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Wheeler County, OR · Sold

OR-826348

5340 County Road 278

$198,600
$2,352/ac · 84.45 ac
Acreage84.45 ac
Price per acre$2,352/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedApr 29, 2024
Coordinates44.7568, -119.9624
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

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

View Wheeler market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
43
Moderate risk
Wetlands5.4% of tract

Little to no mapped wetland coverage.

Average slope11.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power10,344 ft away

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

Buildable area75.90 of 84.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$242,892
$201,824$283,960 · $2,876/ac on 84.45 ac
Asking vs estimate
-18.2%
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 $198,600
Maximum allowable offer
$138,796
$1,644/ac · +30.0% target margin

You need $59,804 off asking to hit this margin.

All-in cost$150,594
Net resale$223,461
Projected profit$72,867
ROI+48.4%
Annualized+69.2%
Break-even resale$1,938/ac
Profit if resale lands off target
-20%
$28,175
-10%
$50,521
0%
$72,867
+10%
$95,213
+20%
$117,559
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-486328
Landlocked · Power at road
83.2Jul 27, 2026$248,3002,9832,5339.3 mi
90
OR-166274
Landlocked · Full utilities
80.0Jul 18, 2025$243,6003,0432,1886.8 mi
84
OR-156060
Paved · Off grid
68.5May 4, 2025$336,3004,9072,8413.1 mi
81
OR-825941
Dirt · Off grid
62.9Jun 15, 2026$331,9005,2793,9326.7 mi
80
OR-116758
Paved · Power at road
113.7Jan 25, 2026$588,2005,1752,7908.1 mi
79
OR-785957
Dirt · Off grid
63.6Nov 21, 2024$253,2003,9803,1653.1 mi
73
OR-126895
Gravel · Off grid
125.5Nov 30, 2025$511,8004,0783,1507.9 mi
73
OR-397842
Gravel · Full utilities
249.2Jul 27, 2026$1,259,5005,0543,1925.1 mi
71
OR-167383
Dirt · Power at road
178.7Dec 21, 2024$549,7003,0752,6792.1 mi
70
OR-647926
Dirt · Power at road
264.9Jun 11, 2026$673,8002,5442,3327.4 mi
67
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%

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.