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Montrose County, CO · Sold

CO-344182

5668 County Road 321

$204,300
$10,972/ac · 18.62 ac
Acreage18.62 ac
Price per acre$10,972/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedOct 28, 2023
Coordinates38.3943, -108.2000
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County GIS boundary

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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
22
Low risk
Wetlands19.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

793 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area14.33 of 18.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$236,798
$187,680$285,916 · $12,717/ac on 18.62 ac
Asking vs estimate
-13.7%
Priced below the comp set

Weighted from 6 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 $204,300
Maximum allowable offer
$135,313
$7,267/ac · +30.0% target margin

You need $68,987 off asking to hit this margin.

All-in cost$146,815
Net resale$217,854
Projected profit$71,040
ROI+48.4%
Annualized+69.3%
Break-even resale$8,570/ac
Profit if resale lands off target
-20%
$27,469
-10%
$49,254
0%
$71,040
+10%
$92,825
+20%
$114,610
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-854859
Gravel · Off grid
30.4Sep 17, 2024$298,0009,80016,2894.1 mi
73
CO-625426
Gravel · Full utilities
45.9Dec 29, 2025$443,7009,67711,4517.5 mi
70
CO-982663
Dirt · Off grid
6.2Mar 8, 2026$41,7006,73210,4133.2 mi
68
CO-943096
Gravel · Full utilities
8.5Oct 15, 2024$81,5009,6119,6059.9 mi
64
CO-413007
Gravel · Power at road
8.0Oct 4, 2024$105,30013,24116,0916.1 mi
63
CO-335051
Landlocked · Power at road
34.9May 8, 2024$197,5005,65212,18711.9 mi
59
Show adjustment detail for the top comp
  • Tract size (30.41 ac → 18.62 ac)+7.2%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (23 mo)+8.0%

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.