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Josephine County, OR · Sold

OR-496173

8118 County Road 320

$247,900
$3,332/ac · 74.39 ac
Acreage74.39 ac
Price per acre$3,332/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedApr 5, 2024
Coordinates42.4646, -123.5816
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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

4 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands4.8% of tract

Little to no mapped wetland coverage.

Average slope18.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power5,430 ft away

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

Buildable area56.66 of 74.39 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$356,327
$285,487$427,168 · $4,790/ac on 74.39 ac
Asking vs estimate
-30.4%
Priced below the comp set

Weighted from 10 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 $247,900
Maximum allowable offer
$203,616
$2,737/ac · +30.0% target margin

You need $44,284 off asking to hit this margin.

All-in cost$220,923
Net resale$327,821
Projected profit$106,898
ROI+48.4%
Annualized+69.2%
Break-even resale$3,228/ac
Profit if resale lands off target
-20%
$41,333
-10%
$74,116
0%
$106,898
+10%
$139,680
+20%
$172,462
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-696121
Paved · Off grid
71.6Jul 27, 2026$319,3004,4573,7537.9 mi
90
OR-365681
Dirt · Off grid
52.1Jul 27, 2026$246,4004,7305,1054.2 mi
83
OR-315748
Paved · Power at road
54.7Jan 19, 2026$261,6004,7833,3002.7 mi
77
OR-116100
Dirt · Power at road
70.6Jul 7, 2024$355,5005,0385,3562.5 mi
74
OR-785917
Dirt · Off grid
61.8Jul 5, 2025$263,4004,2624,9798.7 mi
74
OR-517386
Landlocked · Full utilities
179.1Jul 1, 2026$767,9004,2875,51411.3 mi
68
OR-146665
Dirt · Power at road
106.3Oct 8, 2024$581,5005,4736,3498.5 mi
66
OR-766746
Dirt · Power at road
112.7Jun 6, 2024$465,1004,1284,9245.9 mi
65
OR-484801
Gravel · Off grid
27.5Dec 19, 2024$107,9003,9193,46413.4 mi
65
OR-194812
Gravel · Full utilities
27.8Jul 24, 2024$249,2008,9805,6255.6 mi
61
Show adjustment detail for the top comp
  • Tract size (71.64 ac → 74.39 ac)-0.9%
  • Access (Paved → Gravel)-15.3%

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.