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Cheyenne County, CO · Sold

CO-245630

869 County Road 85

$357,900
$6,734/ac · 53.15 ac
Acreage53.15 ac
Price per acre$6,734/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedJun 21, 2025
Coordinates38.9063, -102.6185
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

4 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands18.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power105 ft away

Power at or near the road.

Buildable area40.95 of 53.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$334,715
$282,006$387,425 · $6,298/ac on 53.15 ac
Asking vs estimate
+6.9%
Priced above 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 $357,900
Maximum allowable offer
$191,266
$3,599/ac · +30.0% target margin

You need $166,634 off asking to hit this margin.

All-in cost$207,524
Net resale$307,938
Projected profit$100,415
ROI+48.4%
Annualized+69.2%
Break-even resale$4,244/ac
Profit if resale lands off target
-20%
$38,827
-10%
$69,621
0%
$100,415
+10%
$131,208
+20%
$162,002
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-825651
Dirt · Power at road
54.0Oct 18, 2025$350,2006,4885,3255.6 mi
85
CO-596090
Dirt · Power at road
74.2Nov 6, 2025$405,4005,4654,7965.8 mi
80
CO-165932
Gravel · Power at road
66.2Oct 5, 2025$549,6008,3086,1323.7 mi
78
CO-254799
Dirt · Power at road
29.1Jul 27, 2026$289,9009,9597,0767.7 mi
76
CO-923950
Gravel · Power at road
15.7Nov 28, 2025$198,70012,6237,3021.2 mi
68
CO-434667
Paved · Power at road
26.5Dec 4, 2024$384,10014,5157,9172.3 mi
67
CO-603971
Dirt · Off grid
16.0Mar 30, 2026$118,9007,4395,8168.9 mi
64
CO-876627
Dirt · Off grid
109.4Mar 18, 2025$607,9005,5556,45910.0 mi
61
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%
  • 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.