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Sherman County, OR · Sold

OR-646441

371 County Road 277

$510,000
$5,646/ac · 90.33 ac
Acreage90.33 ac
Price per acre$5,646/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedAug 5, 2025
Coordinates45.3656, -120.7680
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
14
Low risk
Wetlands7.1% of tract

Little to no mapped wetland coverage.

Average slope1.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power171 ft away

Power at or near the road.

Buildable area79.72 of 90.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$554,806
$420,124$689,487 · $6,142/ac on 90.33 ac
Asking vs estimate
-8.1%
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 $510,000
Maximum allowable offer
$317,032
$3,510/ac · +30.0% target margin

You need $192,968 off asking to hit this margin.

All-in cost$343,980
Net resale$510,421
Projected profit$166,441
ROI+48.4%
Annualized+69.2%
Break-even resale$4,139/ac
Profit if resale lands off target
-20%
$64,357
-10%
$115,399
0%
$166,441
+10%
$217,484
+20%
$268,526
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-196550
Gravel · Power at road
97.8Jul 27, 2026$590,5006,0415,3075.5 mi
87
OR-926302
Dirt · Off grid
81.7Jun 4, 2026$353,0004,3225,0063.9 mi
86
OR-406572
Gravel · Off grid
99.3Jul 27, 2026$703,4007,0827,3493.5 mi
85
OR-995318
Dirt · Off grid
40.0Apr 21, 2026$315,7007,8847,9058.4 mi
71
OR-626997
Gravel · Off grid
135.1Apr 28, 2025$903,0006,6837,8903.1 mi
71
OR-626900
Landlocked · Off grid
126.0Oct 16, 2025$356,2002,8284,7319.3 mi
71
OR-895716
Dirt · Power at road
53.4Apr 22, 2024$360,3006,7436,5813.6 mi
69
OR-435573
Gravel · Power at road
48.2Aug 11, 2024$299,9006,2275,0596.7 mi
69
OR-185661
Gravel · Power at road
51.3Feb 2, 2025$232,4004,5263,6553.9 mi
69
OR-745002
Gravel · Off grid
31.9Jul 27, 2026$314,9009,8878,1027.7 mi
69
Show adjustment detail for the top comp
  • Tract size (97.75 ac → 90.33 ac)+1.9%
  • Access (Gravel → Dirt)-14.0%

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.