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Malheur County, OR · Sold

OR-446475

4306 County Road 397

$288,300
$3,114/ac · 92.58 ac
Acreage92.58 ac
Price per acre$3,114/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedMay 27, 2025
Coordinates43.0296, -117.5746
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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

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

View Malheur market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
7
Low risk
Wetlands6.0% of tract

Little to no mapped wetland coverage.

Average slope4.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,348 ft of deeded road frontage.

Power2,224 ft away

Service extension needed; get a utility quote.

Buildable area82.67 of 92.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$245,146
$181,873$308,420 · $2,648/ac on 92.58 ac
Asking vs estimate
+17.6%
Priced above the comp set

Weighted from 7 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 $288,300
Maximum allowable offer
$140,084
$1,513/ac · +30.0% target margin

You need $148,216 off asking to hit this margin.

All-in cost$151,991
Net resale$225,535
Projected profit$73,543
ROI+48.4%
Annualized+69.2%
Break-even resale$1,784/ac
Profit if resale lands off target
-20%
$28,437
-10%
$50,990
0%
$73,543
+10%
$96,097
+20%
$118,650
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-525973
Gravel · Full utilities
64.4Feb 2, 2026$184,7002,8701,88012.6 mi
78
OR-787260
Paved · Power at road
163.5Jul 23, 2025$649,6003,9733,4601.8 mi
75
OR-155233
Dirt · Off grid
37.6May 4, 2026$75,4002,0031,9499.1 mi
74
OR-738111
Gravel · Off grid
302.9May 3, 2026$718,2002,3713,30411.8 mi
68
OR-265371
Gravel · Power at road
41.6Nov 15, 2025$106,4002,5571,88810.0 mi
68
OR-215359
Dirt · Full utilities
41.3Mar 25, 2026$180,8004,3823,03311.6 mi
66
OR-787716
Gravel · Full utilities
227.5Apr 26, 2024$750,5003,2993,19712.3 mi
58
Show adjustment detail for the top comp
  • Tract size (64.36 ac → 92.58 ac)-8.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (6 mo)+2.2%

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.