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Lassen County, CA · Sold

CA-587610

2396 County Road 381

$1,182,200
$5,962/ac · 198 ac
Acreage198 ac
Price per acre$5,962/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedAug 22, 2024
Coordinates40.7270, -120.6120
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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

Lassen County, California. Wide spread between Central Valley ag ground and buildable foothill parcels.

View Lassen market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands0.1% of tract

Little to no mapped wetland coverage.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,899 ft of deeded road frontage.

Power10,302 ft away

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

Buildable area188.19 of 198.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,597,461
$1,260,705$1,934,217 · $8,056/ac on 198 ac
Asking vs estimate
-26.0%
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 $1,182,200
Maximum allowable offer
$912,835
$4,604/ac · +30.0% target margin

You need $269,365 off asking to hit this margin.

All-in cost$990,426
Net resale$1,469,664
Projected profit$479,238
ROI+48.4%
Annualized+69.2%
Break-even resale$5,429/ac
Profit if resale lands off target
-20%
$185,305
-10%
$332,272
0%
$479,238
+10%
$626,205
+20%
$773,171
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-597494
Dirt · Power at road
182.3Jul 27, 2026$977,3005,3616,1222.9 mi
90
CA-806598
Dirt · Off grid
95.3Mar 11, 2026$424,8004,4595,1411.6 mi
75
CA-686468
Gravel · Off grid
86.7Jul 27, 2026$829,3009,5659,1269.9 mi
72
CA-126706
Gravel · Power at road
103.0Feb 11, 2025$940,0009,1268,1886.8 mi
64
CA-528983
Paved · Power at road
536.1Feb 17, 2025$4,005,9007,4729,0266.5 mi
63
CA-998970
Paved · Power at road
531.1Oct 7, 2023$3,557,7006,6998,50512.3 mi
60
CA-446575
Gravel · Power at road
93.7Nov 25, 2024$1,022,60010,9159,64911.8 mi
59
CA-259147
Gravel · Off grid
603.7Apr 19, 2024$3,449,8005,71410,2617.5 mi
57
Show adjustment detail for the top comp
  • Tract size (182.3 ac → 198.29 ac)-2.3%
  • 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.