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Josephine County, OR · Sold

OR-318202

3398 County Road 109

$1,662,200
$5,138/ac · 324 ac
Acreage324 ac
Price per acre$5,138/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedSep 1, 2024
Coordinates42.4650, -123.5097
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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
Wetlands17.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,158 ft of deeded road frontage.

Power160 ft away

Power at or near the road.

Buildable area254.16 of 323.50 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,217,761
$1,001,379$1,434,143 · $3,764/ac on 324 ac
Asking vs estimate
+36.5%
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 $1,662,200
Maximum allowable offer
$695,863
$2,151/ac · +30.0% target margin

You need $966,337 off asking to hit this margin.

All-in cost$755,011
Net resale$1,120,340
Projected profit$365,328
ROI+48.4%
Annualized+69.2%
Break-even resale$2,537/ac
Profit if resale lands off target
-20%
$141,261
-10%
$253,294
0%
$365,328
+10%
$477,362
+20%
$589,396
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-768398
Dirt · Off grid
372.9Mar 3, 2026$737,5001,9782,8751.4 mi
87
OR-708183
Dirt · Power at road
319.1Jul 27, 2026$806,7002,5282,93412.5 mi
83
OR-678574
Gravel · Power at road
423.6Jul 27, 2026$1,432,8003,3833,67211.6 mi
82
OR-328160
Paved · Off grid
313.8Aug 6, 2025$1,268,2004,0414,1666.4 mi
77
OR-487966
Paved · Off grid
272.7Feb 19, 2025$1,005,1003,6863,7151.8 mi
75
OR-517386
Landlocked · Full utilities
179.1Jul 1, 2026$767,9004,2874,39112.4 mi
71
OR-766746
Dirt · Power at road
112.7Jun 6, 2024$465,1004,1283,9219.5 mi
57
OR-146665
Dirt · Power at road
106.3Oct 8, 2024$581,5005,4735,05510.5 mi
57
Show adjustment detail for the top comp
  • Tract size (372.85 ac → 323.5 ac)+4.3%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%
  • 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.