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Prowers County, CO · Sold

CO-738690

3004 County Road 203

$1,847,700
$3,788/ac · 488 ac
Acreage488 ac
Price per acre$3,788/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesFull utilities
TopographyRolling
ListedNov 28, 2023
Coordinates37.8935, -102.3243
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

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

View Prowers market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands5.0% of tract

Little to no mapped wetland coverage.

Average slope11.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area440.22 of 487.78 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,265,494
$1,727,339$2,803,649 · $4,644/ac on 488 ac
Asking vs estimate
-18.4%
Priced below the comp set

Weighted from 7 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 $1,847,700
Maximum allowable offer
$1,294,568
$2,654/ac · +30.0% target margin

You need $553,132 off asking to hit this margin.

All-in cost$1,404,606
Net resale$2,084,255
Projected profit$679,648
ROI+48.4%
Annualized+69.2%
Break-even resale$3,130/ac
Profit if resale lands off target
-20%
$262,797
-10%
$471,223
0%
$679,648
+10%
$888,074
+20%
$1,096,499
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-808429
Landlocked · Off grid
403.8Jun 21, 2026$1,428,7003,5394,8304.5 mi
85
CO-538871
Paved · Power at road
556.1Oct 18, 2024$3,818,5006,8665,4086.8 mi
71
CO-758077
Dirt · Full utilities
312.9Oct 27, 2024$2,516,6008,0445,9964.5 mi
70
CO-698164
Dirt · Full utilities
333.2Oct 19, 2024$1,541,2004,6253,5155.7 mi
69
CO-959450
Gravel · Off grid
845.9Dec 8, 2024$2,372,0002,8043,4687.8 mi
64
CO-427182
Gravel · Full utilities
163.6Mar 16, 2025$1,848,30011,2985,9428.8 mi
61
CO-667175
Dirt · Power at road
162.8Feb 20, 2025$687,3004,2223,1545.1 mi
60
Show adjustment detail for the top comp
  • Tract size (403.75 ac → 487.78 ac)-5.5%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (2 mo)+0.6%

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.