Las Animas County, CO · Sold

CO-418522

3960 County Road 346

$1,081,400

$2,504/ac · 432 ac

Offer report Market this tract

Acreage432 ac

Price per acre$2,504/ac

ZoningMixed Use

Road accessDirt

UtilitiesOff grid

TopographyRolling

ListedMar 28, 2024

Coordinates37.3094, -104.1139

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County GIS boundary

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County market

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

View Las Animas market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Low risk

Wetlands10.6% of tract

Little to no mapped wetland coverage.

Average slope5.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,376 ft of deeded road frontage.

Power13,046 ft away

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

Buildable area366.80 of 431.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$848,631

$666,327 – $1,030,935 · $1,965/ac on 432 ac

Asking vs estimate

+27.4%

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 $1,081,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$484,932

$1,123/ac · +30.0% target margin

You need $596,468 off asking to hit this margin.

All-in cost$526,151

Net resale$780,740

Projected profit$254,589

ROI+48.4%

Annualized+69.2%

Break-even resale$1,324/ac

Profit if resale lands off target

-20%

$98,441

-10%

$176,515

$254,589

+10%

$332,663

+20%

$410,737

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CO-668258 Paved · Full utilities	356.7	Jul 27, 2026	$1,358,700	3,809	1,831	8.9 mi	84
CO-368241 Gravel · Full utilities	352.3	Jul 27, 2026	$899,700	2,554	1,443	9.4 mi	79
CO-839138 Gravel · Off grid	674.8	Jun 12, 2026	$1,408,200	2,087	2,070	13.0 mi	79
CO-257593 Dirt · Full utilities	220.3	Jul 27, 2026	$551,300	2,502	1,436	4.5 mi	78
CO-368419 Gravel · Full utilities	400.8	Dec 4, 2025	$1,140,400	2,845	1,716	8.1 mi	77
CO-937846 Dirt · Off grid	264.7	Jul 27, 2026	$734,300	2,775	2,408	14.9 mi	77
CO-427652 Dirt · Power at road	230.0	Jul 27, 2026	$577,300	2,511	1,779	11.3 mi	74
CO-799762 Paved · Power at road	1060.5	Jul 27, 2026	$2,803,600	2,644	2,161	13.7 mi	72
CO-139789 Paved · Off grid	1081.4	Jul 27, 2026	$2,240,600	2,072	2,004	9.9 mi	71
CO-966866 Dirt · Off grid	130.1	Jun 11, 2026	$529,600	4,070	2,922	7.5 mi	71

Show adjustment detail for the top comp

Tract size (356.71 ac → 431.89 ac)-5.5%
Access (Paved → Dirt)-27.1%
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.

Build the listing kit Post a deal or JV