399

$478,600
$6,453/ac · 74.17 ac
Acreage74.17 ac
Price per acre$6,453/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedDec 23, 2024
Coordinates38.8218, -102.6129
Loading terrain…
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
13
Low risk
Wetlands12.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,370 ft of deeded road frontage.

Power129 ft away

Power at or near the road.

Buildable area61.51 of 74.17 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$535,467
$451,681$619,254 · $7,219/ac on 74.17 ac
Asking vs estimate
-10.6%
Priced below 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 $478,600
Maximum allowable offer
$305,981
$4,125/ac · +30.0% target margin

You need $172,619 off asking to hit this margin.

All-in cost$331,989
Net resale$492,630
Projected profit$160,640
ROI+48.4%
Annualized+69.3%
Break-even resale$4,865/ac
Profit if resale lands off target
-20%
$62,114
-10%
$111,377
0%
$160,640
+10%
$209,903
+20%
$259,166
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-825651
Dirt · Power at road
54.0Oct 18, 2025$350,2006,4886,2669.7 mi
80
CO-245630
Landlocked · Power at road
53.1Sep 15, 2025$315,0005,9267,2415.8 mi
79
CO-165932
Gravel · Power at road
66.2Oct 5, 2025$549,6008,3087,2168.6 mi
77
CO-254799
Dirt · Power at road
29.1Jul 27, 2026$289,9009,9598,3266.1 mi
76
CO-527378
Dirt · Power at road
188.6Jul 27, 2026$1,042,4005,5287,0236.4 mi
75
CO-876627
Dirt · Off grid
109.4Mar 18, 2025$607,9005,5557,6004.7 mi
72
CO-567420
Gravel · Power at road
194.4Jul 27, 2026$904,7004,6545,1289.3 mi
71
CO-434667
Paved · Power at road
26.5Dec 4, 2024$384,10014,5159,3167.1 mi
60
Show adjustment detail for the top comp
  • Tract size (53.97 ac → 74.17 ac)-6.7%
  • Market time (10 mo)+3.5%

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.