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Morrow County, OR · Sold

OR-335509

2590 County Road 48

$273,100
$5,938/ac · 45.99 ac
Acreage45.99 ac
Price per acre$5,938/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedMar 17, 2024
Coordinates45.5277, -119.4709
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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

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

4 items to verify before you offer.

Risk index
25
Low risk
Wetlands16.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,712 ft of deeded road frontage.

Power9,546 ft away

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

Buildable area36.61 of 45.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$208,997
$150,478$267,516 · $4,544/ac on 45.99 ac
Asking vs estimate
+30.7%
Priced above the comp set

Weighted from 5 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 $273,100
Maximum allowable offer
$119,427
$2,597/ac · +30.0% target margin

You need $153,673 off asking to hit this margin.

All-in cost$129,578
Net resale$192,277
Projected profit$62,699
ROI+48.4%
Annualized+69.2%
Break-even resale$3,063/ac
Profit if resale lands off target
-20%
$24,243
-10%
$43,471
0%
$62,699
+10%
$81,927
+20%
$101,154
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-374809
Dirt · Full utilities
27.7Nov 15, 2025$122,5004,4233,3849.7 mi
73
OR-836294
Dirt · Full utilities
81.2Jan 5, 2026$327,6004,0353,7876.9 mi
70
OR-676001
Gravel · Off grid
65.7Oct 13, 2023$393,5005,9917,2196.3 mi
69
OR-675047
Gravel · Power at road
32.9Mar 23, 2025$175,9005,3444,52716.8 mi
67
OR-983939
Gravel · Power at road
14.8Mar 27, 2025$73,2004,9613,76710.6 mi
59
Show adjustment detail for the top comp
  • Tract size (27.69 ac → 45.99 ac)-8.4%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (9 mo)+3.1%

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.