← New search
Klamath County, OR · Sold

OR-989216

7128 County Road 238

$1,049,500
$1,556/ac · 674 ac
Acreage674 ac
Price per acre$1,556/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyRolling
ListedJan 14, 2026
Coordinates42.7715, -121.7420
Loading terrain…
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

Klamath County, Oregon. High-desert lots east of the Cascades, strict land-use rules west.

View Klamath market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
29
Low risk
Wetlands2.0% of tract

Little to no mapped wetland coverage.

Average slope7.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area627.83 of 674.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,246,075
$956,336$1,535,814 · $1,848/ac on 674 ac
Asking vs estimate
-15.8%
Priced below the comp set

Weighted from 6 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 $1,049,500
Maximum allowable offer
$712,043
$1,056/ac · +30.0% target margin

You need $337,457 off asking to hit this margin.

All-in cost$772,567
Net resale$1,146,389
Projected profit$373,822
ROI+48.4%
Annualized+69.2%
Break-even resale$1,245/ac
Profit if resale lands off target
-20%
$144,544
-10%
$259,183
0%
$373,822
+10%
$488,461
+20%
$603,100
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-149082
Dirt · Power at road
612.0Aug 20, 2025$1,295,4002,1172,06416.0 mi
76
OR-158720
Gravel · Power at road
470.8Mar 23, 2026$864,0001,8351,38810.1 mi
74
OR-189626
Dirt · Full utilities
907.6Jan 6, 2025$2,360,6002,6012,40613.2 mi
72
OR-529740
Gravel · Power at road
985.7Feb 26, 2026$1,265,3001,2841,22113.9 mi
70
OR-508347
Dirt · Off grid
359.3Jul 16, 2025$802,9002,2352,19316.2 mi
66
OR-398192
Dirt · Off grid
321.2Nov 18, 2024$602,4001,8761,82810.1 mi
60
Show adjustment detail for the top comp
  • Tract size (611.97 ac → 674.36 ac)-2.9%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (12 mo)+4.1%

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.