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Merced County, CA · Sold

CA-746799

8915 County Road 379

$604,300
$5,484/ac · 110 ac
Acreage110 ac
Price per acre$5,484/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedFeb 5, 2024
Coordinates37.2538, -120.7006
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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
50
Moderate risk
Wetlands14.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power10,680 ft away

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

Buildable area89.29 of 110.19 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$665,037
$561,139$768,935 · $6,035/ac on 110 ac
Asking vs estimate
-9.1%
Priced below the comp set

Weighted from 6 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 $604,300
Maximum allowable offer
$380,021
$3,449/ac · +30.0% target margin

You need $224,279 off asking to hit this margin.

All-in cost$412,323
Net resale$611,834
Projected profit$199,511
ROI+48.4%
Annualized+69.2%
Break-even resale$4,067/ac
Profit if resale lands off target
-20%
$77,145
-10%
$138,328
0%
$199,511
+10%
$260,695
+20%
$321,878
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-197644
Gravel · Full utilities
203.2Jul 27, 2026$2,372,70011,6756,5243.4 mi
77
CA-815706
Landlocked · Full utilities
49.9Dec 23, 2025$485,6009,7285,8163.4 mi
72
CA-757412
Gravel · Off grid
171.8Feb 7, 2025$1,589,3009,2527,5206.5 mi
69
CA-288208
Gravel · Off grid
305.8Oct 22, 2025$1,440,8004,7124,38212.2 mi
62
CA-328329
Gravel · Power at road
333.8Feb 18, 2025$2,250,8006,7435,61910.8 mi
61
CA-165243
Gravel · Power at road
35.7Nov 7, 2024$447,40012,5356,1085.8 mi
58
Show adjustment detail for the top comp
  • Tract size (203.23 ac → 110.19 ac)+17.7%
  • Access (Gravel → Landlocked)-32.0%
  • 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.