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Wheeler County, OR · Sold

OR-537427

175 County Road 62

$802,000
$4,346/ac · 185 ac
Acreage185 ac
Price per acre$4,346/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedApr 17, 2024
Coordinates44.8337, -120.1423
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

4 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands22.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

1,523 ft of deeded road frontage.

Power14,082 ft away

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

Buildable area135.33 of 184.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$568,468
$486,319$650,616 · $3,081/ac on 185 ac
Asking vs estimate
+41.1%
Priced above 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 $802,000
Maximum allowable offer
$324,839
$1,760/ac · +30.0% target margin

You need $477,161 off asking to hit this margin.

All-in cost$352,450
Net resale$522,990
Projected profit$170,540
ROI+48.4%
Annualized+69.2%
Break-even resale$2,076/ac
Profit if resale lands off target
-20%
$65,942
-10%
$118,241
0%
$170,540
+10%
$222,839
+20%
$275,138
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
OR-647926
Dirt · Power at road
264.9Jun 11, 2026$673,8002,5442,4125.9 mi
80
OR-397842
Gravel · Full utilities
249.2Jul 27, 2026$1,259,5005,0543,3027.0 mi
79
OR-167383
Dirt · Power at road
178.7Dec 21, 2024$549,7003,0752,7718.2 mi
75
OR-538282
Gravel · Power at road
342.8Jul 27, 2026$1,077,2003,1422,74713.4 mi
75
OR-338228
Gravel · Off grid
329.6Nov 23, 2025$1,036,3003,1443,28711.7 mi
73
OR-758263
Landlocked · Off grid
338.1Jul 27, 2026$720,0002,1293,20815.4 mi
72
OR-608124
Gravel · Full utilities
305.7Nov 16, 2024$1,345,1004,4003,2663.5 mi
72
OR-486328
Landlocked · Power at road
83.2Jul 27, 2026$248,3002,9832,6209.5 mi
71
OR-126895
Gravel · Off grid
125.5Nov 30, 2025$511,8004,0783,25816.7 mi
69
OR-825941
Dirt · Off grid
62.9Jun 15, 2026$331,9005,2794,06714.8 mi
68
Show adjustment detail for the top comp
  • Tract size (264.87 ac → 184.52 ac)+10.7%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (2 mo)+0.8%

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.