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Elbert County, CO · Sold

CO-178583

5820 County Road 245

$1,778,200
$3,939/ac · 451 ac
Acreage451 ac
Price per acre$3,939/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedDec 11, 2025
Coordinates39.4011, -104.1437
Loading terrain…
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
10
Low risk
Wetlands0.1% of tract

Little to no mapped wetland coverage.

Average slope5.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power10 ft away

Power at or near the road.

Buildable area428.40 of 451.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,625,529
$1,415,273$1,835,784 · $3,601/ac on 451 ac
Asking vs estimate
+9.4%
Priced above the comp set

Weighted from 8 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 $1,778,200
Maximum allowable offer
$928,874
$2,058/ac · +30.0% target margin

You need $849,326 off asking to hit this margin.

All-in cost$1,007,828
Net resale$1,495,487
Projected profit$487,658
ROI+48.4%
Annualized+69.2%
Break-even resale$2,427/ac
Profit if resale lands off target
-20%
$188,561
-10%
$338,110
0%
$487,658
+10%
$637,207
+20%
$786,756
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-499359
Dirt · Power at road
792.0Dec 4, 2025$2,001,6002,5273,0874.9 mi
80
CO-126908
Dirt · Power at road
134.2Feb 20, 2026$653,6004,8723,5235.5 mi
74
CO-137812
Paved · Off grid
258.2Sep 11, 2024$1,189,0004,6053,6221.5 mi
72
CO-957048
Gravel · Off grid
148.5Jul 27, 2026$640,9004,3173,1863.8 mi
71
CO-779434
Dirt · Off grid
836.2Nov 20, 2025$2,335,8002,7934,08811.3 mi
69
CO-959478
Gravel · Off grid
863.3Dec 26, 2024$2,004,5002,3223,0608.3 mi
62
CO-906969
Paved · Power at road
140.2Jun 13, 2024$1,011,2007,2124,11311.0 mi
60
CO-679968
Landlocked · Off grid
1231.1Feb 23, 2024$2,406,2001,9544,3704.6 mi
58
Show adjustment detail for the top comp
  • Tract size (791.96 ac → 451.4 ac)+18.7%
  • 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.