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Elbert County, CO · Sold

CO-126908

1121 County Road 236

$660,200
$4,921/ac · 134 ac
Acreage134 ac
Price per acre$4,921/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedDec 26, 2025
Coordinates39.4061, -104.0417
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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
44
Moderate risk
Wetlands47.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

1,016 ft of deeded road frontage.

Power168 ft away

Power at or near the road.

Buildable area66.78 of 134.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$668,066
$561,971$774,161 · $4,980/ac on 134 ac
Asking vs estimate
-1.2%
In line with the comp set

Weighted from 10 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 $660,200
Maximum allowable offer
$381,752
$2,846/ac · +30.0% target margin

You need $278,448 off asking to hit this margin.

All-in cost$414,201
Net resale$614,621
Projected profit$200,420
ROI+48.4%
Annualized+69.2%
Break-even resale$3,356/ac
Profit if resale lands off target
-20%
$77,496
-10%
$138,958
0%
$200,420
+10%
$261,882
+20%
$323,344
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-957048
Gravel · Off grid
148.5Jul 27, 2026$640,9004,3174,4966.6 mi
83
CO-906969
Paved · Power at road
140.2Jun 13, 2024$1,011,2007,2125,80310.7 mi
76
CO-178583
Dirt · Power at road
451.4Mar 7, 2026$1,854,7004,1095,9055.5 mi
74
CO-225839
Landlocked · Off grid
61.8Jul 27, 2026$267,2004,3215,3517.9 mi
72
CO-926645
Gravel · Full utilities
110.9Sep 12, 2025$573,1005,1693,60414.7 mi
70
CO-946469
Landlocked · Power at road
97.6Jun 6, 2024$460,7004,7206,0144.7 mi
70
CO-525776
Landlocked · Full utilities
59.1Jul 27, 2026$349,7005,9205,05711.9 mi
69
CO-137812
Paved · Off grid
258.2Sep 11, 2024$1,189,0004,6055,1104.7 mi
69
CO-135736
Gravel · Full utilities
57.4Jul 19, 2026$390,1006,7983,92913.3 mi
68
CO-435709
Dirt · Off grid
56.3Dec 1, 2024$243,1004,3204,4333.5 mi
65
Show adjustment detail for the top comp
  • Tract size (148.47 ac → 134.15 ac)+2.7%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%

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.