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Montezuma County, CO · Sold

CO-506516

8008 County Road 89

$642,700
$6,364/ac · 101 ac
Acreage101 ac
Price per acre$6,364/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedJul 5, 2024
Coordinates37.4247, -108.6519
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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

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

View Montezuma market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
14
Low risk
Wetlands4.8% of tract

Little to no mapped wetland coverage.

Average slope14.0%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,136 ft of deeded road frontage.

Power193 ft away

Power at or near the road.

Buildable area76.91 of 100.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$718,502
$621,122$815,881 · $7,115/ac on 101 ac
Asking vs estimate
-10.5%
Priced below 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 $642,700
Maximum allowable offer
$410,572
$4,065/ac · +30.0% target margin

You need $232,128 off asking to hit this margin.

All-in cost$445,471
Net resale$661,021
Projected profit$215,551
ROI+48.4%
Annualized+69.2%
Break-even resale$4,795/ac
Profit if resale lands off target
-20%
$83,346
-10%
$149,449
0%
$215,551
+10%
$281,653
+20%
$347,755
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-226367
Paved · Power at road
90.7Jul 27, 2026$723,7007,9835,6800.2 mi
89
CO-265583
Paved · Power at road
51.4Jul 27, 2026$673,60013,1128,2243.7 mi
78
CO-506672
Gravel · Off grid
113.1Feb 10, 2025$779,7006,8957,6325.8 mi
74
CO-626716
Gravel · Full utilities
116.7Oct 19, 2024$1,251,50010,7228,4388.6 mi
70
CO-185471
Gravel · Off grid
47.4Aug 20, 2025$362,5007,6526,81312.2 mi
67
CO-965403
Gravel · Power at road
45.1Oct 24, 2025$390,8008,6686,45110.5 mi
65
CO-785140
Paved · Power at road
37.3Jul 15, 2025$475,90012,7687,86212.5 mi
65
CO-817330
Landlocked · Full utilities
182.1May 28, 2024$813,6004,4685,90712.3 mi
64
CO-244929
Dirt · Off grid
32.0Jul 22, 2024$227,7007,1167,1628.5 mi
58
Show adjustment detail for the top comp
  • Tract size (90.65 ac → 100.99 ac)-2.6%
  • Access (Paved → Dirt)-27.1%

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.