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Elbert County, CO · Sold

CO-906969

4459 County Road 187

$1,122,300
$8,004/ac · 140 ac
Acreage140 ac
Price per acre$8,004/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographySloped
ListedOct 19, 2023
Coordinates39.2531, -104.0656
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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

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope11.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,595 ft of deeded road frontage.

Power249 ft away

Power at or near the road.

Buildable area127.47 of 140.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$927,027
$787,050$1,067,004 · $6,612/ac on 140 ac
Asking vs estimate
+21.1%
Priced above 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 $1,122,300
Maximum allowable offer
$529,730
$3,778/ac · +30.0% target margin

You need $592,570 off asking to hit this margin.

All-in cost$574,757
Net resale$852,865
Projected profit$278,108
ROI+48.4%
Annualized+69.2%
Break-even resale$4,456/ac
Profit if resale lands off target
-20%
$107,535
-10%
$192,821
0%
$278,108
+10%
$363,394
+20%
$448,681
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-126908
Dirt · Power at road
134.2Feb 20, 2026$653,6004,8726,74210.7 mi
84
CO-957048
Gravel · Off grid
148.5Jul 27, 2026$640,9004,3176,0987.5 mi
83
CO-525776
Landlocked · Full utilities
59.1Jul 27, 2026$349,7005,9206,8591.4 mi
76
CO-926645
Gravel · Full utilities
110.9Sep 12, 2025$573,1005,1694,8896.0 mi
74
CO-135736
Gravel · Full utilities
57.4Jul 19, 2026$390,1006,7985,3294.9 mi
72
CO-225839
Landlocked · Off grid
61.8Jul 27, 2026$267,2004,3217,2579.4 mi
70
CO-946469
Landlocked · Power at road
97.6Jun 6, 2024$460,7004,7208,1575.9 mi
69
CO-178583
Dirt · Power at road
451.4Mar 7, 2026$1,854,7004,1098,00911.0 mi
69
CO-137812
Paved · Off grid
258.2Sep 11, 2024$1,189,0004,6056,93112.0 mi
67
CO-435709
Dirt · Off grid
56.3Dec 1, 2024$243,1004,3206,0127.2 mi
60
Show adjustment detail for the top comp
  • Tract size (134.15 ac → 140.21 ac)-1.2%
  • Access (Dirt → Paved)+37.2%
  • Market time (6 mo)+2.0%

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.