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Madera County, CA · Sold

CA-362908

2965 County Road 278

$70,400
$10,699/ac · 6.58 ac
Acreage6.58 ac
Price per acre$10,699/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedMar 14, 2024
Coordinates37.3038, -119.8016
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

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

View Madera market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
10
Low risk
Wetlands5.9% of tract

Little to no mapped wetland coverage.

Average slope9.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

375 ft of deeded road frontage.

Power223 ft away

Power at or near the road.

Buildable area5.88 of 6.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$77,910
$58,053$97,768 · $11,840/ac on 6.58 ac
Asking vs estimate
-9.6%
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 $70,400
Maximum allowable offer
$44,520
$6,766/ac · +30.0% target margin

You need $25,880 off asking to hit this margin.

All-in cost$48,304
Net resale$71,677
Projected profit$23,373
ROI+48.4%
Annualized+69.3%
Break-even resale$7,979/ac
Profit if resale lands off target
-20%
$9,038
-10%
$16,205
0%
$23,373
+10%
$30,541
+20%
$37,709
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-932270
Dirt · Off grid
4.1Jul 27, 2026$27,1006,5427,5453.8 mi
81
CA-212540
Gravel · Power at road
5.0Jul 27, 2026$53,10010,5278,9497.6 mi
81
CA-852379
Dirt · Power at road
4.5Dec 19, 2025$53,60011,95612,0557.8 mi
77
CA-272359
Landlocked · Off grid
4.4Sep 7, 2025$38,0008,59713,0399.8 mi
69
CA-424386
Gravel · Power at road
19.2Jul 27, 2026$209,70010,92610,35311.5 mi
68
CA-533906
Dirt · Full utilities
13.6Jun 22, 2025$265,00019,56017,7728.0 mi
67
CA-743859
Dirt · Power at road
13.1Aug 17, 2024$144,80011,05612,6288.3 mi
65
CA-264479
Landlocked · Off grid
20.5Jun 2, 2024$162,5007,91714,27111.6 mi
58
Show adjustment detail for the top comp
  • Tract size (4.14 ac → 6.58 ac)-2.2%
  • Utilities (Off grid → Power at road)+17.6%

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.