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Mendocino County, CA · Sold

CA-419566

8504 County Road 117

$3,187,300
$3,897/ac · 818 ac
Acreage818 ac
Price per acre$3,897/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedMar 31, 2024
Coordinates39.4066, -123.2919
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

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

View Mendocino market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
30
Low risk
Wetlands15.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power7,978 ft away

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

Buildable area660.41 of 817.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,573,280
$2,781,705$4,364,854 · $4,369/ac on 818 ac
Asking vs estimate
-10.8%
Priced below the comp set

Weighted from 6 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 $3,187,300
Maximum allowable offer
$2,041,874
$2,497/ac · +30.0% target margin

You need $1,145,426 off asking to hit this margin.

All-in cost$2,215,433
Net resale$3,287,417
Projected profit$1,071,984
ROI+48.4%
Annualized+69.2%
Break-even resale$2,944/ac
Profit if resale lands off target
-20%
$414,501
-10%
$743,242
0%
$1,071,984
+10%
$1,400,726
+20%
$1,729,467
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-579246
Dirt · Full utilities
648.6Jul 27, 2026$3,064,5004,7253,0725.2 mi
85
CA-909858
Gravel · Full utilities
1010.5Jul 27, 2026$9,098,8009,0045,77314.3 mi
81
CA-818743
Dirt · Power at road
450.6Jul 27, 2026$2,438,1005,4113,8448.4 mi
76
CA-168196
Paved · Power at road
303.1Apr 20, 2026$2,945,6009,7174,52413.5 mi
69
CA-238750
Dirt · Full utilities
452.9Jun 3, 2025$2,845,7006,2843,8419.0 mi
68
CA-408098
Gravel · Power at road
282.4Apr 10, 2024$2,627,6009,3055,4305.2 mi
58
Show adjustment detail for the top comp
  • Tract size (648.63 ac → 817.85 ac)-6.9%
  • Utilities (Full utilities → Off grid)-30.3%

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.