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Whatcom County, WA · Sold

WA-618831

1938 County Road 382

$1,272,000
$3,027/ac · 420 ac
Acreage420 ac
Price per acre$3,027/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedApr 13, 2024
Coordinates48.8716, -121.8387
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

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

View Whatcom market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
22
Low risk
Wetlands14.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power157 ft away

Power at or near the road.

Buildable area341.70 of 420.19 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,880,868
$1,487,327$2,274,409 · $4,476/ac on 420 ac
Asking vs estimate
-32.4%
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 $1,272,000
Maximum allowable offer
$1,074,782
$2,558/ac · +30.0% target margin

You need $197,218 off asking to hit this margin.

All-in cost$1,166,138
Net resale$1,730,399
Projected profit$564,260
ROI+48.4%
Annualized+69.2%
Break-even resale$3,017/ac
Profit if resale lands off target
-20%
$218,180
-10%
$391,220
0%
$564,260
+10%
$737,300
+20%
$910,340
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WA-719037
Gravel · Off grid
487.8Jan 6, 2026$2,160,4004,4295,5885.5 mi
81
WA-538637
Paved · Power at road
365.1Jan 15, 2026$1,739,5004,7643,9679.1 mi
78
WA-189761
Gravel · Power at road
824.2Jun 30, 2026$2,950,5003,5804,4186.1 mi
78
WA-649502
Dirt · Off grid
683.2May 22, 2026$1,875,5002,7454,3946.6 mi
75
WA-697207
Gravel · Off grid
129.6Jul 27, 2026$398,1003,0722,5996.1 mi
71
WA-317621
Gravel · Full utilities
174.9Nov 6, 2024$1,359,1007,7715,3206.5 mi
63
WA-687254
Dirt · Power at road
134.1Jun 25, 2025$782,4005,8365,1488.7 mi
61
Show adjustment detail for the top comp
  • Tract size (487.81 ac → 420.19 ac)+4.6%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (7 mo)+2.5%

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.