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Bingham County, ID · Sold

ID-569429

2480 County Road 123

$2,375,900
$3,019/ac · 787 ac
Acreage787 ac
Price per acre$3,019/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedOct 30, 2024
Coordinates43.2864, -112.2931
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

Bingham County, Idaho. Panhandle and Magic Valley acreage; out-of-state cash buyers set the pace.

View Bingham market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
25
Low risk
Wetlands1.3% of tract

Little to no mapped wetland coverage.

Average slope28.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,980 ft of deeded road frontage.

Power206 ft away

Power at or near the road.

Buildable area465.98 of 786.87 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,052,400
$1,477,728$2,627,072 · $2,608/ac on 787 ac
Asking vs estimate
+15.8%
Priced above the comp set

Weighted from 10 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 $2,375,900
Maximum allowable offer
$1,172,800
$1,490/ac · +30.0% target margin

You need $1,203,100 off asking to hit this margin.

All-in cost$1,272,488
Net resale$1,888,208
Projected profit$615,720
ROI+48.4%
Annualized+69.2%
Break-even resale$1,758/ac
Profit if resale lands off target
-20%
$238,078
-10%
$426,899
0%
$615,720
+10%
$804,541
+20%
$993,362
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ID-349348
Landlocked · Power at road
742.0Jul 9, 2026$1,559,5002,1023,0482.6 mi
93
ID-959389
Paved · Power at road
764.4Feb 9, 2025$1,371,6001,7941,60310.1 mi
75
ID-759963
Paved · Off grid
1158.5May 22, 2026$2,617,0002,2592,56410.5 mi
75
ID-569456
Dirt · Off grid
802.4May 4, 2024$2,024,6002,5233,8062.6 mi
74
ID-969291
Dirt · Off grid
712.0Dec 31, 2025$754,7001,0601,44313.6 mi
74
ID-848374
Gravel · Power at road
366.4Aug 28, 2025$1,153,0003,1472,5981.2 mi
74
ID-339334
Dirt · Off grid
734.5Jul 5, 2024$902,9001,2291,79211.6 mi
68
ID-108256
Gravel · Full utilities
336.4Feb 19, 2025$1,172,1003,4842,3483.5 mi
66
ID-589931
Dirt · Off grid
1132.0Oct 15, 2024$2,665,8002,3553,88413.8 mi
63
ID-838337
Gravel · Power at road
356.7Dec 30, 2023$1,254,7003,5173,07410.9 mi
61
Show adjustment detail for the top comp
  • Tract size (742.03 ac → 786.87 ac)-1.8%
  • Access (Landlocked → Gravel)+47.1%
  • Market time (1 mo)+0.4%

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.