← New search
Polk County, OR · Sold

OR-877332

1000 County Road 247

$1,089,900
$6,327/ac · 172 ac
Acreage172 ac
Price per acre$6,327/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedFeb 16, 2024
Coordinates44.9820, -123.4978
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

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

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands16.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,457 ft of deeded road frontage.

Power242 ft away

Power at or near the road.

Buildable area136.31 of 172.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$864,417
$697,419$1,031,416 · $5,018/ac on 172 ac
Asking vs estimate
+26.1%
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 $1,089,900
Maximum allowable offer
$493,953
$2,868/ac · +30.0% target margin

You need $595,947 off asking to hit this margin.

All-in cost$535,939
Net resale$795,264
Projected profit$259,325
ROI+48.4%
Annualized+69.2%
Break-even resale$3,382/ac
Profit if resale lands off target
-20%
$100,272
-10%
$179,799
0%
$259,325
+10%
$338,851
+20%
$418,378
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-587166
Landlocked · Power at road
152.7Feb 28, 2026$673,8004,4126,40310.8 mi
78
OR-337599
Paved · Off grid
209.0Nov 21, 2025$1,067,1005,1065,5355.1 mi
76
OR-467674
Dirt · Off grid
220.7Feb 16, 2026$883,9004,0055,9907.5 mi
76
OR-376504
Gravel · Off grid
94.5Jul 12, 2026$383,1004,0524,0989.7 mi
75
OR-688157
Landlocked · Off grid
313.1Jul 27, 2026$653,6002,0884,2877.2 mi
74
OR-618242
Gravel · Off grid
333.0Jul 27, 2026$1,073,1003,2224,58211.7 mi
74
OR-837943
Gravel · Power at road
268.2Dec 18, 2025$844,9003,1513,66612.5 mi
73
OR-746178
Paved · Off grid
74.7Jul 27, 2026$482,6006,4635,2316.4 mi
72
OR-117439
Dirt · Power at road
186.1Jun 22, 2024$908,0004,8786,31711.7 mi
70
OR-908115
Dirt · Full utilities
303.7Nov 11, 2024$998,4003,2873,9501.2 mi
68
Show adjustment detail for the top comp
  • Tract size (152.73 ac → 172.25 ac)-3.2%
  • Access (Landlocked → Gravel)+47.1%
  • Market time (6 mo)+1.9%

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.