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Montrose County, CO · Sold

CO-629291

288 County Road 246

$2,712,700
$3,598/ac · 754 ac
Acreage754 ac
Price per acre$3,598/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedFeb 16, 2024
Coordinates38.3156, -108.2626
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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

Montrose County, Colorado. Front Range spillover and San Luis Valley off-grid lots moving fast.

View Montrose market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
20
Low risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope17.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,791 ft of deeded road frontage.

Power2,658 ft away

Service extension needed; get a utility quote.

Buildable area569.34 of 753.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,129,331
$1,768,709$2,489,954 · $2,824/ac on 754 ac
Asking vs estimate
+27.4%
Priced above 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 $2,712,700
Maximum allowable offer
$1,216,761
$1,614/ac · +30.0% target margin

You need $1,495,939 off asking to hit this margin.

All-in cost$1,320,186
Net resale$1,958,985
Projected profit$638,799
ROI+48.4%
Annualized+69.2%
Break-even resale$1,903/ac
Profit if resale lands off target
-20%
$247,002
-10%
$442,900
0%
$638,799
+10%
$834,697
+20%
$1,030,596
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-599097
Dirt · Full utilities
655.0Oct 1, 2025$3,248,1004,9593,4306.0 mi
83
CO-827856
Dirt · Power at road
266.6Apr 2, 2026$1,066,2003,9992,53015.4 mi
65
CO-726847
Gravel · Off grid
128.3Jul 27, 2026$563,1004,3872,2679.5 mi
64
CO-577109
Landlocked · Off grid
155.2Feb 11, 2025$454,3002,9272,48113.0 mi
53
CO-207113
Landlocked · Off grid
155.6Nov 30, 2023$572,3003,6773,2679.6 mi
51
Show adjustment detail for the top comp
  • Tract size (655.05 ac → 753.89 ac)-4.2%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (10 mo)+3.7%

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.