Morgan County, UT · Sold

UT-659108

8639 County Road 400

$1,939,200

$2,643/ac · 734 ac

Offer report Market this tract

Acreage734 ac

Price per acre$2,643/ac

ZoningMixed Use

Road accessDirt

UtilitiesOff grid

TopographyRolling

ListedSep 30, 2024

Coordinates41.1423, -111.6762

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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

Morgan County, Utah. Off-grid ranchette subdivisions and Wasatch-adjacent acreage.

View Morgan market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Low risk

Wetlands11.1% of tract

Little to no mapped wetland coverage.

Average slope7.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

4,400 ft of deeded road frontage.

Power5,892 ft away

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

Buildable area619.61 of 733.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,931,164

$1,496,789 – $2,365,539 · $2,632/ac on 734 ac

Asking vs estimate

+0.4%

In line with 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 $1,939,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,103,522

$1,504/ac · +30.0% target margin

You need $835,678 off asking to hit this margin.

All-in cost$1,197,321

Net resale$1,776,671

Projected profit$579,350

ROI+48.4%

Annualized+69.2%

Break-even resale$1,774/ac

Profit if resale lands off target

-20%

$224,015

-10%

$401,683

$579,350

+10%

$757,017

+20%

$934,684

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
UT-908834 Gravel · Off grid	601.6	Jul 9, 2026	$1,657,500	2,755	2,239	7.4 mi	82
UT-829023 Gravel · Full utilities	689.8	Jul 27, 2026	$3,307,900	4,795	2,826	10.3 mi	82
UT-248732 Dirt · Full utilities	558.7	Nov 26, 2025	$1,703,100	3,048	2,013	9.0 mi	75
UT-209247 Dirt · Power at road	811.4	Sep 12, 2024	$3,329,400	4,103	3,889	6.2 mi	74
UT-787728 Dirt · Power at road	270.0	Jul 27, 2026	$1,031,400	3,820	2,413	4.5 mi	74
UT-227735 Dirt · Full utilities	271.4	Oct 6, 2025	$1,440,000	5,307	2,845	10.7 mi	64
UT-737656 Gravel · Off grid	256.3	Apr 4, 2025	$847,100	3,306	2,196	6.2 mi	63

Show adjustment detail for the top comp

Tract size (601.57 ac → 733.66 ac)-5.9%
Access (Gravel → Dirt)-14.0%
Market time (1 mo)+0.4%

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.

Build the listing kit Post a deal or JV