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Garfield County, CO · Sold

CO-218703

3000 County Road 197

$1,466,700
$2,979/ac · 492 ac
Acreage492 ac
Price per acre$2,979/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedMay 19, 2025
Coordinates39.4911, -108.0233
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County GIS boundary

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County market

Garfield County, Colorado. Front Range spillover and San Luis Valley off-grid lots moving fast.

View Garfield market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
17
Low risk
Wetlands11.9% of tract

Little to no mapped wetland coverage.

Average slope9.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,384 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area412.11 of 492.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,114,736
$1,729,154$2,500,317 · $4,295/ac on 492 ac
Asking vs estimate
-30.6%
Priced below the comp set

Weighted from 6 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 $1,466,700
Maximum allowable offer
$1,208,420
$2,454/ac · +30.0% target margin

You need $258,280 off asking to hit this margin.

All-in cost$1,311,136
Net resale$1,945,557
Projected profit$634,421
ROI+48.4%
Annualized+69.2%
Break-even resale$2,894/ac
Profit if resale lands off target
-20%
$245,310
-10%
$439,865
0%
$634,421
+10%
$828,977
+20%
$1,023,532
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-779732
Dirt · Power at road
1037.7Jul 27, 2026$2,339,4002,2544,0291.4 mi
81
CO-978701
Paved · Full utilities
491.7Mar 30, 2025$2,882,3005,8625,2532.8 mi
80
CO-428089
Landlocked · Power at road
315.6Sep 30, 2025$612,1001,9393,1614.0 mi
72
CO-457557
Paved · Power at road
214.7Jan 27, 2026$1,354,9006,3115,23715.1 mi
63
CO-869533
Dirt · Power at road
898.4Jun 9, 2024$1,764,8001,9653,6575.8 mi
63
CO-729815
Dirt · Off grid
1102.0May 13, 2024$2,082,8001,8904,42413.2 mi
56
Show adjustment detail for the top comp
  • Tract size (1037.66 ac → 492.4 ac)+25.7%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Full utilities)+22.0%

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.