Rural Homes for Sale in Colorado

• 

  

  

  /24

  $200,000

  • Land
  • 36.37 Acres
  • $5,499 per Acre

  Place, Byers, CO 80103

  Parcel 16 - 36.37 Acres | Byers, CO | Arapahoe CountyFour large, vacant parcels of land are now available just south of Strasburg/Byers, Colorado in Arapahoe County - offering the space, privacy, and freedom that is increasingly hard to find along the Front Range. This 36.37-acre parcel is a blank canvas ready for your vision, whether that means a custom dream home, a rural retreat, an

  Ethan Janicki Great Plains Land Company, LLC

  Place, Byers, CO 80103
• 

  

  

  /29

  $75,000

  • Land
  • 5.4 Acres
  • $13,889 per Acre

  40 Alex Ct, Cotopaxi, CO 81223

  Located approximately 90 minutes from both Colorado Springs and Pueblo, this gated parcel offers a private, functional setting suited for camping, recreation, or future development. With several improvements already in place, the property provides immediate usability in a quiet, rural setting. The property includes a 20 shipping container that has been converted into a mobile cabin, complete with

  Rob Herrmann Whitetail Properties Real Estate

  40 Alex Ct, Cotopaxi, CO 81223
• 

  

  

  /21

  $40,000

  • Land
  • 40 Acres
  • $1,000 per Acre

  Road N104, Mosca, CO 81146

  Alamosa County, CO - 40 AcresPanoramic Mountain Views | County Road Frontage | Electricity Nearby | Affordable San Luis Valley PropertyEscape the hustle and bustle of city life with this affordable 40-acre parcel in Alamosa County, Colorado, offering panoramic views of the majestic Sangre de Cristo Mountains. The property features level, usable terrain and convenient year-round

  Daniel Hunning Great Plains Land Company, LLC

  Road N104, Mosca, CO 81146
• 

  

  

  /24

  $1,950

  • Land
  • 7,840 Sq Ft
  • $10,833 per Acre

  Summit Ct, Colorado City, CO 81019

  Purchase Price only $ 1,950.00 !!! Total, All In Price! Hello And Welcome to the Greenhorn Valley, Colorado's Best Kept Secret!  Located at the southern end of Colorado's front range in the eastern shadow Mt. Greenhorn is in Colorado City, Colorado. This wonderful community boasts a selection of interspersed homes, stores, schools, restaurants, Hollydot Golf Course, Saddle Club,

  JD JD Landed Ground

  Summit Ct, Colorado City, CO 81019
• 

  

  

  /7

  $365,000

  $10K PRICE DROP

  • Land
  • 4 Acres
  • $91,250 per Acre

  6819 W County Road 18, Loveland, CO 80537

  PRICE REDUCED - MOTIVATED SELLERS! Located within the prestigious Rocky Mountain Ohana Ranch community, the 4-acre Ohana Ranch Estate Lot offers a rare opportunity to create a custom mountain estate with sweeping valley and Front Range views. Situated on the desirable west side of Loveland, Colorado, this premier homesite combines the privacy and tranquility of rural acreage living with

  Dan Brunk Hayden Outdoors - Windsor

  6819 W County Road 18, Loveland, CO 80537
• 

  

  /12

  $99,900

  • Land
  • 35 Acres
  • $2,854 per Acre

  1565 County Road 103, Florence, CO 81226

  These mountain ranch properties range from approximately 35 to 70 acres and are located within driving distance of Canon City and Colorado Springs. The properties include access by maintained gravel roads, with electric access available, and are not subject to an HOA.The land features a mix of heavily treed areas, varied mountain terrain, seasonal creeks, and open view corridors with mountain

  Colorado Ranches Colorado Land & Ranches

  1565 County Road 103, Florence, CO 81226
• 

  

  /11

  $101,400

  • Land
  • 50.7 Acres
  • $2,000 per Acre

  71 Tract 21a Altair Rd, Del Norte, CO 81132

  This lot sits in a gated community of Pronghorn Ranch and contains buildable locations. Pronghorn Ranch is located 2.5 miles south of the town of Del Norte, but the feel is private. Here the panoramic view encompasses the mountains, valley, and visually interesting rock outcroppings. Natural grasses and evergreen trees dot the landscape. In this area, you will see Mule Deer, Elk, Cranes, and a

