Comparable sales & offer analysis
Parcel OR-362602
Morrow County, OR · 5.60 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$47,800
Adjusted value
$37,439
Value range
$30,137–$44,742
Comp $/acre
$6,686/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +27.7% versus the adjusted value.
Offer position
Max allowable offer
$21,394
Offer $/acre
$3,820/ac
Projected profit
$11,232
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| OR-902417 | 4.9 | Jun 27, 2026 | $20,200 | 4,124 | 4,144 | 87 |
| OR-662478 | 5.1 | Sep 4, 2025 | $51,100 | 9,989 | 7,244 | 77 |
| OR-491339 | 2.2 | Jul 27, 2026 | $13,600 | 6,070 | 6,891 | 72 |
| OR-791797 | 3.1 | May 22, 2025 | $33,600 | 10,781 | 8,024 | 72 |
| OR-891354 | 2.3 | Jun 21, 2025 | $18,200 | 8,017 | 8,188 | 71 |
| OR-242091 | 3.9 | Dec 23, 2024 | $19,800 | 5,106 | 6,279 | 70 |
| OR-461637 | 2.8 | Sep 12, 2025 | $23,000 | 8,267 | 7,127 | 69 |
| OR-241533 | 2.6 | Apr 12, 2025 | $16,500 | 6,405 | 5,356 | 66 |
| OR-181805 | 3.1 | Aug 31, 2024 | $14,900 | 4,745 | 5,866 | 66 |
| OR-423558 | 11.2 | Jun 7, 2025 | $56,500 | 5,049 | 8,212 | 65 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.