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Montezuma County, CO · Sold

CO-506672

7833 County Road 400

$843,800
$7,463/ac · 113 ac
Acreage113 ac
Price per acre$7,463/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedJul 21, 2024
Coordinates37.3642, -108.7250
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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

4 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope25.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power1,440 ft away

Service extension needed; get a utility quote.

Buildable area66.76 of 113.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$751,778
$639,660$863,895 · $6,649/ac on 113 ac
Asking vs estimate
+12.2%
Priced above the comp set

Weighted from 8 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 $843,800
Maximum allowable offer
$429,587
$3,799/ac · +30.0% target margin

You need $414,213 off asking to hit this margin.

All-in cost$466,102
Net resale$691,636
Projected profit$225,534
ROI+48.4%
Annualized+69.3%
Break-even resale$4,481/ac
Profit if resale lands off target
-20%
$87,207
-10%
$156,370
0%
$225,534
+10%
$294,697
+20%
$363,861
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-226367
Paved · Power at road
90.7Jul 27, 2026$723,7007,9835,4585.6 mi
86
CO-626716
Gravel · Full utilities
116.7Oct 19, 2024$1,251,50010,7228,10812.6 mi
77
CO-965403
Gravel · Power at road
45.1Oct 24, 2025$390,8008,6686,1985.7 mi
72
CO-506516
Dirt · Power at road
101.0Aug 13, 2024$574,6005,6895,9285.8 mi
72
CO-265583
Paved · Power at road
51.4Jul 27, 2026$673,60013,1127,9029.2 mi
71
CO-185471
Gravel · Off grid
47.4Aug 20, 2025$362,5007,6526,5468.0 mi
68
CO-817330
Landlocked · Full utilities
182.1May 28, 2024$813,6004,4685,6768.2 mi
63
CO-785140
Paved · Power at road
37.3Jul 15, 2025$475,90012,7687,55410.0 mi
59
Show adjustment detail for the top comp
  • Tract size (90.65 ac → 113.07 ac)-5.3%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Off grid)-15.0%

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.