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Montezuma County, CO · Sold

CO-618753

2377 County Road 275

$2,561,200
$5,016/ac · 511 ac
Acreage511 ac
Price per acre$5,016/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedJun 9, 2025
Coordinates37.3027, -108.5238
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

4 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands30.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.8%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

4,774 ft of deeded road frontage.

Power2,714 ft away

Service extension needed; get a utility quote.

Buildable area339.04 of 510.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,563,678
$2,220,282$2,907,075 · $5,021/ac on 511 ac
Asking vs estimate
-0.1%
In line with 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 $2,561,200
Maximum allowable offer
$1,464,959
$2,869/ac · +30.0% target margin

You need $1,096,241 off asking to hit this margin.

All-in cost$1,589,481
Net resale$2,358,584
Projected profit$769,104
ROI+48.4%
Annualized+69.2%
Break-even resale$3,384/ac
Profit if resale lands off target
-20%
$297,387
-10%
$533,245
0%
$769,104
+10%
$1,004,962
+20%
$1,240,820
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-619248
Landlocked · Full utilities
730.8Jul 27, 2026$2,857,5003,9105,2854.9 mi
84
CO-658923
Landlocked · Off grid
577.5Sep 30, 2025$1,251,6002,1674,0489.0 mi
81
CO-968724
Gravel · Power at road
499.9May 2, 2025$2,756,8005,5145,7931.4 mi
79
CO-939596
Gravel · Off grid
940.3Jul 27, 2026$4,050,3004,3076,14311.0 mi
74
CO-839271
Gravel · Full utilities
743.0Aug 6, 2025$3,865,9005,2035,0035.2 mi
71
CO-609755
Gravel · Power at road
1055.1Feb 17, 2025$3,425,0003,2464,3243.3 mi
65
CO-409978
Gravel · Power at road
1240.1Jun 27, 2025$4,239,3003,4194,7225.6 mi
64
CO-959353
Gravel · Full utilities
788.5Jun 18, 2024$4,047,1005,1325,25614.1 mi
61
CO-817330
Landlocked · Full utilities
182.1May 28, 2024$813,6004,4684,37710.0 mi
55
Show adjustment detail for the top comp
  • Tract size (730.77 ac → 510.56 ac)+11.6%
  • Access (Landlocked → Paved)+73.5%
  • 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.