Lincoln County, CO · Sold

CO-338629

1018 County Road 388

$1,605,700

$3,441/ac · 467 ac

Offer report Market this tract

Acreage467 ac

Price per acre$3,441/ac

ZoningUnzoned

Road accessGravel

UtilitiesPower at road

TopographySloped

ListedAug 6, 2025

Coordinates38.9210, -103.5390

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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

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

View Lincoln market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope26.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,511 ft of deeded road frontage.

Power188 ft away

Power at or near the road.

Buildable area275.54 of 466.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,414,760

$1,018,627 – $1,810,893 · $3,031/ac on 467 ac

Asking vs estimate

+13.5%

Priced above the comp set

Weighted from 9 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 $1,605,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$808,434

$1,732/ac · +30.0% target margin

You need $797,266 off asking to hit this margin.

All-in cost$877,151

Net resale$1,301,579

Projected profit$424,428

ROI+48.4%

Annualized+69.2%

Break-even resale$2,043/ac

Profit if resale lands off target

-20%

$164,112

-10%

$294,270

$424,428

+10%

$554,586

+20%

$684,744

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CO-279486 Paved · Power at road	868.3	Jul 27, 2026	$2,540,300	2,926	3,004	2.4 mi	84
CO-458429 Landlocked · Power at road	403.8	Jul 27, 2026	$588,800	1,458	2,058	10.7 mi	82
CO-889476 Paved · Full utilities	862.0	Jul 27, 2026	$1,921,000	2,229	1,871	2.6 mi	82
CO-738595 Dirt · Full utilities	455.3	Jan 11, 2026	$1,762,600	3,871	3,753	10.9 mi	77
CO-647285 Dirt · Power at road	176.3	Jul 27, 2026	$444,000	2,519	2,216	11.2 mi	74
CO-938542 Dirt · Off grid	438.2	Apr 14, 2025	$1,358,100	3,099	4,394	9.5 mi	73
CO-539002 Paved · Off grid	611.5	Feb 13, 2025	$2,120,300	3,467	3,989	9.4 mi	68
CO-967260 Gravel · Power at road	173.1	Aug 13, 2025	$617,500	3,567	2,793	9.2 mi	66
CO-247928 Paved · Power at road	280.9	Sep 27, 2024	$1,262,800	4,496	3,539	10.7 mi	65

Show adjustment detail for the top comp

Tract size (868.28 ac → 466.7 ac)+20.9%
Access (Paved → Gravel)-15.3%

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