  Bruce Steffens Steffens & Company Realty

  71 Tract 21a Altair Rd, Del Norte, CO 81132
• 

  

  /48

  $6,300,000

  • Land
  • 167 Acres
  • $37,725 per Acre

  12414 S US Hwy 285, Conifer, CO 80433

  The 167± acre Clifton Meadows located 45 minutes from Downtown Denver near the town centers of Evergreen and Conifer along the Highway 285 corridor, is unique amongst its competitors due to its mix of recreational qualities, future development qualities and immediate potential for cash flow. The landscape features rolling mountain meadows, healthy ponderosa pine and aspen stands, and

  Michael Ledger Confluence Land Company

  12414 S US Hwy 285, Conifer, CO 80433
• 

  

  /49

  $424,900

  • 3 Beds
  • 2 Baths
  • 1,596 Sq Ft

  3316 Carlson Rd, Rye, CO 81069

  Located within Ghost River Ranch in Huerfano County, Colorado, this 35.1+/- acre property offers a combination of residential comfort, usable acreage, mountain views, outbuildings, and access to the outdoor recreation opportunities of southern Colorado. The property features a 3-bedroom, 2-bathroom, approximately 1,596-square-foot log-style ranch home, a 20x40 metal shop with electricity, fencing

  Eric Martinez Whitetail Properties Real Estate

  3316 Carlson Rd, Rye, CO 81069
• 

  

  /42

  $156,000

  • Land
  • 61.1 Acres
  • $2,553 per Acre

  00 Cr E 5 County 12 5, Antonito, CO 81120

  Introducing High Desert Mountain Vista Homesite! Ideally situated in Conejos County, Colorado, in the southern reaches of the expansive San Luis Valley, this +/- 61-acre property offers wide-open space, incredible mountain views, and convenient access just minutes from Antonito, Colorado. The valley is framed by the San Juan Mountains to the west and the Sangre de Cristo Mountains to the east,

  Jacob Lemons Arrowhead Land Company

  00 Cr E 5 County 12 5, Antonito, CO 81120
• 

  

  /29

  $365,000

  $10K PRICE DROP

  • Land
  • 39.5 Acres
  • $9,241 per Acre

  Tbd Kiowa-Bennett Rd, Bennett, CO 80102

  Expansive 39.5-Acres with Mountain ViewsDiscover the perfect blend of rural tranquility and urban convenience on this stunning 39.5-acre parcel in Arapahoe County. Situated along Kiowa-Bennett Road, this exceptional property offers breathtaking views of the Rocky Mountains and endless possibilities for your dream Colorado estate.Location is everything, and this property delivers.

  Ethan Janicki Great Plains Land Company, LLC

  Tbd Kiowa-Bennett Rd, Bennett, CO 80102
• 

  

  /10

  $275,000

  $45K PRICE DROP

  • Land
  • 320 Acres
  • $859 per Acre

  12496 County Road 45, Center, CO 81125

  Unlock the endless potential of 320± pristine acres in south-central Colorado—a premier canvas for visionary developers or buyers craving an exclusive mountain legacy retreat. Immerse yourself in breathtaking, uninterrupted alpine panoramas and world-class, pitch-black night skies perfect for stargazing. Minutes from Center and adjacent to expansive National Forest land, this pristine acreage

  Dan Shuford Century 21 Community First

  

  12496 County Road 45, Center, CO 81125
• 

  

  /26

  $40,000

  • Land
  • 40 Acres
  • $1,000 per Acre

  Tbd Vista View Dr Unit 107D, Walsenburg, CO 81089

  Located in the Turkey Ridge Ranch subdivision of Huerfano County, Colorado, this 40+/- acre property offers a combination of mountain views, gentle terrain, recreational opportunities, wildlife habitat, and convenient access to Southern Colorado. The property is positioned in an open rural setting with sweeping views toward the Spanish Peaks and Greenhorn Mountain. With thousands of acres of

  Eric Martinez Whitetail Properties Real Estate

  Tbd Vista View Dr Unit 107D, Walsenburg, CO 81089
• 

  

