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Malheur County, OR · Sold

OR-444236

2372 County Road 138

$74,000
$4,046/ac · 18.29 ac
Acreage18.29 ac
Price per acre$4,046/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedSep 21, 2025
Coordinates43.1213, -117.6569
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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

3 items to verify before you offer.

Risk index
19
Low risk
Wetlands10.6% of tract

Little to no mapped wetland coverage.

Average slope2.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

397 ft of deeded road frontage.

Power13,074 ft away

A long utility run — price in solar/off-grid instead.

Buildable area15.53 of 18.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$53,354
$43,471$63,238 · $2,917/ac on 18.29 ac
Asking vs estimate
+38.7%
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 $74,000
Maximum allowable offer
$30,488
$1,667/ac · +30.0% target margin

You need $43,512 off asking to hit this margin.

All-in cost$33,079
Net resale$49,086
Projected profit$16,007
ROI+48.4%
Annualized+69.3%
Break-even resale$1,966/ac
Profit if resale lands off target
-20%
$6,189
-10%
$11,098
0%
$16,007
+10%
$20,915
+20%
$25,824
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-264692
Dirt · Power at road
25.4Jul 27, 2026$81,8003,2142,8615.1 mi
83
OR-204008
Landlocked · Full utilities
15.5Jul 27, 2026$46,7003,0112,6096.7 mi
82
OR-155233
Dirt · Off grid
37.6May 4, 2026$75,4002,0032,2587.0 mi
75
OR-253748
Gravel · Full utilities
12.8Apr 15, 2026$75,2005,8563,42413.1 mi
72
OR-215359
Dirt · Full utilities
41.3Mar 25, 2026$180,8004,3823,5156.1 mi
72
OR-604729
Gravel · Power at road
26.1May 12, 2025$116,6004,4593,60210.6 mi
67
OR-265371
Gravel · Power at road
41.6Nov 15, 2025$106,4002,5572,18712.9 mi
63
Show adjustment detail for the top comp
  • Tract size (25.44 ac → 18.29 ac)+4.5%
  • 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.