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Pierce County, WA · Sold

WA-618931

116 County Road 245

$2,100,300
$4,649/ac · 452 ac
Acreage452 ac
Price per acre$4,649/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedMay 31, 2024
Coordinates46.9600, -122.1781
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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

Pierce County, Washington. Eastern Washington irrigated ground and Cascade foothill lots.

View Pierce market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
28
Low risk
Wetlands23.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

4,599 ft of deeded road frontage.

Power4,044 ft away

Service extension needed; get a utility quote.

Buildable area327.46 of 451.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,956,382
$1,569,731$2,343,033 · $4,331/ac on 452 ac
Asking vs estimate
+7.4%
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 $2,100,300
Maximum allowable offer
$1,117,933
$2,475/ac · +30.0% target margin

You need $982,367 off asking to hit this margin.

All-in cost$1,212,957
Net resale$1,799,872
Projected profit$586,914
ROI+48.4%
Annualized+69.2%
Break-even resale$2,918/ac
Profit if resale lands off target
-20%
$226,940
-10%
$406,927
0%
$586,914
+10%
$766,901
+20%
$946,889
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WA-368470
Paved · Off grid
323.5Apr 15, 2025$1,543,9004,7733,8698.1 mi
70
WA-899588
Landlocked · Power at road
727.1May 28, 2025$1,785,0002,4553,72812.1 mi
65
WA-226210
Paved · Power at road
62.9Jul 27, 2026$567,0009,0103,84212.3 mi
59
WA-717387
Gravel · Off grid
147.6Feb 9, 2024$1,112,0007,5336,0528.4 mi
59
WA-266034
Paved · Power at road
55.4Dec 27, 2025$562,50010,1544,3176.6 mi
57
Show adjustment detail for the top comp
  • Tract size (323.5 ac → 451.76 ac)-9.4%
  • Access (Paved → Gravel)-15.3%
  • Market time (16 mo)+5.6%

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.