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Malheur County, OR · Sold

OR-249378

5166 County Road 215

$1,161,800
$1,532/ac · 758 ac
Acreage758 ac
Price per acre$1,532/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedJul 12, 2024
Coordinates43.1491, -117.7897
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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

4 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands43.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

4,665 ft of deeded road frontage.

Power3,232 ft away

Service extension needed; get a utility quote.

Buildable area410.64 of 758.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,348,399
$1,200,163$1,496,636 · $1,778/ac on 758 ac
Asking vs estimate
-13.8%
Priced below the comp set

Weighted from 5 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 $1,161,800
Maximum allowable offer
$770,514
$1,016/ac · +30.0% target margin

You need $391,286 off asking to hit this margin.

All-in cost$836,008
Net resale$1,240,527
Projected profit$404,520
ROI+48.4%
Annualized+69.2%
Break-even resale$1,198/ac
Profit if resale lands off target
-20%
$156,414
-10%
$280,467
0%
$404,520
+10%
$528,572
+20%
$652,625
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-738111
Gravel · Off grid
302.9May 3, 2026$718,2002,3711,8212.2 mi
76
OR-788651
Dirt · Off grid
447.9May 8, 2026$749,4001,6731,6777.4 mi
75
OR-789042
Landlocked · Full utilities
594.5May 18, 2026$949,1001,5961,53414.8 mi
75
OR-669653
Dirt · Power at road
925.5Nov 3, 2025$1,811,2001,9572,12521.1 mi
68
OR-787716
Gravel · Full utilities
227.5Apr 26, 2024$750,5003,2991,7622.3 mi
61
Show adjustment detail for the top comp
  • Tract size (302.86 ac → 758.33 ac)-24.1%
  • Market time (3 mo)+1.2%

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.