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Montezuma County, CO · Sold

CO-262996

5866 County Road 389

$113,900
$14,436/ac · 7.89 ac
Acreage7.89 ac
Price per acre$14,436/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedApr 20, 2025
Coordinates37.3694, -108.6959
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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

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands4.5% of tract

Little to no mapped wetland coverage.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power221 ft away

Power at or near the road.

Buildable area7.16 of 7.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$101,724
$83,014$120,435 · $12,893/ac on 7.89 ac
Asking vs estimate
+12.0%
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 $113,900
Maximum allowable offer
$58,128
$7,367/ac · +30.0% target margin

You need $55,772 off asking to hit this margin.

All-in cost$63,069
Net resale$93,586
Projected profit$30,518
ROI+48.4%
Annualized+69.3%
Break-even resale$8,689/ac
Profit if resale lands off target
-20%
$11,800
-10%
$21,159
0%
$30,518
+10%
$39,876
+20%
$49,235
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-173664
Gravel · Power at road
12.8Jul 27, 2026$111,2008,69310,6895.8 mi
79
CO-143189
Landlocked · Off grid
9.1Oct 4, 2025$52,1005,74412,2726.5 mi
76
CO-542210
Dirt · Full utilities
4.5Jul 27, 2026$50,10011,23612,28613.9 mi
72
CO-283861
Dirt · Full utilities
14.8Jun 29, 2024$140,3009,50212,2813.2 mi
69
CO-954161
Gravel · Power at road
18.3Sep 5, 2024$221,00012,05216,62910.5 mi
60
CO-911288
Gravel · Power at road
2.3Mar 4, 2025$21,4009,36611,14010.5 mi
57
CO-424632
Dirt · Off grid
25.8Sep 21, 2023$223,4008,66117,7543.1 mi
56
CO-841586
Gravel · Full utilities
2.8Mar 21, 2024$31,50011,09511,2869.1 mi
55
Show adjustment detail for the top comp
  • Tract size (12.79 ac → 7.89 ac)+4.0%
  • Access (Gravel → Paved)+18.0%

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.