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Polk County, OR · Sold

OR-146928

1385 County Road 192

$485,500
$3,777/ac · 129 ac
Acreage129 ac
Price per acre$3,777/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedMar 12, 2024
Coordinates44.9510, -123.2969
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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

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

View Polk market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
30
Moderate risk
Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power5,822 ft away

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

Buildable area120.17 of 128.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$416,842
$342,110$491,575 · $3,243/ac on 129 ac
Asking vs estimate
+16.5%
Priced above 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 $485,500
Maximum allowable offer
$238,196
$1,853/ac · +30.0% target margin

You need $247,304 off asking to hit this margin.

All-in cost$258,443
Net resale$383,495
Projected profit$125,052
ROI+48.4%
Annualized+69.2%
Break-even resale$2,185/ac
Profit if resale lands off target
-20%
$48,353
-10%
$86,703
0%
$125,052
+10%
$163,402
+20%
$201,751
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-376504
Gravel · Off grid
94.5Jul 12, 2026$383,1004,0522,5604.5 mi
82
OR-587166
Landlocked · Power at road
152.7Feb 28, 2026$673,8004,4124,0005.5 mi
81
OR-688157
Landlocked · Off grid
313.1Jul 27, 2026$653,6002,0882,6787.7 mi
80
OR-746178
Paved · Off grid
74.7Jul 27, 2026$482,6006,4633,26811.2 mi
79
OR-618242
Gravel · Off grid
333.0Jul 27, 2026$1,073,1003,2222,8636.1 mi
77
OR-467674
Dirt · Off grid
220.7Feb 16, 2026$883,9004,0053,7438.1 mi
73
OR-337599
Paved · Off grid
209.0Nov 21, 2025$1,067,1005,1063,45810.1 mi
70
OR-877332
Gravel · Power at road
172.3Apr 16, 2025$973,3005,6503,72810.1 mi
69
OR-837943
Gravel · Power at road
268.2Dec 18, 2025$844,9003,1512,2916.2 mi
68
OR-686192
Gravel · Off grid
75.4Aug 17, 2024$458,0006,0733,92810.7 mi
68
Show adjustment detail for the top comp
  • Tract size (94.55 ac → 128.55 ac)-7.4%
  • Access (Gravel → Landlocked)-32.0%
  • 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.