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Montezuma County, CO · Sold

CO-424632

2118 County Road 166

$247,100
$9,581/ac · 25.79 ac
Acreage25.79 ac
Price per acre$9,581/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedAug 20, 2023
Coordinates37.3950, -108.6505
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
13
Low risk
Wetlands7.2% of tract

Little to no mapped wetland coverage.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,034 ft of deeded road frontage.

Power12,612 ft away

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

Buildable area22.74 of 25.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$204,306
$177,690$230,921 · $7,922/ac on 25.79 ac
Asking vs estimate
+20.9%
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 $247,100
Maximum allowable offer
$116,746
$4,527/ac · +30.0% target margin

You need $130,354 off asking to hit this margin.

All-in cost$126,669
Net resale$187,961
Projected profit$61,292
ROI+48.4%
Annualized+69.2%
Break-even resale$5,339/ac
Profit if resale lands off target
-20%
$23,700
-10%
$42,496
0%
$61,292
+10%
$80,088
+20%
$98,884
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-265583
Paved · Power at road
51.4Jul 27, 2026$673,60013,1129,1864.7 mi
75
CO-173664
Gravel · Power at road
12.8Jul 27, 2026$111,2008,6935,8515.8 mi
74
CO-785140
Paved · Power at road
37.3Jul 15, 2025$475,90012,7688,78110.5 mi
72
CO-244929
Dirt · Off grid
32.0Jul 22, 2024$227,7007,1168,0008.8 mi
72
CO-185471
Gravel · Off grid
47.4Aug 20, 2025$362,5007,6527,60910.2 mi
72
CO-954161
Gravel · Power at road
18.3Sep 5, 2024$221,00012,0529,1027.9 mi
71
CO-594771
Landlocked · Power at road
28.5Nov 22, 2023$197,4006,9198,4206.4 mi
69
CO-262996
Paved · Power at road
7.9May 16, 2026$118,20014,9858,2883.1 mi
69
CO-965403
Gravel · Power at road
45.1Oct 24, 2025$390,8008,6687,2058.6 mi
68
CO-283861
Dirt · Full utilities
14.8Jun 29, 2024$140,3009,5026,7223.5 mi
68
Show adjustment detail for the top comp
  • Tract size (51.37 ac → 25.79 ac)+12.8%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Off grid)-15.0%

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.