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Routt County, CO · Sold

CO-729433

516 County Road 121

$2,164,700
$2,591/ac · 836 ac
Acreage836 ac
Price per acre$2,591/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedSep 20, 2024
Coordinates40.3929, -107.1117
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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

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

View Routt market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands36.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

4,750 ft of deeded road frontage.

Power11,002 ft away

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

Buildable area505.65 of 835.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,784,699
$2,321,619$3,247,779 · $3,333/ac on 836 ac
Asking vs estimate
-22.3%
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 $2,164,700
Maximum allowable offer
$1,591,256
$1,904/ac · +30.0% target margin

You need $573,444 off asking to hit this margin.

All-in cost$1,726,513
Net resale$2,561,923
Projected profit$835,410
ROI+48.4%
Annualized+69.2%
Break-even resale$2,246/ac
Profit if resale lands off target
-20%
$323,026
-10%
$579,218
0%
$835,410
+10%
$1,091,602
+20%
$1,347,795
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CO-689284
Dirt · Power at road
750.1Jul 21, 2026$1,548,6002,0652,3364.3 mi
85
CO-219781
Gravel · Power at road
1075.2Mar 24, 2026$3,456,0003,2143,5441.6 mi
80
CO-738843
Gravel · Off grid
545.0Jul 27, 2026$1,540,5002,8272,9336.5 mi
80
CO-499787
Gravel · Power at road
1079.8Jul 27, 2026$3,984,7003,6904,01611.8 mi
77
CO-537264
Paved · Power at road
173.6Jul 27, 2026$1,107,4006,3793,4208.1 mi
67
CO-317469
Dirt · Off grid
201.4Jun 3, 2026$781,3003,8793,51914.2 mi
63
CO-357595
Gravel · Power at road
220.7Apr 8, 2025$1,200,2005,4393,87815.3 mi
53
Show adjustment detail for the top comp
  • Tract size (750.08 ac → 835.57 ac)-3.3%
  • Access (Dirt → Paved)+37.2%
  • 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.