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Montezuma County, CO · Sold

CO-626716

5102 County Road 108

$1,186,300
$10,163/ac · 117 ac
Acreage117 ac
Price per acre$10,163/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedJun 10, 2024
Coordinates37.3964, -108.4994
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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
51
Moderate risk
Wetlands43.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.9%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area62.99 of 116.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,089,947
$944,874$1,235,019 · $9,337/ac on 117 ac
Asking vs estimate
+8.8%
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 $1,186,300
Maximum allowable offer
$622,827
$5,336/ac · +30.0% target margin

You need $563,473 off asking to hit this margin.

All-in cost$675,767
Net resale$1,002,751
Projected profit$326,984
ROI+48.4%
Annualized+69.2%
Break-even resale$6,293/ac
Profit if resale lands off target
-20%
$126,433
-10%
$226,708
0%
$326,984
+10%
$427,259
+20%
$527,534
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-226367
Paved · Power at road
90.7Jul 27, 2026$723,7007,9837,7708.7 mi
83
CO-506672
Gravel · Off grid
113.1Feb 10, 2025$779,7006,89510,44012.6 mi
78
CO-265583
Paved · Power at road
51.4Jul 27, 2026$673,60013,11211,2515.8 mi
72
CO-506516
Dirt · Power at road
101.0Aug 13, 2024$574,6005,6898,4398.6 mi
69
CO-965403
Gravel · Power at road
45.1Oct 24, 2025$390,8008,6688,82514.3 mi
67
CO-185471
Gravel · Off grid
47.4Aug 20, 2025$362,5007,6529,32014.5 mi
62
CO-817330
Landlocked · Full utilities
182.1May 28, 2024$813,6004,4688,08114.7 mi
62
CO-785140
Paved · Power at road
37.3Jul 15, 2025$475,90012,76810,75512.3 mi
57
Show adjustment detail for the top comp
  • Tract size (90.65 ac → 116.73 ac)-6.1%
  • Access (Paved → Gravel)-15.3%
  • 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.