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Sherman County, OR · Sold

OR-533459

1621 County Road 268

$83,300
$7,994/ac · 10.42 ac
Acreage10.42 ac
Price per acre$7,994/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedJul 9, 2024
Coordinates45.3264, -120.5902
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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

2 items to verify before you offer.

Risk index
25
Low risk
Wetlands0.9% of tract

Little to no mapped wetland coverage.

Average slope29.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

521 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area6.20 of 10.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$124,017
$92,157$155,877 · $11,902/ac on 10.42 ac
Asking vs estimate
-32.8%
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 $83,300
Maximum allowable offer
$70,867
$6,801/ac · +30.0% target margin

You need $12,433 off asking to hit this margin.

All-in cost$76,891
Net resale$114,095
Projected profit$37,205
ROI+48.4%
Annualized+69.2%
Break-even resale$8,021/ac
Profit if resale lands off target
-20%
$14,386
-10%
$25,795
0%
$37,205
+10%
$48,614
+20%
$60,024
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-112769
Landlocked · Off grid
6.3Jul 27, 2026$23,8003,7687,7033.0 mi
83
OR-282476
Dirt · Power at road
5.1Jul 27, 2026$37,0007,2489,8502.8 mi
76
OR-213851
Landlocked · Off grid
13.8Apr 15, 2025$87,2006,30014,4130.4 mi
75
OR-572774
Paved · Power at road
6.3Feb 1, 2025$68,20010,76411,4502.7 mi
73
OR-745002
Gravel · Off grid
31.9Jul 27, 2026$314,9009,88716,2965.2 mi
72
OR-422250
Dirt · Off grid
4.3Oct 28, 2025$21,7005,0068,1966.7 mi
69
OR-682981
Paved · Off grid
7.4Aug 3, 2024$53,8007,3049,4056.8 mi
66
OR-692531
Landlocked · Off grid
5.3Sep 27, 2024$35,1006,60214,4011.0 mi
66
OR-123101
Paved · Power at road
8.0Jul 25, 2024$118,10014,68916,18310.1 mi
66
OR-742576
Landlocked · Off grid
5.5May 23, 2025$31,0005,65512,0427.3 mi
65
Show adjustment detail for the top comp
  • Tract size (6.32 ac → 10.42 ac)-3.4%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Full utilities)+43.5%

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.