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Elbert County, CO · Sold

CO-137812

3060 County Road 288

$1,400,500
$5,424/ac · 258 ac
Acreage258 ac
Price per acre$5,424/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedMay 15, 2024
Coordinates39.4200, -104.1286
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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

4 items to verify before you offer.

Risk index
46
Moderate risk
Wetlands36.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.2%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,659 ft of deeded road frontage.

Power11,338 ft away

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

Buildable area155.77 of 258.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,266,393
$1,063,197$1,469,588 · $4,904/ac on 258 ac
Asking vs estimate
+10.6%
Priced above the comp set

Weighted from 9 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 $1,400,500
Maximum allowable offer
$723,653
$2,802/ac · +30.0% target margin

You need $676,847 off asking to hit this margin.

All-in cost$785,164
Net resale$1,165,081
Projected profit$379,918
ROI+48.4%
Annualized+69.2%
Break-even resale$3,305/ac
Profit if resale lands off target
-20%
$146,902
-10%
$263,410
0%
$379,918
+10%
$496,426
+20%
$612,934
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-178583
Dirt · Power at road
451.4Mar 7, 2026$1,854,7004,1095,7521.5 mi
80
CO-957048
Gravel · Off grid
148.5Jul 27, 2026$640,9004,3174,3795.1 mi
78
CO-126908
Dirt · Power at road
134.2Feb 20, 2026$653,6004,8724,8424.7 mi
76
CO-499359
Dirt · Power at road
792.0Dec 4, 2025$2,001,6002,5274,2436.1 mi
69
CO-906969
Paved · Power at road
140.2Jun 13, 2024$1,011,2007,2125,65212.0 mi
66
CO-779434
Dirt · Off grid
836.2Nov 20, 2025$2,335,8002,7935,61911.7 mi
61
CO-926645
Gravel · Full utilities
110.9Sep 12, 2025$573,1005,1693,51114.2 mi
60
CO-959478
Gravel · Off grid
863.3Dec 26, 2024$2,004,5002,3224,2069.8 mi
57
CO-946469
Landlocked · Power at road
97.6Jun 6, 2024$460,7004,7205,8587.2 mi
57
Show adjustment detail for the top comp
  • Tract size (451.4 ac → 258.22 ac)+17.8%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Power at road → Off grid)-15.0%
  • 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.