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King County, WA · Sold

WA-926834

8215 County Road 48

$419,300
$4,240/ac · 98.89 ac
Acreage98.89 ac
Price per acre$4,240/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedJul 7, 2026
Coordinates47.4879, -121.7604
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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
22
Low risk
Wetlands19.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

980 ft of deeded road frontage.

Power4,562 ft away

Service extension needed; get a utility quote.

Buildable area75.25 of 98.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$476,189
$402,840$549,537 · $4,815/ac on 98.89 ac
Asking vs estimate
-11.9%
Priced below the comp set

Weighted from 7 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 $419,300
Maximum allowable offer
$272,108
$2,752/ac · +30.0% target margin

You need $147,192 off asking to hit this margin.

All-in cost$295,237
Net resale$438,093
Projected profit$142,856
ROI+48.4%
Annualized+69.2%
Break-even resale$3,245/ac
Profit if resale lands off target
-20%
$55,238
-10%
$99,047
0%
$142,856
+10%
$186,666
+20%
$230,475
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WA-817633
Paved · Power at road
176.4Oct 18, 2024$894,0005,0685,3921.9 mi
74
WA-207057
Gravel · Off grid
116.2Apr 9, 2025$367,0003,1584,1008.2 mi
74
WA-196359
Paved · Off grid
70.1May 6, 2025$331,4004,7284,5957.2 mi
74
WA-127461
Gravel · Full utilities
155.8Jan 2, 2026$707,9004,5454,3095.3 mi
73
WA-807846
Gravel · Power at road
205.8Feb 1, 2026$767,3003,7274,6381.3 mi
73
WA-635872
Dirt · Power at road
49.3Jul 27, 2026$313,6006,3666,3687.6 mi
73
WA-406124
Gravel · Off grid
59.1Jun 6, 2025$230,9003,9064,30111.4 mi
71
Show adjustment detail for the top comp
  • Tract size (176.42 ac → 98.89 ac)+16.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (22 mo)+7.7%

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.