Comparable sales & offer analysis
Parcel OR-423558
Morrow County, OR · 11.19 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$59,100
Adjusted value
$47,971
Value range
$34,539–$61,403
Comp $/acre
$4,287/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.2% versus the adjusted value.
Offer position
Max allowable offer
$27,412
Offer $/acre
$2,450/ac
Projected profit
$14,391
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 | 2,689 | 78 |
| OR-983939 | 14.8 | Mar 27, 2025 | $73,200 | 4,961 | 3,133 | 74 |
| OR-833516 | 10.8 | Mar 14, 2024 | $123,600 | 11,395 | 7,252 | 70 |
| OR-662478 | 5.1 | Sep 4, 2025 | $51,100 | 9,989 | 4,701 | 68 |
| OR-374809 | 27.7 | Nov 15, 2025 | $122,500 | 4,423 | 2,815 | 65 |
| OR-362602 | 5.6 | Nov 20, 2024 | $48,700 | 8,689 | 6,082 | 63 |
| OR-675047 | 32.9 | Mar 23, 2025 | $175,900 | 5,344 | 3,765 | 61 |
| OR-242091 | 3.9 | Dec 23, 2024 | $19,800 | 5,106 | 4,075 | 59 |
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.