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Custer County, OK · Sold

OK-907078

1823 County Road 240

$328,200
$2,433/ac · 135 ac
Acreage135 ac
Price per acre$2,433/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedSep 13, 2023
Coordinates35.5923, -99.0614
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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

Custer County, Oklahoma. Cross Timbers hunting tracts and cattle ground; mineral rights often severed.

View Custer market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
23
Low risk
Wetlands16.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,651 ft of deeded road frontage.

Power11,674 ft away

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

Buildable area107.50 of 134.87 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$488,336
$403,822$572,849 · $3,621/ac on 135 ac
Asking vs estimate
-32.8%
Priced below 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 $328,200
Maximum allowable offer
$279,049
$2,069/ac · +30.0% target margin

You need $49,151 off asking to hit this margin.

All-in cost$302,768
Net resale$449,269
Projected profit$146,501
ROI+48.4%
Annualized+69.2%
Break-even resale$2,440/ac
Profit if resale lands off target
-20%
$56,647
-10%
$101,574
0%
$146,501
+10%
$191,428
+20%
$236,354
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OK-726930
Gravel · Power at road
121.2Mar 17, 2026$431,5003,5623,5352.9 mi
87
OK-936454
Gravel · Off grid
85.8Jul 27, 2026$235,1002,7402,8947.6 mi
78
OK-156162
Gravel · Power at road
69.5May 29, 2025$244,6003,5213,1582.0 mi
69
OK-875531
Dirt · Off grid
44.0Apr 4, 2026$190,1004,3224,6595.0 mi
69
OK-778399
Gravel · Power at road
351.2Apr 27, 2025$843,1002,4013,3213.1 mi
64
OK-575362
Landlocked · Off grid
38.9Mar 11, 2025$121,2003,1164,3364.0 mi
61
Show adjustment detail for the top comp
  • Tract size (121.16 ac → 134.87 ac)-2.7%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (5 mo)+1.7%

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.