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Cowlitz County, WA · Sold

WA-908815

1273 County Road 148

$2,198,900
$5,294/ac · 415 ac
Acreage415 ac
Price per acre$5,294/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedApr 17, 2026
Coordinates46.1942, -122.7693
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

Cowlitz County, Washington. Eastern Washington irrigated ground and Cascade foothill lots.

View Cowlitz market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
3
Low risk
Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope1.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,032 ft of deeded road frontage.

Power38 ft away

Power at or near the road.

Buildable area377.22 of 415.35 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,928,751
$1,442,068$2,415,435 · $4,644/ac on 415 ac
Asking vs estimate
+14.0%
Priced above the comp set

Weighted from 6 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 $2,198,900
Maximum allowable offer
$1,102,144
$2,654/ac · +30.0% target margin

You need $1,096,756 off asking to hit this margin.

All-in cost$1,195,826
Net resale$1,774,451
Projected profit$578,625
ROI+48.4%
Annualized+69.2%
Break-even resale$3,129/ac
Profit if resale lands off target
-20%
$223,735
-10%
$401,180
0%
$578,625
+10%
$756,070
+20%
$933,515
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WA-428277
Gravel · Full utilities
281.3Feb 8, 2026$2,872,50010,2126,5582.8 mi
81
WA-409081
Paved · Off grid
503.6Jul 27, 2026$2,347,6004,6624,24410.2 mi
79
WA-337226
Gravel · Off grid
131.4Jul 1, 2026$620,4004,7223,4717.7 mi
72
WA-327955
Dirt · Power at road
222.8Oct 10, 2024$1,085,2004,8724,3799.1 mi
71
WA-237356
Dirt · Power at road
144.3Jul 26, 2024$1,001,4006,9385,5838.9 mi
65
WA-199905
Gravel · Power at road
914.8Mar 10, 2024$2,466,6002,6963,2519.7 mi
59
Show adjustment detail for the top comp
  • Tract size (281.29 ac → 415.35 ac)-10.8%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (6 mo)+2.2%

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.