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Monterey County, CA · Sold

CA-377610

2774 County Road 264

$711,100
$3,586/ac · 198 ac
Acreage198 ac
Price per acre$3,586/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedApr 15, 2024
Coordinates36.2155, -121.2508
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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

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

View Monterey market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
27
Low risk
Wetlands3.8% of tract

Little to no mapped wetland coverage.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power167 ft away

Power at or near the road.

Buildable area181.22 of 198.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$835,994
$702,515$969,474 · $4,216/ac on 198 ac
Asking vs estimate
-14.9%
Priced below the comp set

Weighted from 10 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 $711,100
Maximum allowable offer
$477,711
$2,409/ac · +30.0% target margin

You need $233,389 off asking to hit this margin.

All-in cost$518,316
Net resale$769,115
Projected profit$250,798
ROI+48.4%
Annualized+69.2%
Break-even resale$2,841/ac
Profit if resale lands off target
-20%
$96,975
-10%
$173,887
0%
$250,798
+10%
$327,710
+20%
$404,621
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-427730
Landlocked · Power at road
216.3Jul 27, 2026$822,4003,8023,9045.3 mi
89
CA-887151
Gravel · Off grid
142.2Jul 27, 2026$731,2005,1423,7676.7 mi
79
CA-807682
Paved · Off grid
208.9Jul 18, 2025$1,072,0005,1323,6905.2 mi
77
CA-547512
Paved · Full utilities
184.7Jan 1, 2025$1,799,1009,7414,8196.6 mi
73
CA-337717
Dirt · Full utilities
214.3Jun 12, 2025$1,516,9007,0794,92010.6 mi
73
CA-706510
Dirt · Off grid
89.4May 13, 2026$654,8007,3275,5994.2 mi
72
CA-975943
Dirt · Off grid
59.3Apr 20, 2026$283,6004,7843,3407.2 mi
69
CA-746436
Landlocked · Power at road
84.7Dec 22, 2025$396,1004,6763,85412.1 mi
68
CA-619217
Paved · Off grid
635.1Oct 27, 2025$2,441,8003,8443,7939.9 mi
60
CA-459313
Dirt · Full utilities
680.9Oct 28, 2023$2,978,1004,3744,5576.0 mi
59
Show adjustment detail for the top comp
  • Tract size (216.3 ac → 198.29 ac)+2.5%

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.