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Montezuma County, CO · Sold

CO-658923

4405 County Road 346

$1,409,500
$2,441/ac · 577 ac
Acreage577 ac
Price per acre$2,441/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedMar 1, 2025
Coordinates37.4311, -108.4967
Loading terrain…
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

5 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands18.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.7%

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.

Power4,884 ft away

Service extension needed; get a utility quote.

Buildable area447.65 of 577.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,650,680
$1,473,964$1,827,397 · $2,858/ac on 577 ac
Asking vs estimate
-14.6%
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 $1,409,500
Maximum allowable offer
$943,246
$1,633/ac · +30.0% target margin

You need $466,254 off asking to hit this margin.

All-in cost$1,023,422
Net resale$1,518,626
Projected profit$495,204
ROI+48.4%
Annualized+69.2%
Break-even resale$1,926/ac
Profit if resale lands off target
-20%
$191,479
-10%
$343,342
0%
$495,204
+10%
$647,067
+20%
$798,929
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-619248
Landlocked · Full utilities
730.8Jul 27, 2026$2,857,5003,9102,9344.2 mi
89
CO-618753
Paved · Off grid
510.6Apr 8, 2026$2,556,1005,0062,8219.0 mi
85
CO-839271
Gravel · Full utilities
743.0Aug 6, 2025$3,865,9005,2032,7774.0 mi
74
CO-939596
Gravel · Off grid
940.3Jul 27, 2026$4,050,3004,3073,41017.1 mi
73
CO-968724
Gravel · Power at road
499.9May 2, 2025$2,756,8005,5143,2169.4 mi
71
CO-609755
Gravel · Power at road
1055.1Feb 17, 2025$3,425,0003,2462,4015.7 mi
65
CO-959353
Gravel · Full utilities
788.5Jun 18, 2024$4,047,1005,1322,91812.1 mi
64
CO-409978
Gravel · Power at road
1240.1Jun 27, 2025$4,239,3003,4192,62113.4 mi
61
CO-817330
Landlocked · Full utilities
182.1May 28, 2024$813,6004,4682,43016.5 mi
53
Show adjustment detail for the top comp
  • Tract size (730.77 ac → 577.47 ac)+7.5%
  • 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.