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Elbert County, CO · Sold

CO-225839

2307 County Road 45

$291,400
$4,712/ac · 61.84 ac
Acreage61.84 ac
Price per acre$4,712/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedMay 19, 2026
Coordinates39.3588, -104.1774
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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

5 items to verify before you offer.

Risk index
43
Moderate risk
Wetlands17.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power2,504 ft away

Service extension needed; get a utility quote.

Buildable area48.29 of 61.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$260,481
$201,808$319,155 · $4,212/ac on 61.84 ac
Asking vs estimate
+11.9%
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 $291,400
Maximum allowable offer
$148,846
$2,407/ac · +30.0% target margin

You need $142,554 off asking to hit this margin.

All-in cost$161,498
Net resale$239,643
Projected profit$78,145
ROI+48.4%
Annualized+69.3%
Break-even resale$2,839/ac
Profit if resale lands off target
-20%
$30,216
-10%
$54,180
0%
$78,145
+10%
$102,109
+20%
$126,073
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-525776
Landlocked · Full utilities
59.1Jul 27, 2026$349,7005,9204,09310.8 mi
84
CO-135736
Gravel · Full utilities
57.4Jul 19, 2026$390,1006,7983,1808.7 mi
82
CO-957048
Gravel · Off grid
148.5Jul 27, 2026$640,9004,3173,6392.3 mi
76
CO-435709
Dirt · Off grid
56.3Dec 1, 2024$243,1004,3203,5886.5 mi
74
CO-464650
Paved · Off grid
26.1Feb 6, 2026$299,00011,4445,7573.0 mi
72
CO-946469
Landlocked · Power at road
97.6Jun 6, 2024$460,7004,7204,8687.1 mi
71
CO-126908
Dirt · Power at road
134.2Feb 20, 2026$653,6004,8724,0237.9 mi
68
CO-926645
Gravel · Full utilities
110.9Sep 12, 2025$573,1005,1692,9179.8 mi
67
CO-906969
Paved · Power at road
140.2Jun 13, 2024$1,011,2007,2124,6979.4 mi
58
CO-804383
Dirt · Power at road
21.5Jul 22, 2024$209,6009,7335,9095.8 mi
58
Show adjustment detail for the top comp
  • Tract size (59.08 ac → 61.84 ac)-1.0%
  • Utilities (Full utilities → Off grid)-30.3%

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.