← New search
Montezuma County, CO · Sold

CO-283861

2899 County Road 47

$131,200
$8,889/ac · 14.76 ac
Acreage14.76 ac
Price per acre$8,889/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedMay 24, 2024
Coordinates37.4144, -108.7101
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

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands1.8% of tract

Little to no mapped wetland coverage.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area13.77 of 14.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$179,654
$151,481$207,826 · $12,172/ac on 14.76 ac
Asking vs estimate
-27.0%
Priced below 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 $131,200
Maximum allowable offer
$102,659
$6,955/ac · +30.0% target margin

You need $28,541 off asking to hit this margin.

All-in cost$111,385
Net resale$165,281
Projected profit$53,896
ROI+48.4%
Annualized+69.3%
Break-even resale$8,203/ac
Profit if resale lands off target
-20%
$20,840
-10%
$37,368
0%
$53,896
+10%
$70,424
+20%
$86,953
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-173664
Gravel · Power at road
12.8Jul 27, 2026$111,2008,6939,0118.6 mi
82
CO-262996
Paved · Power at road
7.9May 16, 2026$118,20014,98512,7643.2 mi
79
CO-143189
Landlocked · Off grid
9.1Oct 4, 2025$52,1005,74410,3459.7 mi
68
CO-542210
Dirt · Full utilities
4.5Jul 27, 2026$50,10011,23610,35716.4 mi
68
CO-265583
Paved · Power at road
51.4Jul 27, 2026$673,60013,11214,1486.9 mi
67
CO-954161
Gravel · Power at road
18.3Sep 5, 2024$221,00012,05214,01811.3 mi
66
CO-965403
Gravel · Power at road
45.1Oct 24, 2025$390,8008,66811,0979.2 mi
66
CO-424632
Dirt · Off grid
25.8Sep 21, 2023$223,4008,66114,9663.5 mi
66
CO-244929
Dirt · Off grid
32.0Jul 22, 2024$227,7007,11612,32011.8 mi
60
CO-785140
Paved · Power at road
37.3Jul 15, 2025$475,90012,76813,52412.7 mi
59
Show adjustment detail for the top comp
  • Tract size (12.79 ac → 14.76 ac)-1.4%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Full utilities)+22.0%

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.