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Merced County, CA · Sold

CA-165243

5081 County Road 229

$454,200
$12,726/ac · 35.69 ac
Acreage35.69 ac
Price per acre$12,726/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedOct 29, 2023
Coordinates37.2918, -120.7941
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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

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

View Merced market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
10
Low risk
Wetlands6.0% of tract

Little to no mapped wetland coverage.

Average slope9.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,344 ft of deeded road frontage.

Power49 ft away

Power at or near the road.

Buildable area31.87 of 35.69 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$494,319
$442,516$546,122 · $13,850/ac on 35.69 ac
Asking vs estimate
-8.1%
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 $454,200
Maximum allowable offer
$282,468
$7,914/ac · +30.0% target margin

You need $171,732 off asking to hit this margin.

All-in cost$306,478
Net resale$454,773
Projected profit$148,296
ROI+48.4%
Annualized+69.2%
Break-even resale$9,334/ac
Profit if resale lands off target
-20%
$57,341
-10%
$102,818
0%
$148,296
+10%
$193,773
+20%
$239,250
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-834911
Dirt · Off grid
28.1Jul 27, 2026$343,80012,25316,1489.5 mi
79
CA-815706
Landlocked · Full utilities
49.9Dec 23, 2025$485,6009,72812,8247.4 mi
73
CA-964110
Landlocked · Off grid
15.7Jul 27, 2026$148,4009,44714,5857.9 mi
71
CA-114673
Dirt · Off grid
23.6Apr 1, 2026$223,0009,44112,29215.0 mi
70
CA-746799
Landlocked · Off grid
110.2Feb 24, 2025$612,8005,56113,0215.8 mi
59
Show adjustment detail for the top comp
  • Tract size (28.06 ac → 35.69 ac)-3.9%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%

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.