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Gunnison County, CO · Sold

CO-398160

5451 County Road 189

$584,800
$1,760/ac · 332 ac
Acreage332 ac
Price per acre$1,760/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedJul 5, 2024
Coordinates38.6557, -107.0407
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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

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

View Gunnison market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
48
Moderate risk
Wetlands17.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.0%

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.

Power11,240 ft away

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

Buildable area261.04 of 332.26 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$598,741
$511,588$685,894 · $1,802/ac on 332 ac
Asking vs estimate
-2.3%
In line with 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 $584,800
Maximum allowable offer
$342,138
$1,030/ac · +30.0% target margin

You need $242,662 off asking to hit this margin.

All-in cost$371,220
Net resale$550,842
Projected profit$179,622
ROI+48.4%
Annualized+69.2%
Break-even resale$1,214/ac
Profit if resale lands off target
-20%
$69,454
-10%
$124,538
0%
$179,622
+10%
$234,706
+20%
$289,790
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-307589
Landlocked · Full utilities
219.7Jul 15, 2026$642,9002,9261,8166.7 mi
84
CO-128169
Landlocked · Full utilities
334.4Nov 1, 2025$806,3002,4111,7396.5 mi
81
CO-248427
Gravel · Off grid
403.2Oct 12, 2025$1,065,9002,6441,9715.3 mi
77
CO-617852
Landlocked · Full utilities
265.8Aug 6, 2025$555,5002,0901,4239.3 mi
74
CO-807890
Dirt · Full utilities
273.2Mar 1, 2025$688,8002,5211,3923.3 mi
73
CO-728457
Paved · Power at road
412.0Dec 25, 2024$1,446,5003,5111,9593.5 mi
72
CO-488847
Paved · Off grid
546.5Sep 10, 2025$1,527,1002,7941,9417.6 mi
70
CO-909137
Gravel · Off grid
674.3Jun 20, 2024$1,650,6002,4482,2466.5 mi
63
Show adjustment detail for the top comp
  • Tract size (219.7 ac → 332.26 ac)-11.2%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (1 mo)+0.4%

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.