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Sherman County, OR · Sold

OR-422250

8556 County Road 367

$21,300
$4,908/ac · 4.34 ac
Acreage4.34 ac
Price per acre$4,908/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedJun 4, 2025
Coordinates45.3368, -120.7281
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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

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

View Sherman market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
28
Low risk
Wetlands19.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

528 ft of deeded road frontage.

Power11,198 ft away

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

Buildable area3.31 of 4.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$29,053
$23,609$34,497 · $6,694/ac on 4.34 ac
Asking vs estimate
-26.7%
Priced below 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 $21,300
Maximum allowable offer
$16,602
$3,825/ac · +30.0% target margin

You need $4,698 off asking to hit this margin.

All-in cost$18,013
Net resale$26,729
Projected profit$8,716
ROI+48.4%
Annualized+69.2%
Break-even resale$4,511/ac
Profit if resale lands off target
-20%
$3,370
-10%
$6,043
0%
$8,716
+10%
$11,389
+20%
$14,062
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-282476
Dirt · Power at road
5.1Jul 27, 2026$37,0007,2486,2186.5 mi
85
OR-112769
Landlocked · Off grid
6.3Jul 27, 2026$23,8003,7684,8626.7 mi
84
OR-161476
Landlocked · Full utilities
2.5Jul 27, 2026$19,2007,7356,7104.8 mi
76
OR-742576
Landlocked · Off grid
5.5May 23, 2025$31,0005,6557,6026.6 mi
74
OR-572774
Paved · Power at road
6.3Feb 1, 2025$68,20010,7647,2284.3 mi
74
OR-251767
Landlocked · Off grid
3.1Jun 26, 2025$17,5005,7237,4935.5 mi
73
OR-692531
Landlocked · Off grid
5.3Sep 27, 2024$35,1006,6029,0917.4 mi
71
OR-202743
Dirt · Off grid
6.2Dec 27, 2024$41,4006,6737,2529.4 mi
71
OR-533459
Gravel · Full utilities
10.4Mar 9, 2025$73,1007,0114,6936.7 mi
66
OR-682981
Paved · Off grid
7.4Aug 3, 2024$53,8007,3045,9378.9 mi
64
Show adjustment detail for the top comp
  • Tract size (5.11 ac → 4.34 ac)+0.7%
  • Utilities (Power at road → Off grid)-15.0%

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.