Dewey County, OK · Sold

OK-459243

9229 County Road 123

$1,014,200

$1,567/ac · 647 ac

Offer report Market this tract

Acreage647 ac

Price per acre$1,567/ac

ZoningRecreational

Road accessDirt

UtilitiesPower at road

TopographyWooded

ListedSep 2, 2025

Coordinates35.8997, -98.9470

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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

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

View Dewey market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands10.7% of tract

Little to no mapped wetland coverage.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,704 ft of deeded road frontage.

Power84 ft away

Power at or near the road.

Buildable area549.08 of 647.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,172,803

$917,742 – $1,427,864 · $1,812/ac on 647 ac

Asking vs estimate

-13.5%

Priced below 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 $1,014,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$670,173

$1,035/ac · +30.0% target margin

You need $344,027 off asking to hit this margin.

All-in cost$727,138

Net resale$1,078,979

Projected profit$351,841

ROI+48.4%

Annualized+69.2%

Break-even resale$1,221/ac

Profit if resale lands off target

-20%

$136,045

-10%

$243,943

$351,841

+10%

$459,739

+20%

$567,637

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
OK-729457 Gravel · Off grid	755.8	Jul 27, 2026	$1,432,200	1,895	2,015	5.8 mi	82
OK-779303 Dirt · Full utilities	676.0	Apr 26, 2026	$1,350,300	1,998	1,680	10.2 mi	82
OK-918454 Gravel · Off grid	365.4	Jul 27, 2026	$532,500	1,457	1,244	5.4 mi	76
OK-708494 Dirt · Off grid	376.2	Nov 1, 2025	$517,200	1,375	1,419	2.1 mi	75
OK-768352 Gravel · Full utilities	339.4	Jul 27, 2026	$1,070,500	3,154	1,835	7.2 mi	74
OK-599184 Landlocked · Off grid	620.1	Mar 30, 2024	$805,700	1,299	2,099	9.9 mi	70
OK-269935 Paved · Power at road	1068.5	May 24, 2025	$3,139,900	2,939	2,629	6.6 mi	69
OK-639463 Paved · Off grid	759.0	Nov 19, 2024	$1,118,300	1,473	1,423	14.9 mi	66
OK-498775 Gravel · Power at road	461.1	Apr 24, 2024	$909,300	1,972	1,679	11.7 mi	65
OK-537936 Gravel · Off grid	251.1	Sep 2, 2025	$686,200	2,733	2,170	5.7 mi	64

Show adjustment detail for the top comp

Tract size (755.76 ac → 647.23 ac)+4.9%
Access (Gravel → Dirt)-14.0%
Utilities (Off grid → Power at road)+17.6%

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.

Build the listing kit Post a deal or JV