Bristol County, RI · Sold

RI-474052

8789 County Road 156

$122,400

$32,467/ac · 3.77 ac

Offer report Market this tract

Acreage3.77 ac

Price per acre$32,467/ac

ZoningMixed Use

Road accessDirt

UtilitiesOff grid

TopographySloped

ListedDec 23, 2024

Coordinates41.6792, -71.2789

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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

Bristol County, Rhode Island. Almost no raw land market; subdivided lots only.

View Bristol market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Moderate risk

Wetlands1.3% of tract

Little to no mapped wetland coverage.

Average slope31.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

435 ft of deeded road frontage.

Power13,340 ft away

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

Buildable area2.23 of 3.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$122,395

$91,652 – $153,138 · $32,465/ac on 3.77 ac

Asking vs estimate

+0.0%

In line with 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 $122,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$69,940

$18,552/ac · +30.0% target margin

You need $52,460 off asking to hit this margin.

All-in cost$75,885

Net resale$112,603

Projected profit$36,718

ROI+48.4%

Annualized+69.2%

Break-even resale$21,879/ac

Profit if resale lands off target

-20%

$14,198

-10%

$25,458

$36,718

+10%

$47,979

+20%

$59,239

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
RI-544354 Dirt · Power at road	4.7	Jul 27, 2026	$123,500	26,330	22,624	5.6 mi	84
RI-373317 Gravel · Power at road	2.2	Jul 27, 2026	$90,500	40,962	29,558	4.8 mi	77
RI-705020 Dirt · Power at road	7.6	Jul 18, 2026	$268,100	35,328	31,177	6.4 mi	76
RI-703567 Paved · Off grid	2.6	Feb 14, 2024	$114,400	43,160	34,390	2.1 mi	75
RI-193395 Paved · Off grid	2.3	Sep 23, 2025	$88,500	37,840	28,220	5.2 mi	73
RI-234760 Paved · Full utilities	6.3	Oct 8, 2025	$559,400	88,933	47,866	2.1 mi	72
RI-695602 Dirt · Power at road	11.6	Aug 2, 2025	$367,200	31,736	30,086	2.5 mi	71
RI-985649 Gravel · Power at road	12.0	Jul 27, 2026	$492,100	41,075	32,262	4.9 mi	69
RI-254845 Dirt · Full utilities	6.7	Aug 28, 2024	$408,000	60,990	47,239	2.9 mi	68
RI-205228 Paved · Off grid	8.8	Sep 10, 2025	$259,500	29,390	23,273	3.6 mi	68

Show adjustment detail for the top comp

Tract size (4.69 ac → 3.77 ac)+0.9%
Utilities (Power at road → Off grid)-15.0%

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.

Build the listing kit Post a deal or JV