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Josephine County, OR · Sold

OR-901923

5294 County Road 231

$24,400
$7,135/ac · 3.42 ac
Acreage3.42 ac
Price per acre$7,135/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedAug 20, 2024
Coordinates42.4908, -123.5607
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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

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

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands17.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

165 ft of deeded road frontage.

Power241 ft away

Power at or near the road.

Buildable area2.70 of 3.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$33,912
$28,012$39,811 · $9,916/ac on 3.42 ac
Asking vs estimate
-28.0%
Priced below 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 $24,400
Maximum allowable offer
$19,378
$5,666/ac · +30.0% target margin

You need $5,022 off asking to hit this margin.

All-in cost$21,025
Net resale$31,199
Projected profit$10,174
ROI+48.4%
Annualized+69.3%
Break-even resale$6,682/ac
Profit if resale lands off target
-20%
$3,934
-10%
$7,054
0%
$10,174
+10%
$13,293
+20%
$16,413
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-871652
Dirt · Power at road
2.8Jul 23, 2026$23,3008,30211,35412.8 mi
84
OR-161087
Landlocked · Off grid
1.9Jul 27, 2026$6,6003,5387,1303.3 mi
81
OR-551924
Dirt · Power at road
3.4Apr 26, 2024$24,6007,17810,8044.2 mi
76
OR-721580
Dirt · Power at road
2.7Jan 12, 2026$16,5006,1878,63712.8 mi
74
OR-662992
Gravel · Full utilities
7.4Jul 27, 2026$76,00010,22210,2756.0 mi
73
OR-243123
Gravel · Power at road
8.2Apr 10, 2026$51,6006,3197,89312.4 mi
72
OR-783135
Paved · Off grid
8.2Jul 27, 2026$70,0008,49810,46111.2 mi
71
OR-143245
Dirt · Power at road
8.9Jul 17, 2025$77,1008,63813,0092.9 mi
67
OR-853513
Dirt · Off grid
10.8Dec 25, 2023$56,8005,24210,0232.9 mi
57
Show adjustment detail for the top comp
  • Tract size (2.81 ac → 3.42 ac)-0.6%
  • Access (Dirt → Paved)+37.2%

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.