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Elbert County, CO · Sold

CO-602303

5945 County Road 196

$72,100
$15,115/ac · 4.77 ac
Acreage4.77 ac
Price per acre$15,115/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographySloped
ListedJun 23, 2026
Coordinates39.3352, -104.1961
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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

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands1.1% of tract

Little to no mapped wetland coverage.

Average slope25.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

452 ft of deeded road frontage.

Power122 ft away

Power at or near the road.

Buildable area2.83 of 4.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$67,438
$56,223$78,654 · $14,138/ac on 4.77 ac
Asking vs estimate
+6.9%
Priced above 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 $72,100
Maximum allowable offer
$38,536
$8,079/ac · +30.0% target margin

You need $33,564 off asking to hit this margin.

All-in cost$41,812
Net resale$62,043
Projected profit$20,232
ROI+48.4%
Annualized+69.3%
Break-even resale$9,528/ac
Profit if resale lands off target
-20%
$7,823
-10%
$14,027
0%
$20,232
+10%
$26,436
+20%
$32,640
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-252400
Gravel · Full utilities
5.1Jun 22, 2024$72,70014,19815,0202.4 mi
74
CO-464650
Paved · Off grid
26.1Feb 6, 2026$299,00011,44416,0364.9 mi
64
CO-713886
Gravel · Full utilities
15.0Jun 7, 2025$165,40011,00512,1415.0 mi
61
CO-804383
Dirt · Power at road
21.5Jul 22, 2024$209,6009,73316,4626.6 mi
60
CO-435709
Dirt · Off grid
56.3Dec 1, 2024$243,1004,3209,9947.6 mi
49
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (26 mo)+9.0%

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.