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Elbert County, CO · Sold

CO-499359

4904 County Road 277

$2,052,900
$2,592/ac · 792 ac
Acreage792 ac
Price per acre$2,592/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedSep 18, 2025
Coordinates39.3822, -104.2322
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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

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

View Elbert market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
15
Low risk
Wetlands15.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

6,411 ft of deeded road frontage.

Power142 ft away

Power at or near the road.

Buildable area633.49 of 791.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,584,918
$2,270,471$2,899,366 · $3,264/ac on 792 ac
Asking vs estimate
-20.6%
Priced below the comp set

Weighted from 5 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 $2,052,900
Maximum allowable offer
$1,477,096
$1,865/ac · +30.0% target margin

You need $575,804 off asking to hit this margin.

All-in cost$1,602,649
Net resale$2,378,125
Projected profit$775,476
ROI+48.4%
Annualized+69.2%
Break-even resale$2,200/ac
Profit if resale lands off target
-20%
$299,851
-10%
$537,663
0%
$775,476
+10%
$1,013,288
+20%
$1,251,100
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-178583
Dirt · Power at road
451.4Mar 7, 2026$1,854,7004,1093,5274.9 mi
82
CO-779434
Dirt · Off grid
836.2Nov 20, 2025$2,335,8002,7933,44514.6 mi
76
CO-959478
Gravel · Off grid
863.3Dec 26, 2024$2,004,5002,3222,5796.4 mi
73
CO-679968
Landlocked · Off grid
1231.1Feb 23, 2024$2,406,2001,9543,6822.8 mi
66
CO-137812
Paved · Off grid
258.2Sep 11, 2024$1,189,0004,6053,0526.1 mi
62
Show adjustment detail for the top comp
  • Tract size (451.4 ac → 791.96 ac)-15.7%
  • Market time (5 mo)+1.9%

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.