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Polk County, OR · Sold

OR-878378

1858 County Road 400

$1,418,200
$3,859/ac · 367 ac
Acreage367 ac
Price per acre$3,859/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedSep 6, 2023
Coordinates44.8407, -123.5076
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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

4 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands39.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.8%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

4,119 ft of deeded road frontage.

Power5,304 ft away

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

Buildable area210.87 of 367.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,085,921
$878,581$1,293,262 · $2,955/ac on 367 ac
Asking vs estimate
+30.6%
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 $1,418,200
Maximum allowable offer
$620,527
$1,689/ac · +30.0% target margin

You need $797,673 off asking to hit this margin.

All-in cost$673,272
Net resale$999,048
Projected profit$325,776
ROI+48.4%
Annualized+69.2%
Break-even resale$1,991/ac
Profit if resale lands off target
-20%
$125,966
-10%
$225,871
0%
$325,776
+10%
$425,681
+20%
$525,585
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-688157
Landlocked · Off grid
313.1Jul 27, 2026$653,6002,0882,5245.2 mi
85
OR-618242
Gravel · Off grid
333.0Jul 27, 2026$1,073,1003,2222,6989.1 mi
84
OR-438458
Gravel · Power at road
389.4Oct 16, 2024$1,485,8003,8153,0563.6 mi
79
OR-467674
Dirt · Off grid
220.7Feb 16, 2026$883,9004,0053,5284.7 mi
78
OR-337599
Paved · Off grid
209.0Nov 21, 2025$1,067,1005,1063,2594.7 mi
78
OR-738526
Dirt · Power at road
409.1Jul 28, 2024$1,089,8002,6642,5395.4 mi
75
OR-837943
Gravel · Power at road
268.2Dec 18, 2025$844,9003,1512,1599.9 mi
72
OR-908115
Dirt · Full utilities
303.7Nov 11, 2024$998,4003,2872,3268.7 mi
72
OR-499596
Dirt · Power at road
888.1Jun 20, 2026$3,054,6003,4403,84713.4 mi
69
OR-587166
Landlocked · Power at road
152.7Feb 28, 2026$673,8004,4123,7708.8 mi
66
Show adjustment detail for the top comp
  • Tract size (313.12 ac → 367.49 ac)-4.6%
  • Access (Landlocked → Dirt)+26.5%

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.