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King County, WA · Sold

WA-823479

8937 County Road 289

$56,200
$6,460/ac · 8.70 ac
Acreage8.70 ac
Price per acre$6,460/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedApr 18, 2026
Coordinates47.4981, -121.9290
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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

King County, Washington. Eastern Washington irrigated ground and Cascade foothill lots.

View King market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
19
Low risk
Wetlands17.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

663 ft of deeded road frontage.

Power2,504 ft away

Service extension needed; get a utility quote.

Buildable area6.80 of 8.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$60,646
$47,430$73,863 · $6,971/ac on 8.70 ac
Asking vs estimate
-7.3%
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 $56,200
Maximum allowable offer
$34,655
$3,983/ac · +30.0% target margin

You need $21,545 off asking to hit this margin.

All-in cost$37,601
Net resale$55,795
Projected profit$18,194
ROI+48.4%
Annualized+69.3%
Break-even resale$4,698/ac
Profit if resale lands off target
-20%
$7,035
-10%
$12,615
0%
$18,194
+10%
$23,774
+20%
$29,353
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WA-503436
Gravel · Full utilities
8.4Jul 27, 2026$42,1004,9864,1006.3 mi
85
WA-584020
Paved · Full utilities
12.9Jun 1, 2026$167,40012,9979,4382.1 mi
82
WA-803301
Landlocked · Off grid
7.7May 12, 2026$28,7003,7546,52810.8 mi
80
WA-883286
Landlocked · Off grid
7.6Nov 3, 2025$29,6003,9126,9464.7 mi
79
WA-893369
Paved · Power at road
8.0Jun 13, 2025$71,4008,8847,88010.7 mi
75
WA-625062
Paved · Off grid
27.4Jun 29, 2026$208,1007,5968,6634.2 mi
75
WA-682335
Paved · Power at road
3.8Jul 27, 2026$28,9007,6056,20410.2 mi
72
WA-224057
Paved · Off grid
13.2Mar 22, 2025$70,7005,3465,8658.6 mi
71
WA-605063
Landlocked · Full utilities
27.4Sep 22, 2025$154,4005,6318,0158.4 mi
66
WA-705078
Gravel · Off grid
27.7Jan 19, 2026$124,8004,5066,1878.4 mi
65
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%
  • Utilities (Full utilities → Off grid)-30.3%

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.