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Morgan County, UT · Sold

UT-376583

5986 County Road 123

$618,500
$5,251/ac · 118 ac
Acreage118 ac
Price per acre$5,251/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedDec 22, 2023
Coordinates41.0109, -111.6218
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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

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands4.7% of tract

Little to no mapped wetland coverage.

Average slope4.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,007 ft of deeded road frontage.

Power38 ft away

Power at or near the road.

Buildable area106.64 of 117.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$709,609
$562,004$857,213 · $6,024/ac on 118 ac
Asking vs estimate
-12.8%
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 $618,500
Maximum allowable offer
$405,491
$3,442/ac · +30.0% target margin

You need $213,009 off asking to hit this margin.

All-in cost$439,958
Net resale$652,840
Projected profit$212,882
ROI+48.4%
Annualized+69.2%
Break-even resale$4,060/ac
Profit if resale lands off target
-20%
$82,314
-10%
$147,598
0%
$212,882
+10%
$278,166
+20%
$343,450
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
UT-406383
Dirt · Off grid
101.9Mar 1, 2026$355,9003,4934,6965.8 mi
79
UT-856336
Gravel · Power at road
98.5Aug 24, 2025$613,8006,2326,2047.9 mi
79
UT-575408
Dirt · Power at road
50.3Jul 27, 2026$380,8007,5737,26011.5 mi
75
UT-195835
Landlocked · Power at road
68.5Jul 12, 2026$361,5005,2776,84210.1 mi
75
UT-745837
Landlocked · Power at road
68.6Sep 14, 2025$380,7005,5487,4459.7 mi
73
UT-185461
Dirt · Full utilities
52.3Jul 27, 2026$223,4004,2763,3866.7 mi
72
UT-787728
Dirt · Power at road
270.0Jul 27, 2026$1,031,4003,8205,5849.8 mi
72
UT-147012
Paved · Power at road
160.7Mar 23, 2025$1,182,8007,3597,1659.4 mi
70
UT-737656
Gravel · Off grid
256.3Apr 4, 2025$847,1003,3065,0816.6 mi
66
UT-227735
Dirt · Full utilities
271.4Oct 6, 2025$1,440,0005,3076,5828.1 mi
65
Show adjustment detail for the top comp
  • Tract size (101.9 ac → 117.79 ac)-3.6%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (6 mo)+1.9%

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.