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Josephine County, OR · Sold

OR-829963

9110 County Road 387

$2,444,200
$2,110/ac · 1,159 ac
Acreage1,159 ac
Price per acre$2,110/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedJan 8, 2024
Coordinates42.4913, -123.5124
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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

1 item to verify before you offer.

Risk index
18
Low risk
Wetlands9.4% of tract

Little to no mapped wetland coverage.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

8,483 ft of deeded road frontage.

Power14,502 ft away

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

Buildable area997.15 of 1158.53 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,512,811
$1,964,744$3,060,879 · $2,169/ac on 1,159 ac
Asking vs estimate
-2.7%
In line with the comp set

Weighted from 6 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 $2,444,200
Maximum allowable offer
$1,435,892
$1,239/ac · +30.0% target margin

You need $1,008,308 off asking to hit this margin.

All-in cost$1,557,943
Net resale$2,311,786
Projected profit$753,844
ROI+48.4%
Annualized+69.2%
Break-even resale$1,462/ac
Profit if resale lands off target
-20%
$291,486
-10%
$522,665
0%
$753,844
+10%
$985,022
+20%
$1,216,201
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-768398
Dirt · Off grid
372.9Mar 3, 2026$737,5001,9781,6582.2 mi
70
OR-678574
Gravel · Power at road
423.6Jul 27, 2026$1,432,8003,3832,11713.1 mi
69
OR-318202
Gravel · Power at road
323.5Mar 17, 2025$1,622,3005,0153,0641.8 mi
64
OR-708183
Dirt · Power at road
319.1Jul 27, 2026$806,7002,5281,69214.3 mi
63
OR-487966
Paved · Off grid
272.7Feb 19, 2025$1,005,1003,6862,1420.0 mi
62
OR-328160
Paved · Off grid
313.8Aug 6, 2025$1,268,2004,0412,4027.7 mi
61
Show adjustment detail for the top comp
  • Tract size (372.85 ac → 1158.53 ac)-29.3%
  • Access (Dirt → Gravel)+16.3%
  • Market time (5 mo)+1.9%

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.