Montezuma County, CO · Sold

CO-785140

3842 County Road 303

$559,200

$15,004/ac · 37.27 ac

Offer report Market this tract

Acreage37.27 ac

Price per acre$15,004/ac

ZoningResidential

Road accessPaved

UtilitiesPower at road

TopographyRolling

ListedJun 8, 2024

Coordinates37.2458, -108.6192

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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

Low risk

Wetlands5.3% of tract

Little to no mapped wetland coverage.

Average slope11.3%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

582 ft of deeded road frontage.

Power229 ft away

Power at or near the road.

Buildable area33.53 of 37.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$443,208

$374,379 – $512,038 · $11,892/ac on 37.27 ac

Asking vs estimate

+26.2%

Priced above the comp set

Weighted from 10 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 $559,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$253,262

$6,795/ac · +30.0% target margin

You need $305,938 off asking to hit this margin.

All-in cost$274,789

Net resale$407,752

Projected profit$132,962

ROI+48.4%

Annualized+69.2%

Break-even resale$8,014/ac

Profit if resale lands off target

-20%

$51,412

-10%

$92,187

$132,962

+10%

$173,738

+20%

$214,513

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CO-265583 Paved · Power at road	51.4	Jul 27, 2026	$673,600	13,112	13,966	13.6 mi	80
CO-185471 Gravel · Off grid	47.4	Aug 20, 2025	$362,500	7,652	11,569	3.9 mi	79
CO-965403 Gravel · Power at road	45.1	Oct 24, 2025	$390,800	8,668	10,955	5.9 mi	77
CO-226367 Paved · Power at road	90.7	Jul 27, 2026	$723,700	7,983	9,645	12.3 mi	73
CO-173664 Gravel · Power at road	12.8	Jul 27, 2026	$111,200	8,693	8,895	4.9 mi	72
CO-594771 Landlocked · Power at road	28.5	Nov 22, 2023	$197,400	6,919	12,801	4.3 mi	69
CO-424632 Dirt · Off grid	25.8	Sep 21, 2023	$223,400	8,661	14,775	10.5 mi	66
CO-244929 Dirt · Off grid	32.0	Jul 22, 2024	$227,700	7,116	12,163	14.5 mi	66
CO-954161 Gravel · Power at road	18.3	Sep 5, 2024	$221,000	12,052	13,839	11.6 mi	65
CO-506516 Dirt · Power at road	101.0	Aug 13, 2024	$574,600	5,689	10,476	12.5 mi	61

Show adjustment detail for the top comp

Tract size (51.37 ac → 37.27 ac)+6.3%

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.

Build the listing kit Post a deal or JV