Mendocino County, CA · Sold

CA-723821

7384 County Road 338

$137,300

$10,777/ac · 12.74 ac

Offer report Market this tract

Acreage12.74 ac

Price per acre$10,777/ac

ZoningResidential

Road accessDirt

UtilitiesPower at road

TopographyMixed

ListedAug 18, 2023

Coordinates39.4471, -123.2883

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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

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

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands9.1% of tract

Little to no mapped wetland coverage.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

428 ft of deeded road frontage.

Power151 ft away

Power at or near the road.

Buildable area11.00 of 12.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$177,320

$142,921 – $211,720 · $13,918/ac on 12.74 ac

Asking vs estimate

-22.6%

Priced below 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 $137,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$101,326

$7,953/ac · +30.0% target margin

You need $35,974 off asking to hit this margin.

All-in cost$109,939

Net resale$163,135

Projected profit$53,196

ROI+48.4%

Annualized+69.2%

Break-even resale$9,380/ac

Profit if resale lands off target

-20%

$20,569

-10%

$36,883

$53,196

+10%

$69,510

+20%

$85,823

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CA-373492 Dirt · Power at road	10.0	Jul 27, 2026	$190,600	18,981	18,630	14.1 mi	81
CA-353652 Dirt · Off grid	11.3	Aug 9, 2024	$92,200	8,180	10,323	7.0 mi	78
CA-104967 Gravel · Off grid	29.2	Jul 24, 2026	$365,500	12,505	14,081	11.7 mi	73
CA-334669 Landlocked · Full utilities	23.6	Jul 27, 2026	$257,300	10,925	12,200	12.2 mi	71
CA-985338 Dirt · Power at road	38.2	Feb 25, 2026	$379,500	9,924	11,754	6.5 mi	70
CA-793492 Gravel · Off grid	10.0	Sep 6, 2025	$130,500	13,002	13,392	16.0 mi	68
CA-303200 Gravel · Full utilities	8.1	Jul 17, 2024	$139,300	17,139	12,666	9.4 mi	63
CA-132391 Dirt · Power at road	4.5	Jun 15, 2025	$57,100	12,627	12,371	11.7 mi	63
CA-675521 Gravel · Full utilities	43.7	Mar 16, 2025	$903,300	20,689	18,393	9.5 mi	61
CA-952333 Dirt · Off grid	4.3	Oct 3, 2024	$57,300	13,198	15,613	10.3 mi	58

Show adjustment detail for the top comp

Tract size (10.04 ac → 12.74 ac)-2.1%

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