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Montrose County, CO · Sold

CO-943096

3961 County Road 232

$94,000
$11,085/ac · 8.48 ac
Acreage8.48 ac
Price per acre$11,085/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedAug 9, 2024
Coordinates38.5055, -108.3162
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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
16
Low risk
Wetlands17.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

533 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area6.69 of 8.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$110,999
$93,075$128,923 · $13,090/ac on 8.48 ac
Asking vs estimate
-15.3%
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 $94,000
Maximum allowable offer
$63,428
$7,480/ac · +30.0% target margin

You need $30,572 off asking to hit this margin.

All-in cost$68,819
Net resale$102,119
Projected profit$33,300
ROI+48.4%
Annualized+69.3%
Break-even resale$8,821/ac
Profit if resale lands off target
-20%
$12,876
-10%
$23,088
0%
$33,300
+10%
$43,512
+20%
$53,724
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-302281
Dirt · Off grid
4.7Jul 27, 2026$33,7007,17211,6055.1 mi
80
CO-982663
Dirt · Off grid
6.2Mar 8, 2026$41,7006,73211,2229.4 mi
74
CO-413007
Gravel · Power at road
8.0Oct 4, 2024$105,30013,24117,34211.3 mi
73
CO-751720
Paved · Power at road
3.1Jul 27, 2026$37,60012,01211,86415.4 mi
65
CO-432166
Paved · Power at road
4.3Oct 23, 2024$54,80012,69413,61510.9 mi
64
CO-344182
Gravel · Full utilities
18.6Nov 27, 2023$201,40010,81812,9919.9 mi
61
Show adjustment detail for the top comp
  • Tract size (4.7 ac → 8.48 ac)-3.3%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%

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.