← New search
El Paso County, CO · Sold

CO-842297

5198 County Road 188

$44,700
$9,411/ac · 4.75 ac
Acreage4.75 ac
Price per acre$9,411/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedJun 5, 2026
Coordinates38.7843, -104.4353
Loading terrain…
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

2 items to verify before you offer.

Risk index
29
Low risk
Wetlands6.7% of tract

Little to no mapped wetland coverage.

Average slope27.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

475 ft of deeded road frontage.

Power114 ft away

Power at or near the road.

Buildable area2.66 of 4.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$45,963
$35,405$56,522 · $9,677/ac on 4.75 ac
Asking vs estimate
-2.7%
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 $44,700
Maximum allowable offer
$26,265
$5,529/ac · +30.0% target margin

You need $18,435 off asking to hit this margin.

All-in cost$28,498
Net resale$42,286
Projected profit$13,789
ROI+48.4%
Annualized+69.2%
Break-even resale$6,521/ac
Profit if resale lands off target
-20%
$5,332
-10%
$9,560
0%
$13,789
+10%
$18,018
+20%
$22,246
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-814336
Dirt · Power at road
20.8Jul 27, 2026$155,2007,4529,8082.6 mi
75
CO-391416
Paved · Full utilities
2.5Jul 27, 2026$27,30010,8927,4239.4 mi
73
CO-571758
Gravel · Power at road
3.2Nov 10, 2023$35,20010,94612,0436.4 mi
73
CO-563426
Gravel · Off grid
10.8Jun 10, 2025$77,6007,2089,3681.1 mi
70
CO-410665
Dirt · Full utilities
1.5Jan 29, 2026$19,90013,63912,88011.4 mi
61
CO-184443
Paved · Power at road
22.5Mar 24, 2025$141,8006,3056,45410.8 mi
60
Show adjustment detail for the top comp
  • Tract size (20.82 ac → 4.75 ac)+12.9%
  • Access (Dirt → Gravel)+16.3%

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.