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Merced County, CA · Sold

CA-659223

3874 County Road 92

$5,756,900
$9,024/ac · 638 ac
Acreage638 ac
Price per acre$9,024/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedMar 6, 2025
Coordinates37.2605, -120.8191
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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

4 items to verify before you offer.

Risk index
21
Low risk
Wetlands13.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.1%

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.

Power205 ft away

Power at or near the road.

Buildable area527.24 of 637.92 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,771,897
$3,974,505$5,569,290 · $7,480/ac on 638 ac
Asking vs estimate
+20.6%
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 $5,756,900
Maximum allowable offer
$2,726,799
$4,275/ac · +30.0% target margin

You need $3,030,101 off asking to hit this margin.

All-in cost$2,958,577
Net resale$4,390,146
Projected profit$1,431,569
ROI+48.4%
Annualized+69.2%
Break-even resale$5,041/ac
Profit if resale lands off target
-20%
$553,540
-10%
$992,554
0%
$1,431,569
+10%
$1,870,583
+20%
$2,309,598
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-629866
Landlocked · Full utilities
1016.4May 22, 2025$4,532,1004,4597,7026.1 mi
73
CA-197644
Gravel · Full utilities
203.2Jul 27, 2026$2,372,70011,6758,0829.8 mi
67
CA-328329
Gravel · Power at road
333.8Feb 18, 2025$2,250,8006,7436,9609.6 mi
64
CA-288208
Gravel · Off grid
305.8Oct 22, 2025$1,440,8004,7125,42812.0 mi
64
CA-757412
Gravel · Off grid
171.8Feb 7, 2025$1,589,3009,2529,31512.6 mi
59
Show adjustment detail for the top comp
  • Tract size (1016.39 ac → 637.92 ac)+15.4%
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (15 mo)+5.2%

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.