Comparable sales & offer analysis
Parcel OR-461637
Morrow County, OR · 2.78 ac · Residential · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$21,400
Adjusted value
$23,607
Value range
$18,389–$28,825
Comp $/acre
$8,492/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.4% versus the adjusted value.
Offer position
Max allowable offer
$13,490
Offer $/acre
$4,852/ac
Projected profit
$7,082
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-491339 | 2.2 | Jul 27, 2026 | $13,600 | 6,070 | 8,349 | 84 |
| OR-181805 | 3.1 | Aug 31, 2024 | $14,900 | 4,745 | 7,107 | 76 |
| OR-902417 | 4.9 | Jun 27, 2026 | $20,200 | 4,124 | 5,020 | 75 |
| OR-791797 | 3.1 | May 22, 2025 | $33,600 | 10,781 | 9,722 | 75 |
| OR-241533 | 2.6 | Apr 12, 2025 | $16,500 | 6,405 | 6,490 | 74 |
| OR-891354 | 2.3 | Jun 21, 2025 | $18,200 | 8,017 | 9,921 | 74 |
| OR-470167 | 1.0 | Jul 25, 2026 | $7,800 | 8,094 | 9,343 | 68 |
| OR-150292 | 1.1 | Mar 28, 2026 | $8,100 | 7,715 | 10,629 | 68 |
| OR-242091 | 3.9 | Dec 23, 2024 | $19,800 | 5,106 | 7,608 | 68 |
| OR-362602 | 5.6 | Nov 20, 2024 | $48,700 | 8,689 | 11,354 | 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.