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El Paso County, CO · Sold

CO-386671

5565 County Road 148

$402,400
$3,561/ac · 113 ac
Acreage113 ac
Price per acre$3,561/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedNov 18, 2024
Coordinates38.7585, -104.4053
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County GIS boundary

An active ArcGIS layer was found, but the parcel boundary could not be matched by APN or location. This usually means the parcel identifier format differs from the county's layer. Open the county source to verify the shape.

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

4 items to verify before you offer.

Risk index
27
Low risk
Wetlands19.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,110 ft of deeded road frontage.

Power10,078 ft away

A long utility run — price in solar/off-grid instead.

Buildable area86.84 of 112.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$540,919
$441,286$640,552 · $4,787/ac on 113 ac
Asking vs estimate
-25.6%
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 $402,400
Maximum allowable offer
$309,096
$2,736/ac · +30.0% target margin

You need $93,304 off asking to hit this margin.

All-in cost$335,369
Net resale$497,645
Projected profit$162,276
ROI+48.4%
Annualized+69.3%
Break-even resale$3,226/ac
Profit if resale lands off target
-20%
$62,747
-10%
$112,512
0%
$162,276
+10%
$212,041
+20%
$261,805
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-745862
Gravel · Off grid
62.9Jun 28, 2026$374,0005,9485,21017.7 mi
78
CO-946111
Dirt · Off grid
75.3Mar 11, 2026$228,9003,0393,26211.3 mi
78
CO-536555
Dirt · Off grid
103.9Jan 31, 2026$430,8004,1474,82812.0 mi
78
CO-785383
Paved · Off grid
44.4Jul 27, 2026$300,6006,7634,6625.2 mi
74
CO-487062
Dirt · Full utilities
150.0Feb 15, 2026$1,045,6006,9716,20612.3 mi
73
CO-817908
Gravel · Power at road
276.8Dec 27, 2025$947,4003,4223,8138.1 mi
72
CO-958279
Paved · Full utilities
362.2Jul 27, 2026$2,175,2006,0064,9088.5 mi
67
CO-925306
Dirt · Power at road
42.0Oct 25, 2024$275,0006,5445,5887.9 mi
63
Show adjustment detail for the top comp
  • Tract size (62.88 ac → 112.99 ac)-12.9%
  • Market time (2 mo)+0.6%

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.