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Sherman County, OR · Sold

OR-692531

8670 County Road 349

$33,900
$6,372/ac · 5.32 ac
Acreage5.32 ac
Price per acre$6,372/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedFeb 26, 2024
Coordinates45.3142, -120.5790
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

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

5 items to verify before you offer.

Risk index
67
High risk
Wetlands33.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power8,692 ft away

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

Buildable area3.35 of 5.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$27,987
$22,967$33,008 · $5,261/ac on 5.32 ac
Asking vs estimate
+21.1%
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 $33,900
Maximum allowable offer
$15,993
$3,006/ac · +30.0% target margin

You need $17,907 off asking to hit this margin.

All-in cost$17,352
Net resale$25,748
Projected profit$8,396
ROI+48.4%
Annualized+69.2%
Break-even resale$3,545/ac
Profit if resale lands off target
-20%
$3,246
-10%
$5,821
0%
$8,396
+10%
$10,971
+20%
$13,546
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-282476
Dirt · Power at road
5.1Jul 27, 2026$37,0007,2484,8733.7 mi
91
OR-112769
Landlocked · Off grid
6.3Jul 27, 2026$23,8003,7683,8103.9 mi
88
OR-742576
Landlocked · Off grid
5.5May 23, 2025$31,0005,6555,9578.3 mi
79
OR-161476
Landlocked · Full utilities
2.5Jul 27, 2026$19,2007,7355,2583.7 mi
77
OR-422250
Dirt · Off grid
4.3Oct 28, 2025$21,7005,0064,0547.4 mi
76
OR-213851
Landlocked · Off grid
13.8Apr 15, 2025$87,2006,3007,1301.2 mi
74
OR-572774
Paved · Power at road
6.3Feb 1, 2025$68,20010,7645,6643.6 mi
73
OR-202743
Dirt · Off grid
6.2Dec 27, 2024$41,4006,6735,6839.5 mi
72
OR-251767
Landlocked · Off grid
3.1Jun 26, 2025$17,5005,7235,87111.6 mi
70
OR-682981
Paved · Off grid
7.4Aug 3, 2024$53,8007,3044,6527.7 mi
68
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%
  • 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.