Comparable sales & offer analysis
Parcel OR-299154
Morrow County, OR · 645 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,798,000
Adjusted value
$2,085,770
Value range
$1,696,514–$2,475,026
Comp $/acre
$3,235/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +34.1% versus the adjusted value.
Offer position
Max allowable offer
$1,191,869
Offer $/acre
$1,849/ac
Projected profit
$625,731
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-639154 | 644.7 | Apr 28, 2025 | $1,155,100 | 1,792 | 3,286 | 77 |
| OR-849976 | 1169.5 | Jul 10, 2026 | $3,332,000 | 2,849 | 3,296 | 74 |
| OR-108072 | 294.4 | Aug 19, 2024 | $884,500 | 3,004 | 3,045 | 63 |
| OR-317697 | 224.4 | Aug 31, 2025 | $1,303,000 | 5,807 | 4,236 | 61 |
| OR-836294 | 81.2 | Jan 5, 2026 | $327,600 | 4,035 | 2,227 | 57 |
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.