Riverside County, CA · Sold

CA-616723

2429 County Road 292

$1,050,600

$10,074/ac · 104 ac

Offer report Market this tract

Acreage104 ac

Price per acre$10,074/ac

ZoningAgricultural

Road accessPaved

UtilitiesFull utilities

TopographyMixed

ListedJul 19, 2026

Coordinates33.5914, -116.0773

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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

Riverside County, California. Wide spread between Central Valley ag ground and buildable foothill parcels.

View Riverside market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands2.8% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,882 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area96.30 of 104.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$939,755

$714,760 – $1,164,749 · $9,011/ac on 104 ac

Asking vs estimate

+11.8%

Priced above the comp set

Weighted from 9 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 $1,050,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$537,003

$5,149/ac · +30.0% target margin

You need $513,597 off asking to hit this margin.

All-in cost$582,648

Net resale$864,574

Projected profit$281,926

ROI+48.4%

Annualized+69.2%

Break-even resale$6,073/ac

Profit if resale lands off target

-20%

$109,011

-10%

$195,469

$281,926

+10%

$368,384

+20%

$454,841

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
CA-815739 Paved · Off grid	51.1	Mar 22, 2026	$258,100	5,048	6,270	14.0 mi	69
CA-935649 Dirt · Power at road	47.9	Dec 12, 2025	$212,400	4,434	6,412	5.3 mi	68
CA-768306 Landlocked · Off grid	328.3	Jul 27, 2026	$791,200	2,410	8,236	12.1 mi	65
CA-185543 Dirt · Power at road	44.4	Feb 27, 2026	$233,800	5,271	7,445	11.5 mi	65
CA-955007 Dirt · Off grid	30.1	Jul 27, 2026	$217,000	7,211	11,003	12.6 mi	65
CA-707603 Paved · Off grid	197.3	Aug 31, 2024	$1,298,600	6,583	12,100	13.3 mi	61
CA-305982 Gravel · Off grid	61.0	Sep 5, 2024	$429,800	7,050	11,402	11.1 mi	61
CA-835666 Gravel · Off grid	48.5	Dec 11, 2024	$343,400	7,082	10,813	11.1 mi	60
CA-378376 Gravel · Off grid	345.4	Feb 17, 2024	$1,046,300	3,030	7,877	16.2 mi	50

Show adjustment detail for the top comp

Tract size (51.13 ac → 104.29 ac)-14.9%
Utilities (Off grid → Full utilities)+43.5%
Market time (5 mo)+1.7%

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.

Build the listing kit Post a deal or JV