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Montezuma County, CO · Sold

CO-680660

5117 County Road 247

$11,600
$8,000/ac · 1.45 ac
Acreage1.45 ac
Price per acre$8,000/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedDec 4, 2023
Coordinates37.2383, -108.7002
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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

5 items to verify before you offer.

Risk index
40
Moderate risk
Wetlands23.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.1%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power7,054 ft away

A long utility run — price in solar/off-grid instead.

Buildable area1.05 of 1.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$12,155
$10,747$13,563 · $8,383/ac on 1.45 ac
Asking vs estimate
-4.6%
In line with the comp set

Weighted from 5 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 $11,600
Maximum allowable offer
$6,946
$4,790/ac · +30.0% target margin

You need $4,654 off asking to hit this margin.

All-in cost$7,536
Net resale$11,183
Projected profit$3,647
ROI+48.4%
Annualized+69.2%
Break-even resale$5,649/ac
Profit if resale lands off target
-20%
$1,410
-10%
$2,528
0%
$3,647
+10%
$4,765
+20%
$5,883
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-340135
Dirt · Full utilities
1.0Jul 27, 2026$12,90012,9809,02111.3 mi
78
CO-542210
Dirt · Full utilities
4.5Jul 27, 2026$50,10011,2368,07812.2 mi
73
CO-911288
Gravel · Power at road
2.3Mar 4, 2025$21,4009,3667,3259.1 mi
65
CO-262996
Paved · Power at road
7.9May 16, 2026$118,20014,9859,9569.1 mi
61
CO-841586
Gravel · Full utilities
2.8Mar 21, 2024$31,50011,0957,42114.8 mi
56
Show adjustment detail for the top comp
  • 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.