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Tillamook County, OR · Sold

OR-947967

5661 County Road 318

$1,297,300
$4,754/ac · 273 ac
Acreage273 ac
Price per acre$4,754/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedMay 31, 2024
Coordinates45.4138, -123.7267
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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

Tillamook County, Oregon. High-desert lots east of the Cascades, strict land-use rules west.

View Tillamook market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
52
Moderate risk
Wetlands5.7% of tract

Little to no mapped wetland coverage.

Average slope27.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power32 ft away

Power at or near the road.

Buildable area154.38 of 272.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,143,211
$1,019,356$1,267,065 · $4,190/ac on 273 ac
Asking vs estimate
+13.5%
Priced above the comp set

Weighted from 5 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 $1,297,300
Maximum allowable offer
$653,263
$2,394/ac · +30.0% target margin

You need $644,037 off asking to hit this margin.

All-in cost$708,790
Net resale$1,051,754
Projected profit$342,964
ROI+48.4%
Annualized+69.2%
Break-even resale$2,824/ac
Profit if resale lands off target
-20%
$132,613
-10%
$237,788
0%
$342,964
+10%
$448,139
+20%
$553,314
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-679107
Landlocked · Full utilities
623.2Jul 27, 2026$2,658,0004,2654,4813.8 mi
82
OR-587032
Gravel · Full utilities
138.6Oct 29, 2024$1,349,3009,7354,8383.2 mi
65
OR-275295
Gravel · Off grid
39.4Apr 27, 2026$314,3007,9814,0354.8 mi
62
OR-779701
Gravel · Off grid
958.3Apr 7, 2025$2,816,7002,9393,6297.4 mi
58
OR-435330
Dirt · Full utilities
40.4Nov 7, 2024$343,4008,5023,71210.1 mi
50
Show adjustment detail for the top comp
  • Tract size (623.16 ac → 272.86 ac)+27.9%
  • Utilities (Full utilities → Power at road)-18.0%

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.