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Wheeler County, OR · Sold

OR-569412

5402 County Road 4

$1,981,400
$2,549/ac · 777 ac
Acreage777 ac
Price per acre$2,549/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedNov 1, 2024
Coordinates44.6517, -119.9737
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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

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

5 items to verify before you offer.

Risk index
54
Moderate risk
Wetlands45.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power1,874 ft away

Service extension needed; get a utility quote.

Buildable area404.63 of 777.24 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,112,851
$1,795,065$2,430,638 · $2,718/ac on 777 ac
Asking vs estimate
-6.2%
Priced below the comp set

Weighted from 9 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 $1,981,400
Maximum allowable offer
$1,207,344
$1,553/ac · +30.0% target margin

You need $774,056 off asking to hit this margin.

All-in cost$1,309,968
Net resale$1,943,823
Projected profit$633,855
ROI+48.4%
Annualized+69.2%
Break-even resale$1,832/ac
Profit if resale lands off target
-20%
$245,090
-10%
$439,473
0%
$633,855
+10%
$828,237
+20%
$1,022,620
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-758263
Landlocked · Off grid
338.1Jul 27, 2026$720,0002,1292,8811.9 mi
77
OR-579278
Dirt · Off grid
705.3Apr 16, 2025$1,158,5001,6422,3107.2 mi
76
OR-538282
Gravel · Power at road
342.8Jul 27, 2026$1,077,2003,1422,4675.9 mi
72
OR-397842
Gravel · Full utilities
249.2Jul 27, 2026$1,259,5005,0542,9658.1 mi
72
OR-338228
Gravel · Off grid
329.6Nov 23, 2025$1,036,3003,1442,9519.0 mi
67
OR-647926
Dirt · Power at road
264.9Jun 11, 2026$673,8002,5442,1669.6 mi
66
OR-197913
Gravel · Off grid
262.4Jun 4, 2024$663,1002,5272,3542.1 mi
61
OR-547940
Gravel · Power at road
267.6Apr 4, 2024$1,194,1004,4633,5762.7 mi
59
OR-608124
Gravel · Full utilities
305.7Nov 16, 2024$1,345,1004,4002,93212.8 mi
56
Show adjustment detail for the top comp
  • Tract size (338.12 ac → 777.24 ac)-22.2%
  • Access (Landlocked → Paved)+73.5%

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.