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Lincoln County, OR · Sold

OR-904411

397 County Road 227

$86,500
$4,167/ac · 20.76 ac
Acreage20.76 ac
Price per acre$4,167/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedMar 9, 2024
Coordinates44.5789, -123.8960
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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

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

View Lincoln market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands15.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power4,996 ft away

Service extension needed; get a utility quote.

Buildable area16.63 of 20.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$113,854
$91,303$136,406 · $5,484/ac on 20.76 ac
Asking vs estimate
-24.0%
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 $86,500
Maximum allowable offer
$65,060
$3,134/ac · +30.0% target margin

You need $21,440 off asking to hit this margin.

All-in cost$70,590
Net resale$104,746
Projected profit$34,156
ROI+48.4%
Annualized+69.2%
Break-even resale$3,696/ac
Profit if resale lands off target
-20%
$13,207
-10%
$23,681
0%
$34,156
+10%
$44,630
+20%
$55,105
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-395133
Paved · Power at road
35.0Jul 27, 2026$251,1007,1693,8107.4 mi
80
OR-103591
Dirt · Off grid
11.5Apr 30, 2026$87,6007,6475,7387.6 mi
78
OR-614913
Landlocked · Off grid
29.9Mar 22, 2025$123,6004,1384,6199.8 mi
76
OR-306070
Gravel · Power at road
69.0Jun 7, 2026$661,2009,5776,9115.4 mi
67
OR-205719
Gravel · Power at road
53.5Sep 11, 2025$496,5009,2736,5318.2 mi
63
OR-196069
Gravel · Power at road
69.0Aug 19, 2024$515,3007,4695,7934.9 mi
57
Show adjustment detail for the top comp
  • Tract size (35.02 ac → 20.76 ac)+8.2%
  • Access (Paved → Landlocked)-42.4%
  • 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.