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Sherman County, OR · Sold

OR-282476

4563 County Road 138

$39,400
$7,710/ac · 5.11 ac
Acreage5.11 ac
Price per acre$7,710/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedSep 30, 2025
Coordinates45.3660, -120.6005
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

3 items to verify before you offer.

Risk index
24
Low risk
Wetlands0.6% of tract

Little to no mapped wetland coverage.

Average slope19.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power137 ft away

Power at or near the road.

Buildable area4.06 of 5.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$43,339
$33,382$53,297 · $8,481/ac on 5.11 ac
Asking vs estimate
-9.1%
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 $39,400
Maximum allowable offer
$24,765
$4,846/ac · +30.0% target margin

You need $14,635 off asking to hit this margin.

All-in cost$26,870
Net resale$39,872
Projected profit$13,002
ROI+48.4%
Annualized+69.3%
Break-even resale$5,716/ac
Profit if resale lands off target
-20%
$5,028
-10%
$9,015
0%
$13,002
+10%
$16,989
+20%
$20,977
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-112769
Landlocked · Off grid
6.3Jul 27, 2026$23,8003,7685,6800.3 mi
85
OR-692531
Landlocked · Off grid
5.3Sep 27, 2024$35,1006,60210,6203.7 mi
79
OR-422250
Dirt · Off grid
4.3Oct 28, 2025$21,7005,0066,0446.5 mi
78
OR-161476
Landlocked · Full utilities
2.5Jul 27, 2026$19,2007,7357,8381.8 mi
77
OR-742576
Landlocked · Off grid
5.5May 23, 2025$31,0005,6558,8804.8 mi
76
OR-572774
Paved · Power at road
6.3Feb 1, 2025$68,20010,7648,4432.4 mi
75
OR-202743
Dirt · Off grid
6.2Dec 27, 2024$41,4006,6738,4725.7 mi
74
OR-123101
Paved · Power at road
8.0Jul 25, 2024$118,10014,68911,9348.0 mi
70
OR-213851
Landlocked · Off grid
13.8Apr 15, 2025$87,2006,30010,6282.5 mi
68
OR-682981
Paved · Off grid
7.4Aug 3, 2024$53,8007,3046,9354.1 mi
68
Show adjustment detail for the top comp
  • Tract size (6.32 ac → 5.11 ac)+1.1%
  • Access (Landlocked → Dirt)+26.5%
  • 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.