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Josephine County, OR · Sold

OR-696121

2975 County Road 203

$365,300
$5,099/ac · 71.64 ac
Acreage71.64 ac
Price per acre$5,099/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedMar 15, 2026
Coordinates42.3738, -123.4867
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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

2 items to verify before you offer.

Risk index
13
Low risk
Wetlands10.1% of tract

Little to no mapped wetland coverage.

Average slope0.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,148 ft of deeded road frontage.

Power2,378 ft away

Service extension needed; get a utility quote.

Buildable area61.18 of 71.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$398,217
$315,446$480,988 · $5,559/ac on 71.64 ac
Asking vs estimate
-8.3%
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 $365,300
Maximum allowable offer
$227,553
$3,176/ac · +30.0% target margin

You need $137,747 off asking to hit this margin.

All-in cost$246,895
Net resale$366,360
Projected profit$119,465
ROI+48.4%
Annualized+69.2%
Break-even resale$3,746/ac
Profit if resale lands off target
-20%
$46,193
-10%
$82,829
0%
$119,465
+10%
$156,101
+20%
$192,737
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-365681
Dirt · Off grid
52.1Jul 27, 2026$246,4004,7306,0754.0 mi
83
OR-315748
Paved · Power at road
54.7Jan 19, 2026$261,6004,7833,9275.4 mi
79
OR-496173
Gravel · Off grid
74.4Sep 21, 2024$232,8003,1294,0217.9 mi
78
OR-785917
Dirt · Off grid
61.8Jul 5, 2025$263,4004,2625,9256.6 mi
76
OR-116100
Dirt · Power at road
70.6Jul 7, 2024$355,5005,0386,3749.6 mi
71
OR-517386
Landlocked · Full utilities
179.1Jul 1, 2026$767,9004,2876,5638.2 mi
69
OR-484801
Gravel · Off grid
27.5Dec 19, 2024$107,9003,9194,1235.8 mi
67
OR-146665
Dirt · Power at road
106.3Oct 8, 2024$581,5005,4737,5568.3 mi
65
OR-766746
Dirt · Power at road
112.7Jun 6, 2024$465,1004,1285,86011.6 mi
61
OR-764879
Paved · Full utilities
29.1Mar 16, 2024$249,0008,5485,5177.0 mi
60
Show adjustment detail for the top comp
  • Tract size (52.09 ac → 71.64 ac)-6.6%
  • 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.