  /8

  $83,880

  • Land
  • 41.9 Acres
  • $2,002 per Acre

  0 Tract 41 Wapiti Ridge Rd Unit 23725372, Del Norte, CO 81132

  This lot sits in a gated community of Pronghorn Ranch and contains buildable locations. Pronghorn Ranch is located 2.5 miles south of the town of Del Norte, but the feel is private. Here the panoramic view encompasses the mountains, valley, and visually interesting rock outcroppings. Natural grasses and evergreen trees dot the landscape. In this area, you will see Mule Deer, Elk, Cranes, and a

  Bruce Steffens Steffens & Company Realty

  0 Tract 41 Wapiti Ridge Rd Unit 23725372, Del Norte, CO 81132
• 

  

  /30

  $975,000

  • Land
  • 21 Acres
  • $46,429 per Acre

  1988 Lake Dr, Larkspur, CO 80118

  Nestled in the scenic Plum Creek Valley of Larkspur, this exceptional 21-acre parcel of land offers a rare opportunity to build your dream estate surrounded by the quiet beauty of the Front Range. The parcel is rolling in nature with views of the Buttes & Rock Outcroppings with a few pine trees nestled on the land. Encompassed by rolling hills, native pastures, dramatic buttes, and distant

  Mason Company Mason & Morse Ranch Company

  1988 Lake Dr, Larkspur, CO 80118
• 

  

  /17

  $11,975,000

  • Land
  • 0 Sq Ft

  0 Multiple Unit 28845631, Keenesburg, CO 80643

  Welcome to Summerfield South Subdivision, a final platted, thoughtfully planned residential community offering small-town living with big city access. If you're looking to invest in residential development or create a community in a convenient and growing location, Summerfield South Subdivision offers an exceptional combination of small-town character, outdoor spaces, and access to major

  Seth Hayden Hayden Outdoors Real Estate

  0 Multiple Unit 28845631, Keenesburg, CO 80643
• 

  

  /30

  $540,000

  • Land
  • 12.31 Acres
  • $43,867 per Acre

  Tbd Unit Cr 15 South Fork, South Fork, CO 81154

  Nestled along the storied waters of Colorado’s Gold Medal Rio Grande, this 12.36 acre tract presents a rare opportunity to own private river frontage in one of the most coveted fishing corridors in the Rockies. Located just outside the welcoming town of South Fork, the property blends accessibility, beauty, and investment potential in a setting that anglers, recreationists, and investors

  James Massie Hayden Outdoors Real Estate

  Tbd Unit Cr 15 South Fork, South Fork, CO 81154
• 

  /2

  $140

  • Land
  • 5.04 Acres
  • $28 per Acre

  6340 Boulder Blvd, Blanca, CO 81123

  Easy Owner Financing Available at $140 for 60 months. Are you dreaming of a life away from the hustle and bustle of city living? This stunning 5.04-acre parcel in Costilla County, Colorado, offers the perfect opportunity for those seeking to disconnect and embrace an off-grid lifestyle. Nestled in the peaceful town of Blanca, this residential vacant land provides you with the freedom to

  Steven Morrison Jass Big Sky Property

  6340 Boulder Blvd, Blanca, CO 81123
• 

  

  /52

  $8,750,000

  • Land
  • 273 Acres
  • $32,051 per Acre

  12414 S US Hwy 285, Conifer, CO 80433

  Gooseberry Gulch Ranch encompasses 273± acres near Conifer, Colorado, along the scenic Highway 285 corridor, which serves as a gateway between the Front Range and Colorado’s high country. At 45 minutes from downtown Denver and only minutes from the town centers of Conifer and Evergreen, the property blends mountain living with everyday convenience. Its combination of open meadows, timbered

  Michael Ledger Confluence Land Company

  12414 S US Hwy 285, Conifer, CO 80433
• 

  

  /6

  $169

  • Land
  • 4.66 Acres
  • $36 per Acre

  Jerry Rd, Mesita, CO 81152

  Claim Your 4.66 Acres in Beautiful Costilla, CO Near the Rio Grande River, $169 for 60 Month With Affordable Owner Financing.Experience the beauty of Costilla, Colorado with this stunning 4.66-acre property surrounded by expansive skies, breathtaking mountain views, and the quiet charm of the high desert. Whether you envision building a cozy cabin, creating the perfect RV getaway, or

  Susie Gravette SG2 Adventures

  Jerry Rd, Mesita, CO 81152
• 

  

