← New search
Josephine County, OR · Sold

OR-871652

9864 County Road 240

$24,100
$8,577/ac · 2.81 ac
Acreage2.81 ac
Price per acre$8,577/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedMar 26, 2026
Coordinates42.3068, -123.5400
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

Josephine County, Oregon. High-desert lots east of the Cascades, strict land-use rules west.

View Josephine market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
11
Low risk
Wetlands7.1% of tract

Little to no mapped wetland coverage.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

429 ft of deeded road frontage.

Power219 ft away

Power at or near the road.

Buildable area2.48 of 2.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$19,198
$15,365$23,030 · $6,832/ac on 2.81 ac
Asking vs estimate
+25.5%
Priced above the comp set

Weighted from 8 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 $24,100
Maximum allowable offer
$10,970
$3,904/ac · +30.0% target margin

You need $13,130 off asking to hit this margin.

All-in cost$11,902
Net resale$17,662
Projected profit$5,759
ROI+48.4%
Annualized+69.3%
Break-even resale$4,604/ac
Profit if resale lands off target
-20%
$2,227
-10%
$3,993
0%
$5,759
+10%
$7,525
+20%
$9,292
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-721580
Dirt · Power at road
2.7Jan 12, 2026$16,5006,1876,3320.1 mi
88
OR-161087
Landlocked · Off grid
1.9Jul 27, 2026$6,6003,5385,22712.0 mi
79
OR-901923
Paved · Power at road
3.4Feb 8, 2025$23,5006,8635,35212.8 mi
74
OR-243123
Gravel · Power at road
8.2Apr 10, 2026$51,6006,3195,7876.6 mi
73
OR-783135
Paved · Off grid
8.2Jul 27, 2026$70,0008,4987,6691.6 mi
73
OR-551924
Dirt · Power at road
3.4Apr 26, 2024$24,6007,1787,92011.0 mi
70
OR-662992
Gravel · Full utilities
7.4Jul 27, 2026$76,00010,2227,5337.9 mi
69
OR-143245
Dirt · Power at road
8.9Jul 17, 2025$77,1008,6389,5379.9 mi
63
Show adjustment detail for the top comp
  • Market time (7 mo)+2.5%

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.