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Sherman County, OR · Sold

OR-251767

1548 County Road 349

$16,600
$5,425/ac · 3.06 ac
Acreage3.06 ac
Price per acre$5,425/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedMay 23, 2025
Coordinates45.4092, -120.7750
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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

5 items to verify before you offer.

Risk index
56
High risk
Wetlands23.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power13,452 ft away

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

Buildable area2.23 of 3.06 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$17,018
$13,209$20,828 · $5,562/ac on 3.06 ac
Asking vs estimate
-2.5%
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 $16,600
Maximum allowable offer
$9,725
$3,178/ac · +30.0% target margin

You need $6,875 off asking to hit this margin.

All-in cost$10,552
Net resale$15,657
Projected profit$5,105
ROI+48.4%
Annualized+69.2%
Break-even resale$3,748/ac
Profit if resale lands off target
-20%
$1,974
-10%
$3,540
0%
$5,105
+10%
$6,671
+20%
$8,237
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-161476
Landlocked · Full utilities
2.5Jul 27, 2026$19,2007,7355,3708.0 mi
83
OR-112769
Landlocked · Off grid
6.3Jul 27, 2026$23,8003,7683,8929.0 mi
76
OR-422250
Dirt · Off grid
4.3Oct 28, 2025$21,7005,0064,1415.5 mi
75
OR-282476
Dirt · Power at road
5.1Jul 27, 2026$37,0007,2484,9779.0 mi
75
OR-742576
Landlocked · Off grid
5.5May 23, 2025$31,0005,6556,0845.5 mi
71
OR-692531
Landlocked · Off grid
5.3Sep 27, 2024$35,1006,6027,27611.6 mi
66
OR-202743
Dirt · Off grid
6.2Dec 27, 2024$41,4006,6735,8048.1 mi
64
OR-572774
Paved · Power at road
6.3Feb 1, 2025$68,20010,7645,7858.0 mi
62
OR-123101
Paved · Power at road
8.0Jul 25, 2024$118,10014,6898,1762.1 mi
62
OR-682981
Paved · Off grid
7.4Aug 3, 2024$53,8007,3044,7528.8 mi
60
Show adjustment detail for the top comp
  • Tract size (2.48 ac → 3.06 ac)-0.6%
  • Utilities (Full utilities → Off grid)-30.3%

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.