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Josephine County, OR · Sold

OR-768398

4651 County Road 51

$730,900
$1,960/ac · 373 ac
Acreage373 ac
Price per acre$1,960/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedMar 26, 2025
Coordinates42.4679, -123.4834
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

5 items to verify before you offer.

Risk index
57
High risk
Wetlands40.4% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power14,278 ft away

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

Buildable area211.11 of 372.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,051,425
$875,939$1,226,912 · $2,820/ac on 373 ac
Asking vs estimate
-30.5%
Priced below 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 $730,900
Maximum allowable offer
$600,814
$1,611/ac · +30.0% target margin

You need $130,086 off asking to hit this margin.

All-in cost$651,883
Net resale$967,311
Projected profit$315,428
ROI+48.4%
Annualized+69.2%
Break-even resale$1,900/ac
Profit if resale lands off target
-20%
$121,966
-10%
$218,697
0%
$315,428
+10%
$412,159
+20%
$508,890
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-708183
Dirt · Power at road
319.1Jul 27, 2026$806,7002,5282,05712.7 mi
81
OR-318202
Gravel · Power at road
323.5Mar 17, 2025$1,622,3005,0153,7251.4 mi
81
OR-678574
Gravel · Power at road
423.6Jul 27, 2026$1,432,8003,3832,57412.5 mi
79
OR-328160
Paved · Off grid
313.8Aug 6, 2025$1,268,2004,0412,9207.6 mi
76
OR-487966
Paved · Off grid
272.7Feb 19, 2025$1,005,1003,6862,6052.2 mi
75
OR-517386
Landlocked · Full utilities
179.1Jul 1, 2026$767,9004,2873,07813.2 mi
69
OR-829963
Gravel · Off grid
1158.5Jan 30, 2024$2,466,2002,1292,8652.2 mi
60
OR-766746
Dirt · Power at road
112.7Jun 6, 2024$465,1004,1282,74910.9 mi
56
Show adjustment detail for the top comp
  • Tract size (319.08 ac → 372.85 ac)-4.5%
  • Utilities (Power at road → Off grid)-15.0%

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.