Comparable sales & offer analysis
Parcel CO-409978
Montezuma County, CO · 1,240 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$4,201,500
Adjusted value
$4,840,462
Value range
$4,228,791–$5,452,132
Comp $/acre
$3,903/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.2% versus the adjusted value.
Offer position
Max allowable offer
$2,765,978
Offer $/acre
$2,230/ac
Projected profit
$1,452,139
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| CO-939596 | 940.3 | Jul 27, 2026 | $4,050,300 | 4,307 | 4,660 | 83 |
| CO-609755 | 1055.1 | Feb 17, 2025 | $3,425,000 | 3,246 | 3,280 | 75 |
| CO-619248 | 730.8 | Jul 27, 2026 | $2,857,500 | 3,910 | 4,009 | 74 |
| CO-839271 | 743.0 | Aug 6, 2025 | $3,865,900 | 5,203 | 3,795 | 70 |
| CO-618753 | 510.6 | Apr 8, 2026 | $2,556,100 | 5,006 | 3,854 | 69 |
| CO-959353 | 788.5 | Jun 18, 2024 | $4,047,100 | 5,132 | 3,987 | 68 |
| CO-968724 | 499.9 | May 2, 2025 | $2,756,800 | 5,514 | 4,395 | 68 |
| CO-658923 | 577.5 | Sep 30, 2025 | $1,251,600 | 2,167 | 3,070 | 62 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.