  /26

  $6,000,000

  • Land
  • 307 Acres
  • $19,544 per Acre

  0 Tbd Hwy 160 Unit 25185992, Mancos, CO 81328

  Highly Productive Gravel Pit for Sale near Mancos, Colorado! This 307+/- acre commercial property boasts an estimated 2 million tons of high-quality alluvial reserves, perfect for road base, asphalt production, and concrete materials. With direct access to Highway 160 and proximity to major construction markets, along with active/transferable permits, this is a rare investment

  Landry Cogburn Hayden Outdoors Real Estate

  0 Tbd Hwy 160 Unit 25185992, Mancos, CO 81328
• 

  

  /24

  $185,000

  $10K PRICE DROP

  • Land
  • 36.4 Acres
  • $5,082 per Acre

  18523 Road 26, Dolores, CO 81323

  Located just minutes from the town of Dolores, this 36.4± acre parcel offers privacy, usable terrain, and close proximity to some of Southwest Colorado’s best recreation. The property sits only a few minutes from McPhee Reservoir, the largest body of water in the region and a hub for boating, fishing, and outdoor recreation. The land features a scenic canyon rim setting with a gentle south-facing

  Robert Brooks Whitetail Properties Real Estate LLC

  18523 Road 26, Dolores, CO 81323
• 

  

  /28

  $99,900

  • Land
  • 45.3 Acres
  • $2,205 per Acre

  7155 Pine Bluff Ln, Pueblo, CO 81004

  Located in the East Hatchet Ranch HOA in Pueblo County, Colorado, this 45.3 acre property offers a strong combination of usable land, structural improvements, and big mountain views in a highly desirable Southern Colorado setting. Positioned along Pine Bluff Lane, the parcel provides convenient access while maintaining a private and open feel surrounded by wide landscapes and native habitat.The

  Eric Martinez Whitetail Properties Real Estate

  7155 Pine Bluff Ln, Pueblo, CO 81004
• 

  

  /30

  $1,180,000

  $15K PRICE DROP

  • 3 Beds
  • 4 Baths

  14780 2800th Rd, Hotchkiss, CO 81419

  Live your Western Colorado dream on 40 private acres with stunning views of the Grand Mesa and Black Canyon. This 3BD/4BA ranch home blends rustic charm and modern comfort--custom woodwork, moss rock fireplaces, solar power, and handcrafted details throughout. Groomed trails, wildlife, open meadows, and water for gardens or livestock make this a true rural retreat near Hotchkiss and

  Twila Geroux Hayden Outdoors Real Estate

  14780 2800th Rd, Hotchkiss, CO 81419
• 

  

  /44

  $349,000

  $30K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,680 Sq Ft

  984 County Road 340, Walsenburg, CO 81089

  Fresh off a county-issued certificate of occupancy, this stunning new construction home is move-in ready and waiting for its second owner. Thoughtfully crafted and quality built, this 2-bedroom, 1-bathroom residence with an attached 2-car garage sits on 35+/- acres just a half mile outside the charming town of Walsenburg -- offering the perfect balance of rural freedom and everyday convenience

  Bachman Associates Bachman & Associates

  984 County Road 340, Walsenburg, CO 81089
• 

  

  /23

  $34,900

  $2K PRICE DROP

  • Land
  • 3.71 Acres
  • $9,407 per Acre

  Tbd B St, Cotopaxi, CO 81223

  Located in Fremont County, Colorado, this 3.71+/- acre parcel offers an excellent opportunity for those seeking a recreational or hunting property with nearby access to public land and mountain views. Positioned on the southern face at roughly 7,600 feet in elevation and sloping to about 7,530 feet, the property features diverse terrain suitable for a future cabin site, small camp setup, or

  Eric Martinez Whitetail Properties Real Estate

  Tbd B St, Cotopaxi, CO 81223
• 

  

  /23

  $229,000

  $20K PRICE DROP

  • Land
  • 5.26 Acres
  • $43,536 per Acre

  Tbd Begonia Rd, Olathe, CO 81425

  Prime building lot located between Delta and Olathe, Colorado. This 5.26 acre property includes approximately 5.26 shares of UVWUA irrigation and offers a rare combination of privacy, usability, and convenience. A water tap is already installed, and electric is located next door within approximately 100 feet. Enjoy beautiful views of Grand Mesa along with the peace and quiet of country living.

