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Spokane County, WA · Sold

WA-955471

2601 County Road 231

$304,100
$8,255/ac · 36.84 ac
Acreage36.84 ac
Price per acre$8,255/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedJul 20, 2026
Coordinates47.5970, -117.4219
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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

Spokane County, Washington. Eastern Washington irrigated ground and Cascade foothill lots.

View Spokane market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
16
Low risk
Wetlands13.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

667 ft of deeded road frontage.

Power3,036 ft away

Service extension needed; get a utility quote.

Buildable area30.20 of 36.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$332,994
$276,624$389,365 · $9,039/ac on 36.84 ac
Asking vs estimate
-8.7%
Priced below the comp set

Weighted from 7 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 $304,100
Maximum allowable offer
$190,282
$5,165/ac · +30.0% target margin

You need $113,818 off asking to hit this margin.

All-in cost$206,456
Net resale$306,355
Projected profit$99,899
ROI+48.4%
Annualized+69.3%
Break-even resale$6,091/ac
Profit if resale lands off target
-20%
$38,628
-10%
$69,263
0%
$99,899
+10%
$130,534
+20%
$161,169
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WA-374931
Dirt · Off grid
24.9Aug 22, 2025$149,1005,9848,0282.7 mi
75
WA-592712
Paved · Power at road
5.0May 13, 2024$81,40016,31612,3445.7 mi
57
WA-312603
Paved · Power at road
4.6Jun 28, 2024$54,90011,9078,9336.1 mi
57
WA-443391
Dirt · Off grid
8.2Sep 8, 2024$61,5007,5339,3415.6 mi
56
WA-873292
Dirt · Off grid
7.6Sep 29, 2024$44,5005,8547,2095.6 mi
56
WA-623539
Gravel · Power at road
9.1Jan 19, 2025$96,90010,6659,6046.8 mi
56
WA-377999
Dirt · Off grid
230.0Oct 13, 2024$812,6003,5338,0664.1 mi
56
Show adjustment detail for the top comp
  • Tract size (24.91 ac → 36.84 ac)-6.1%
  • Access (Dirt → Paved)+37.2%
  • Market time (12 mo)+4.1%

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.