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Cheyenne County, CO · Sold

CO-367895

7007 County Road 150

$2,127,200
$7,757/ac · 274 ac
Acreage274 ac
Price per acre$7,757/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedOct 25, 2024
Coordinates38.7576, -102.5910
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
20
Low risk
Wetlands16.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,878 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area216.49 of 274.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,869,897
$1,511,502$2,228,293 · $6,819/ac on 274 ac
Asking vs estimate
+13.8%
Priced above the comp set

Weighted from 10 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 $2,127,200
Maximum allowable offer
$1,068,513
$3,896/ac · +30.0% target margin

You need $1,058,687 off asking to hit this margin.

All-in cost$1,159,337
Net resale$1,720,305
Projected profit$560,969
ROI+48.4%
Annualized+69.2%
Break-even resale$4,595/ac
Profit if resale lands off target
-20%
$216,908
-10%
$388,938
0%
$560,969
+10%
$732,999
+20%
$905,030
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-427849
Dirt · Off grid
265.2May 18, 2024$1,347,9005,0827,9064.9 mi
80
CO-527378
Dirt · Power at road
188.6Jul 27, 2026$1,042,4005,5286,08010.9 mi
78
CO-108223
Gravel · Full utilities
347.8Oct 4, 2025$3,029,6008,7118,3214.6 mi
77
CO-518482
Paved · Off grid
419.6Jul 27, 2026$1,714,7004,0874,8557.5 mi
77
CO-567420
Gravel · Power at road
194.4Jul 27, 2026$904,7004,6544,43911.8 mi
76
CO-878310
Dirt · Full utilities
370.4Apr 12, 2025$2,240,1006,0486,9766.8 mi
75
CO-547872
Gravel · Off grid
269.7Mar 3, 2025$1,581,7005,8647,6446.9 mi
75
CO-876627
Dirt · Off grid
109.4Mar 18, 2025$607,9005,5556,5801.9 mi
67
CO-528420
Paved · Off grid
401.1Oct 1, 2024$2,589,9006,4578,14512.7 mi
63
CO-879016
Gravel · Power at road
617.7May 22, 2024$3,214,0005,2037,6059.6 mi
58
Show adjustment detail for the top comp
  • Tract size (265.24 ac → 274.23 ac)-1.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (27 mo)+9.4%

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.