Madera County, CA · Sold

CA-606520

1904 County Road 62

$1,552,700

$17,246/ac · 90.03 ac

Offer report Market this tract

Acreage90.03 ac

Price per acre$17,246/ac

ZoningResidential

Road accessPaved

UtilitiesPower at road

TopographyRolling

ListedSep 10, 2023

Coordinates37.1067, -119.6294

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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

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

2 items to verify before you offer.

Risk index

Low risk

Wetlands10.9% of tract

Little to no mapped wetland coverage.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,372 ft of deeded road frontage.

Power120 ft away

Power at or near the road.

Buildable area76.21 of 90.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,000,428

$830,662 – $1,170,194 · $11,112/ac on 90.03 ac

Asking vs estimate

+55.2%

Priced above the comp set

Weighted from 10 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 $1,552,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$571,673

$6,350/ac · +30.0% target margin

You need $981,027 off asking to hit this margin.

All-in cost$620,265

Net resale$920,394

Projected profit$300,129

ROI+48.4%

Annualized+69.2%

Break-even resale$7,489/ac

Profit if resale lands off target

-20%

$116,050

-10%

$208,089

$300,129

+10%

$392,168

+20%

$484,207

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CA-866997 Paved · Power at road	127.2	Dec 29, 2025	$1,180,400	9,282	10,385	13.9 mi	79
CA-556514 Paved · Power at road	89.6	May 13, 2025	$936,100	10,443	10,984	13.0 mi	77
CA-406344 Landlocked · Off grid	79.3	Oct 14, 2025	$424,800	5,360	10,991	9.6 mi	74
CA-785901 Paved · Power at road	57.5	Sep 20, 2025	$497,200	8,648	8,112	10.6 mi	72
CA-577343 Gravel · Full utilities	163.4	May 21, 2026	$1,424,200	8,715	9,918	15.3 mi	68
CA-475246 Gravel · Full utilities	35.8	Jul 27, 2026	$529,500	14,802	11,836	12.0 mi	68
CA-517318 Gravel · Full utilities	160.5	Jun 3, 2024	$1,584,700	9,875	12,096	1.0 mi	66
CA-765784 Dirt · Power at road	52.8	Sep 28, 2024	$556,100	10,528	13,842	12.4 mi	63
CA-635783 Dirt · Off grid	52.8	Sep 14, 2024	$306,000	5,797	8,979	14.7 mi	60
CA-225858 Dirt · Off grid	55.7	Dec 1, 2023	$512,100	9,189	14,835	16.4 mi	58

Show adjustment detail for the top comp

Tract size (127.18 ac → 90.03 ac)+9.0%
Market time (8 mo)+2.6%

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.

Build the listing kit Post a deal or JV