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Sherman County, OR · Sold

OR-572774

390 County Road 389

$66,000
$10,410/ac · 6.34 ac
Acreage6.34 ac
Price per acre$10,410/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedNov 25, 2023
Coordinates45.3437, -120.6391
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

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands3.5% of tract

Little to no mapped wetland coverage.

Average slope12.0%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

598 ft of deeded road frontage.

Power62 ft away

Power at or near the road.

Buildable area5.81 of 6.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$67,366
$50,212$84,520 · $10,626/ac on 6.34 ac
Asking vs estimate
-2.0%
In line with 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 $66,000
Maximum allowable offer
$38,495
$6,072/ac · +30.0% target margin

You need $27,505 off asking to hit this margin.

All-in cost$41,767
Net resale$61,977
Projected profit$20,210
ROI+48.4%
Annualized+69.2%
Break-even resale$7,161/ac
Profit if resale lands off target
-20%
$7,814
-10%
$14,012
0%
$20,210
+10%
$26,407
+20%
$32,605
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-112769
Landlocked · Off grid
6.3Jul 27, 2026$23,8003,7687,7082.7 mi
92
OR-282476
Dirt · Power at road
5.1Jul 27, 2026$37,0007,2489,8572.4 mi
86
OR-422250
Dirt · Off grid
4.3Oct 28, 2025$21,7005,0068,2024.3 mi
78
OR-161476
Landlocked · Full utilities
2.5Jul 27, 2026$19,2007,73510,6370.7 mi
75
OR-742576
Landlocked · Off grid
5.5May 23, 2025$31,0005,65512,0505.4 mi
74
OR-533459
Gravel · Full utilities
10.4Mar 9, 2025$73,1007,0117,4392.7 mi
74
OR-202743
Dirt · Off grid
6.2Dec 27, 2024$41,4006,67311,4967.3 mi
73
OR-682981
Paved · Off grid
7.4Aug 3, 2024$53,8007,3049,4126.0 mi
73
OR-123101
Paved · Power at road
8.0Jul 25, 2024$118,10014,68916,1957.5 mi
72
OR-692531
Landlocked · Off grid
5.3Sep 27, 2024$35,1006,60214,4123.6 mi
72
Show adjustment detail for the top comp
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Off grid → Power at road)+17.6%

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.