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Josephine County, OR · Sold

OR-487966

7862 County Road 45

$968,300
$3,551/ac · 273 ac
Acreage273 ac
Price per acre$3,551/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedOct 11, 2024
Coordinates42.4914, -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

4 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands25.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

3,886 ft of deeded road frontage.

Power5,248 ft away

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

Buildable area193.23 of 272.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,146,082
$903,705$1,388,459 · $4,203/ac on 273 ac
Asking vs estimate
-15.5%
Priced below 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 $968,300
Maximum allowable offer
$654,904
$2,402/ac · +30.0% target margin

You need $313,396 off asking to hit this margin.

All-in cost$710,571
Net resale$1,054,395
Projected profit$343,825
ROI+48.4%
Annualized+69.2%
Break-even resale$2,833/ac
Profit if resale lands off target
-20%
$132,946
-10%
$238,385
0%
$343,825
+10%
$449,264
+20%
$554,704
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-708183
Dirt · Power at road
319.1Jul 27, 2026$806,7002,5283,09314.3 mi
82
OR-768398
Dirt · Off grid
372.9Mar 3, 2026$737,5001,9783,0312.2 mi
81
OR-328160
Paved · Off grid
313.8Aug 6, 2025$1,268,2004,0414,3917.7 mi
79
OR-318202
Gravel · Power at road
323.5Mar 17, 2025$1,622,3005,0155,6001.8 mi
76
OR-678574
Gravel · Power at road
423.6Jul 27, 2026$1,432,8003,3833,87013.1 mi
73
OR-517386
Landlocked · Full utilities
179.1Jul 1, 2026$767,9004,2874,62914.0 mi
73
OR-766746
Dirt · Power at road
112.7Jun 6, 2024$465,1004,1284,1339.8 mi
57
OR-146665
Dirt · Power at road
106.3Oct 8, 2024$581,5005,4735,32911.8 mi
56
Show adjustment detail for the top comp
  • Tract size (319.08 ac → 272.66 ac)+4.7%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Power at road → Off grid)-15.0%

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.