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Merced County, CA · Sold

CA-202271

2188 County Road 192

$89,900
$21,663/ac · 4.15 ac
Acreage4.15 ac
Price per acre$21,663/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedJul 8, 2024
Coordinates37.2145, -120.6576
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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

1 item to verify before you offer.

Risk index
15
Low risk
Wetlands9.3% of tract

Little to no mapped wetland coverage.

Average slope1.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

439 ft of deeded road frontage.

Power10,498 ft away

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

Buildable area3.58 of 4.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$63,294
$54,952$71,636 · $15,252/ac on 4.15 ac
Asking vs estimate
+42.0%
Priced above the comp set

Weighted from 7 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 $89,900
Maximum allowable offer
$36,168
$8,715/ac · +30.0% target margin

You need $53,732 off asking to hit this margin.

All-in cost$39,242
Net resale$58,231
Projected profit$18,988
ROI+48.4%
Annualized+69.3%
Break-even resale$10,278/ac
Profit if resale lands off target
-20%
$7,342
-10%
$13,165
0%
$18,988
+10%
$24,811
+20%
$30,634
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-361219
Gravel · Power at road
1.9Jul 27, 2026$41,90021,69618,0891.3 mi
79
CA-834911
Dirt · Off grid
28.1Jul 27, 2026$343,80012,25316,9221.7 mi
73
CA-964110
Landlocked · Off grid
15.7Jul 27, 2026$148,4009,44715,2856.0 mi
69
CA-473369
Gravel · Power at road
9.2Dec 13, 2025$160,00017,42515,9148.8 mi
68
CA-114673
Dirt · Off grid
23.6Apr 1, 2026$223,0009,44112,8818.2 mi
62
CA-411208
Dirt · Off grid
1.9May 18, 2024$18,7009,73812,12610.7 mi
60
CA-165243
Gravel · Power at road
35.7Nov 7, 2024$447,40012,53514,1139.2 mi
52
Show adjustment detail for the top comp
  • Tract size (1.93 ac → 4.15 ac)-2.1%
  • Utilities (Power at road → Off grid)-15.0%

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.