  Tyler Housley Whitetail Properties Real Estate

  Tbd Begonia Rd, Olathe, CO 81425
• 

  

  /30

  $7,997

  $8K PRICE INCREASE

  • Land
  • 4.65 Acres
  • $1,720 per Acre

  Frank Rd, Alamosa, CO 81151

  Picture yourself owning a wide-open piece of Colorado where the mountains stretch across the horizon and the only sounds are the wind, wildlife, and the occasional passing bird. This is all possible with just $177 a month.This beautiful 4.65-acre property on Frank Rd in San Acacio offers the freedom, privacy, and space you've been looking for at a price that's hard to

  Cameron Peterson Revival Properties, LLC

  Frank Rd, Alamosa, CO 81151
• 

  

  /44

  $616,000

  • Land
  • 535.51 Acres
  • $1,150 per Acre

  Rd, Dove Creek, CO 81324

  Rare in this arid corner of Southwest Colorado: County Line Ranch carries five ponds, three of them holding water year-round, on 535 acres in the heart of GMU 711, a unit known for trophy mule deer. The ranch qualifies for the Colorado Landowner Preference Program and offers over-the-counter elk tags, giving owners consistent hunting access without waiting on a draw. The ranch also sits in an

  Robert Brooks Whitetail Properties Real Estate

  Rd, Dove Creek, CO 81324
• 

  

  /13

  $150,000

  $15K PRICE DROP

  • Land
  • 75 Acres
  • $2,000 per Acre

  Akron Rural 75, Akron, CO 80720

  Featuring 75± deeded acres located just two miles from Akron and 1 mile east of Colorado State Highway 63. This exceptional rural home site offers the perfect balance of privacy and convenience. A well drilled in 1999 is included, with power available along the western boundary through Y-W Electric Association. County road access runs along the west side for easy, year-round entry. Rolling

  Cory Clark Clark & Associates Land Brokers

  Akron Rural 75, Akron, CO 80720
• 

  

  /50

  $575,000

  • 4 Beds
  • 2 Baths
  • 2,280 Sq Ft

  3292 Bar 10 Rd, Calhan, CO 80808

  Bar 10 Ranch offers 35.06 fenced acres designed for country living and horse ownership. The property features a spacious 2,280-square-foot, four-bedroom, two-bath home highlighted by a cozy wood-burning stove, a five-stall horse barn with runs and tack room, and fully fenced and cross-fenced pasture ready for livestock. Enjoy wide-open views, privacy, and convenient access to Colorado

  Kevin Kersey Hayden Outdoors Real Estate

  3292 Bar 10 Rd, Calhan, CO 80808
• 

  

  /27

  $4,200,000

  • 1 Bed
  • 1 Bath
  • 693 Sq Ft

  11050 N Foothills Hwy, Longmont, CO 80503

  Elk Mountain Ranch encompasses 51.26± acres at the base of the foothills in Boulder County, just over 10 miles from Pearl Street. Featuring irrigated meadows, mature timber, fantastic views, historic agricultural improvements, and 85 shares of Lefthand Ditch water, the property offers a rare combination of privacy, agricultural utility, wildlife habitat, and future flexibility in one of

  Chase Hinson Hayden Outdoors Real Estate

  11050 N Foothills Hwy, Longmont, CO 80503
• 

  

  /26

  $449,000

  • Land
  • 140 Acres
  • $3,207 per Acre

  Tbd Cr 310, Ignacio, CO 81137

  Discover 140 acres of scenic Southwest Colorado beauty with rolling terrain, mature pinon and juniper trees, and beautiful La Plata Mountain views. This private property offers mule deer and small game hunting, abundant wildlife, and endless opportunities for recreation or your dream retreat. With no covenants or conservation easement, you'll enjoy the freedom to build, ranch, hunt, or simply

  Wendell Qualls Hayden Outdoors Real Estate

  Tbd Cr 310, Ignacio, CO 81137
• 

  

  /21

  $475,000

  $75K PRICE DROP

  • Land
  • 2.38 Acres
  • $199,580 per Acre

  30224 Us Highway 24 N, Buena Vista, CO 81211

  Mixed-Use Rural lot for sale in Buena Vista, CO. 2.38 acres with approx. 279 ft of Highway 24 frontage. Per the new Chaffee County Land Use Code, effective 1/1/2025, the purpose of the Mixed-Use Rural zoning district is to promote economic development that is consistent with existing recreation, agricultural, and tourism-based amenities, including recreation companies, campgrounds, and

