← New search
Morrow County, OR · Sold

OR-108072

8154 County Road 227

$1,027,300
$3,489/ac · 294 ac
Acreage294 ac
Price per acre$3,489/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedOct 24, 2023
Coordinates45.4423, -119.6390
Loading terrain…
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

Morrow County, Oregon. High-desert lots east of the Cascades, strict land-use rules west.

View Morrow market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
21
Low risk
Wetlands2.0% of tract

Little to no mapped wetland coverage.

Average slope7.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power14,138 ft away

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

Buildable area274.11 of 294.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,163,937
$908,612$1,419,262 · $3,953/ac on 294 ac
Asking vs estimate
-11.7%
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 $1,027,300
Maximum allowable offer
$665,107
$2,259/ac · +30.0% target margin

You need $362,193 off asking to hit this margin.

All-in cost$721,641
Net resale$1,070,822
Projected profit$349,181
ROI+48.4%
Annualized+69.2%
Break-even resale$2,664/ac
Profit if resale lands off target
-20%
$135,017
-10%
$242,099
0%
$349,181
+10%
$456,263
+20%
$563,346
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-317697
Dirt · Full utilities
224.4Aug 31, 2025$1,303,0005,8074,5275.2 mi
79
OR-299154
Gravel · Power at road
644.7Jul 4, 2026$2,982,7004,6264,9955.4 mi
75
OR-639154
Landlocked · Off grid
644.7Apr 28, 2025$1,155,1001,7923,5122.1 mi
68
OR-849976
Dirt · Full utilities
1169.5Jul 10, 2026$3,332,0002,8493,5224.4 mi
67
OR-836294
Dirt · Full utilities
81.2Jan 5, 2026$327,6004,0352,3804.8 mi
63
OR-676001
Gravel · Off grid
65.7Oct 13, 2023$393,5005,9914,5376.0 mi
61
Show adjustment detail for the top comp
  • Tract size (224.38 ac → 294.42 ac)-7.5%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (11 mo)+4.0%

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.