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Merced County, CA · Sold

CA-757412

6022 County Road 118

$1,535,600
$8,939/ac · 172 ac
Acreage172 ac
Price per acre$8,939/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedFeb 19, 2024
Coordinates37.2946, -120.5940
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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

5 items to verify before you offer.

Risk index
30
Moderate risk
Wetlands14.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.3%

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.

Power12,668 ft away

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

Buildable area139.37 of 171.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,280,548
$1,118,061$1,443,035 · $7,454/ac on 172 ac
Asking vs estimate
+19.9%
Priced above 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 $1,535,600
Maximum allowable offer
$731,742
$4,260/ac · +30.0% target margin

You need $803,858 off asking to hit this margin.

All-in cost$793,940
Net resale$1,178,104
Projected profit$384,164
ROI+48.4%
Annualized+69.2%
Break-even resale$5,023/ac
Profit if resale lands off target
-20%
$148,543
-10%
$266,354
0%
$384,164
+10%
$501,975
+20%
$619,785
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-197644
Gravel · Full utilities
203.2Jul 27, 2026$2,372,70011,6758,5393.2 mi
87
CA-746799
Landlocked · Off grid
110.2Feb 24, 2025$612,8005,5617,7286.5 mi
69
CA-288208
Gravel · Off grid
305.8Oct 22, 2025$1,440,8004,7125,73517.6 mi
68
CA-328329
Gravel · Power at road
333.8Feb 18, 2025$2,250,8006,7437,35416.7 mi
61
CA-815706
Landlocked · Full utilities
49.9Dec 23, 2025$485,6009,7287,6119.0 mi
61
Show adjustment detail for the top comp
  • Tract size (203.23 ac → 171.79 ac)+4.7%
  • 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.