  Jeff Post C21 Community First

  30224 Us Highway 24 N, Buena Vista, CO 81211
• 

  

  /12

  $10,499

  • Land
  • 2.5 Acres
  • $4,200 per Acre

  0 Mesa Dr W, San Luis, CO 81152

  Build Your Back-to-Basics Homestead on Wild Horse MesaInvest in this beautiful 2.5-acre building lot WITH POWER for just $10,499!Just $799 down and $199/month for 60 months.If youve been searching for a place where you can live deliberately, build simply, and reconnect with the land, this 2.5-acre parcel WITH POWER on Wild Horse Mesa in Costilla County, Colorado deserves your

  Larry Overstreet J3 Land

  0 Mesa Dr W, San Luis, CO 81152
• 

  

  /26

  $240,000

  • Land
  • 37.9 Acres
  • $6,332 per Acre

  0 Tbd Hwy 151 Unit 28599756, Ignacio, CO 81137

  37 acres with approximately 20 acres of irrigable land and expansive views of the La Plata Mountains and beautiful farm country to the southeast. Enjoy privacy and flexibility with no covenants or HOA. Conveniently located just 15 minutes from Ignacio and only 10 minutes from Navajo Lake, offering boating, fishing, and abundant outdoor recreation. A great opportunity for a rural Colorado property

  Wendell Qualls Hayden Outdoors Real Estate

  0 Tbd Hwy 151 Unit 28599756, Ignacio, CO 81137
• 

  

  /46

  $975,000

  • 2 Beds
  • 2 Baths
  • 1,392 Sq Ft

  9901 County Road 120, Salida, CO 81201

  Discover comfortable Colorado Country living at 9901 County Road 120, conveniently located just minutes from downtown Salida, all the area’s abundant recreational opportunities, and even closer to the many restaurants, winery's and breweries, and shopping amenities, and the Chaffee County Fairground in Poncha Springs. Set on more than five acres with beautiful mountain views, this two-bedroom,

  Martin Epp Century 21 Community First

  

  9901 County Road 120, Salida, CO 81201
• 

  

  /25

  $75,000

  • Land
  • 40.69 Acres
  • $1,843 per Acre

  Tbd Pickney Rd, Rye, CO 81069

  If you've been searching for a Colorado property that offers privacy, natural beauty, and the opportunity to create your ideal rural retreat, this scenic building lot deserves a closer look. Located within easy reach of Rye and Pueblo, the property combines the peace and quiet of country living with convenient access to nearby amenities, making it an attractive option for a full-time residence,

  Eric Martinez Whitetail Properties Real Estate

  Tbd Pickney Rd, Rye, CO 81069
• 

  

  /25

  $26,000

  $4K PRICE DROP

  • Land
  • 40.5 Acres
  • $642 per Acre

  Tbd County Road 88, Model, CO 81059

  This 40.5 acre parcel in Las Animas County, Colorado, offers a rare remote, off-grid opportunity with direct access on two sides via rural county roads. The land gently slopes upward to the west, featuring scattered pinon-juniper along the western edge, as well as native vegetation like tree cholla and eastern prickly pear cactus. Elevated points provide views of Greenhorn Mountain to the west

  Eric Martinez Whitetail Properties Real Estate

  Tbd County Road 88, Model, CO 81059
• 

  

  /81

  $1,990,000

  $260K PRICE DROP

  • 5 Beds
  • 3 Baths
  • 3,200 Sq Ft

  10795 52 1 2 Rd, Mesa, CO 81643

  Bull Creek Ranch - 355 Acre Off-Grid Mountain & Hunting Property Near Mesa, ColoradoTucked into the high country near Mesa, Colorado, Bull Creek Ranch is a 355 acre mountain recreational property that combines conserved open land, proven big-game habitat, and a fully improved off-grid homestead. Roughly 270 acres are protected by a Rocky Mountain Elk Foundation conservation easement that

  Gary Hubbell United Country Colorado Brokers, Inc.

  10795 52 1 2 Rd, Mesa, CO 81643

Showing Results 321 - 360, Page 9 of 18