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Elbert County, CO · Sold

CO-959478

4913 County Road 230

$2,409,200
$2,791/ac · 863 ac
Acreage863 ac
Price per acre$2,791/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedMar 10, 2024
Coordinates39.2917, -104.2062
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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
36
Moderate risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope28.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

7,124 ft of deeded road frontage.

Power9,070 ft away

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

Buildable area488.95 of 863.26 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,707,263
$2,374,679$3,039,847 · $3,136/ac on 863 ac
Asking vs estimate
-11.0%
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 $2,409,200
Maximum allowable offer
$1,547,007
$1,792/ac · +30.0% target margin

You need $862,193 off asking to hit this margin.

All-in cost$1,678,503
Net resale$2,490,682
Projected profit$812,179
ROI+48.4%
Annualized+69.2%
Break-even resale$2,113/ac
Profit if resale lands off target
-20%
$314,043
-10%
$563,111
0%
$812,179
+10%
$1,061,247
+20%
$1,310,316
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-499359
Dirt · Power at road
792.0Dec 4, 2025$2,001,6002,5272,5046.4 mi
78
CO-779434
Dirt · Off grid
836.2Nov 20, 2025$2,335,8002,7933,31611.8 mi
78
CO-679968
Landlocked · Off grid
1231.1Feb 23, 2024$2,406,2001,9543,5449.1 mi
70
CO-178583
Dirt · Power at road
451.4Mar 7, 2026$1,854,7004,1093,3948.3 mi
69
CO-137812
Paved · Off grid
258.2Sep 11, 2024$1,189,0004,6052,9379.8 mi
56
Show adjustment detail for the top comp
  • Tract size (791.96 ac → 863.26 ac)-2.6%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (8 mo)+2.9%

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.