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El Paso County, CO · Sold

CO-948573

1618 County Road 234

$1,616,100
$3,606/ac · 448 ac
Acreage448 ac
Price per acre$3,606/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedFeb 8, 2026
Coordinates38.9159, -104.4318
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County GIS boundary

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County market

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

View El Paso market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
23
Low risk
Wetlands10.1% of tract

Little to no mapped wetland coverage.

Average slope8.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power45 ft away

Power at or near the road.

Buildable area382.73 of 448.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,581,011
$1,226,777$1,935,246 · $3,528/ac on 448 ac
Asking vs estimate
+2.2%
In line with the comp set

Weighted from 6 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 $1,616,100
Maximum allowable offer
$903,435
$2,016/ac · +30.0% target margin

You need $712,665 off asking to hit this margin.

All-in cost$980,227
Net resale$1,454,530
Projected profit$474,303
ROI+48.4%
Annualized+69.2%
Break-even resale$2,378/ac
Profit if resale lands off target
-20%
$183,397
-10%
$328,850
0%
$474,303
+10%
$619,756
+20%
$765,209
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-958279
Paved · Full utilities
362.2Jul 27, 2026$2,175,2006,0063,9242.5 mi
84
CO-618920
Paved · Power at road
576.2Jul 27, 2026$1,996,5003,4653,17513.5 mi
79
CO-817908
Gravel · Power at road
276.8Dec 27, 2025$947,4003,4223,0499.4 mi
79
CO-238558
Gravel · Power at road
443.3May 19, 2025$1,671,1003,7703,95413.9 mi
77
CO-849890
Dirt · Power at road
1163.5Jul 27, 2026$1,754,1001,5082,3553.5 mi
75
CO-487062
Dirt · Full utilities
150.0Feb 15, 2026$1,045,6006,9714,96213.4 mi
61
Show adjustment detail for the top comp
  • Tract size (362.18 ac → 448.14 ac)-6.1%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.