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Jefferson County, WA · Sold

WA-357018

2203 County Road 40

$479,200
$4,241/ac · 113 ac
Acreage113 ac
Price per acre$4,241/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedMar 19, 2025
Coordinates47.8366, -123.6487
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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

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

View Jefferson market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands34.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,322 ft of deeded road frontage.

Power5,682 ft away

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

Buildable area70.31 of 112.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$481,973
$375,662$588,284 · $4,266/ac on 113 ac
Asking vs estimate
-0.6%
In line with the comp set

Weighted from 9 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 $479,200
Maximum allowable offer
$275,413
$2,438/ac · +30.0% target margin

You need $203,787 off asking to hit this margin.

All-in cost$298,823
Net resale$443,415
Projected profit$144,592
ROI+48.4%
Annualized+69.2%
Break-even resale$2,875/ac
Profit if resale lands off target
-20%
$55,909
-10%
$100,251
0%
$144,592
+10%
$188,934
+20%
$233,275
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WA-116842
Dirt · Full utilities
99.5Jul 27, 2026$473,5004,7603,7448.1 mi
82
WA-516004
Gravel · Full utilities
54.2Jul 27, 2026$356,2006,5733,8743.0 mi
78
WA-776463
Paved · Off grid
75.6Nov 28, 2025$323,1004,2743,38511.0 mi
76
WA-858211
Gravel · Power at road
268.1Jul 27, 2026$912,2003,4023,66614.3 mi
74
WA-427935
Gravel · Off grid
219.6Mar 29, 2026$855,3003,8954,73010.9 mi
74
WA-256724
Dirt · Power at road
91.3Jan 2, 2025$376,5004,1234,1294.4 mi
72
WA-106161
Dirt · Power at road
60.7Nov 2, 2025$360,4005,9355,2387.3 mi
68
WA-585982
Gravel · Power at road
53.4Dec 13, 2023$238,3004,4673,5546.0 mi
63
WA-145500
Dirt · Full utilities
37.6Nov 6, 2024$367,3009,7646,6887.2 mi
57
Show adjustment detail for the top comp
  • Tract size (99.47 ac → 112.99 ac)-3.1%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Off grid)-30.3%

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.