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Lincoln County, CO · Sold

CO-423281

5382 County Road 296

$56,500
$5,831/ac · 9.69 ac
Acreage9.69 ac
Price per acre$5,831/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedJul 11, 2024
Coordinates38.9984, -103.5569
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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

4 items to verify before you offer.

Risk index
30
Moderate risk
Wetlands18.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

682 ft of deeded road frontage.

Power12,500 ft away

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

Buildable area7.54 of 9.69 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$59,766
$50,337$69,194 · $6,168/ac on 9.69 ac
Asking vs estimate
-5.5%
Priced below 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 $56,500
Maximum allowable offer
$34,152
$3,524/ac · +30.0% target margin

You need $22,348 off asking to hit this margin.

All-in cost$37,055
Net resale$54,984
Projected profit$17,929
ROI+48.4%
Annualized+69.2%
Break-even resale$4,157/ac
Profit if resale lands off target
-20%
$6,933
-10%
$12,431
0%
$17,929
+10%
$23,428
+20%
$28,926
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-304000
Paved · Power at road
16.3Aug 19, 2025$149,3009,1487,2124.2 mi
74
CO-263298
Landlocked · Full utilities
9.8Aug 1, 2024$62,6006,3817,1054.3 mi
74
CO-742559
Dirt · Full utilities
5.8Jul 27, 2026$45,7007,9536,24510.9 mi
73
CO-842314
Dirt · Off grid
4.8Jun 27, 2026$21,7004,5055,05210.9 mi
72
CO-254191
Landlocked · Off grid
18.7Oct 4, 2025$73,0003,8956,3394.9 mi
71
CO-434441
Gravel · Full utilities
22.5Oct 16, 2024$188,5008,3926,8858.6 mi
66
CO-194877
Dirt · Off grid
30.8Feb 17, 2025$153,0004,9677,0354.6 mi
66
CO-884526
Landlocked · Full utilities
23.9Sep 2, 2025$115,2004,8205,6643.5 mi
66
CO-971751
Gravel · Off grid
3.2Nov 15, 2024$12,5003,8963,9507.1 mi
62
CO-184396
Dirt · Full utilities
21.7Oct 14, 2024$134,2006,1735,8646.6 mi
61
Show adjustment detail for the top comp
  • Tract size (16.32 ac → 9.69 ac)+5.1%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (12 mo)+4.2%

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.