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Sherman County, OR · Sold

OR-147615

1174 County Road 172

$1,177,700
$5,570/ac · 211 ac
Acreage211 ac
Price per acre$5,570/ac
ZoningAgricultural
Road accessPaved
UtilitiesFull utilities
TopographyRolling
ListedJun 6, 2024
Coordinates45.4860, -120.5886
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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
22
Low risk
Wetlands14.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area171.94 of 211.44 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,560,088
$1,213,409$1,906,766 · $7,378/ac on 211 ac
Asking vs estimate
-24.5%
Priced below the comp set

Weighted from 8 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 $1,177,700
Maximum allowable offer
$891,479
$4,216/ac · +30.0% target margin

You need $286,221 off asking to hit this margin.

All-in cost$967,255
Net resale$1,435,281
Projected profit$468,026
ROI+48.4%
Annualized+69.2%
Break-even resale$4,972/ac
Profit if resale lands off target
-20%
$180,970
-10%
$324,498
0%
$468,026
+10%
$611,554
+20%
$755,082
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-448454
Gravel · Power at road
388.3Jul 27, 2026$1,459,5003,7596,4665.9 mi
80
OR-508020
Dirt · Off grid
283.5Sep 25, 2024$680,5002,4005,5468.6 mi
71
OR-196550
Gravel · Power at road
97.8Jul 27, 2026$590,5006,0417,1109.1 mi
71
OR-626900
Landlocked · Off grid
126.0Oct 16, 2025$356,2002,8286,3374.3 mi
71
OR-406572
Gravel · Off grid
99.3Jul 27, 2026$703,4007,0829,84514.7 mi
68
OR-646441
Dirt · Power at road
90.3Jun 22, 2026$462,1005,1156,89512.0 mi
68
OR-926302
Dirt · Off grid
81.7Jun 4, 2026$353,0004,3226,70615.5 mi
64
OR-626997
Gravel · Off grid
135.1Apr 28, 2025$903,0006,68310,57014.2 mi
64
Show adjustment detail for the top comp
  • Tract size (388.29 ac → 211.44 ac)+19.2%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Full utilities)+22.0%

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.