Mendocino County, CA · Sold

CA-238750

7648 County Road 62

$3,404,000

$7,517/ac · 453 ac

Offer report Market this tract

Acreage453 ac

Price per acre$7,517/ac

ZoningResidential

Road accessDirt

UtilitiesFull utilities

TopographyFlat

ListedApr 30, 2025

Coordinates39.3559, -123.4465

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

3 items to verify before you offer.

Risk index

Moderate risk

Wetlands46.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.2%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

3,137 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area229.73 of 452.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$3,308,015

$2,644,636 – $3,971,393 · $7,305/ac on 453 ac

Asking vs estimate

+2.9%

In line with 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 $3,404,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,890,294

$4,174/ac · +30.0% target margin

You need $1,513,706 off asking to hit this margin.

All-in cost$2,050,969

Net resale$3,043,373

Projected profit$992,404

ROI+48.4%

Annualized+69.2%

Break-even resale$4,923/ac

Profit if resale lands off target

-20%

$383,730

-10%

$688,067

$992,404

+10%

$1,296,742

+20%

$1,601,079

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CA-818743 Dirt · Power at road	450.6	Jul 27, 2026	$2,438,100	5,411	6,606	5.0 mi	89
CA-579246 Dirt · Full utilities	648.6	Jul 27, 2026	$3,064,500	4,725	5,280	6.6 mi	84
CA-168196 Paved · Power at road	303.1	Apr 20, 2026	$2,945,600	9,717	7,776	4.7 mi	77
CA-687411 Landlocked · Full utilities	171.7	Jul 27, 2026	$1,399,900	8,155	7,817	2.0 mi	75
CA-909858 Gravel · Full utilities	1010.5	Jul 27, 2026	$9,098,800	9,004	9,922	5.4 mi	75
CA-167668 Dirt · Off grid	206.8	Jun 20, 2026	$1,272,400	6,153	7,076	6.9 mi	74
CA-327392 Dirt · Full utilities	169.3	May 16, 2026	$1,777,000	10,495	7,990	5.2 mi	74
CA-917421 Gravel · Power at road	172.9	May 2, 2026	$1,116,700	6,458	5,197	11.9 mi	65
CA-419566 Dirt · Off grid	817.9	Jul 27, 2024	$2,763,400	3,379	6,308	9.0 mi	65
CA-408098 Gravel · Power at road	282.4	Apr 10, 2024	$2,627,600	9,305	9,331	7.8 mi	63

Show adjustment detail for the top comp

Utilities (Power at road → Full utilities)+22.0%

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.

Build the listing kit Post a deal or JV