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Bristol County, RI · Sold

RI-401188

9771 County Road 241

$18,000
$38,298/ac · 0.47 ac
Acreage0.47 ac
Price per acre$38,298/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedFeb 27, 2025
Coordinates41.6899, -71.3151
Loading terrain…
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

5 items to verify before you offer.

Risk index
57
High risk
Wetlands40.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.3%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power12,556 ft away

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

Buildable area0.27 of 0.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,156
$14,426$17,886 · $34,374/ac on 0.47 ac
Asking vs estimate
+11.4%
Priced above the comp set

Weighted from 6 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 $18,000
Maximum allowable offer
$9,232
$19,643/ac · +30.0% target margin

You need $8,768 off asking to hit this margin.

All-in cost$10,017
Net resale$14,863
Projected profit$4,847
ROI+48.4%
Annualized+69.2%
Break-even resale$23,165/ac
Profit if resale lands off target
-20%
$1,874
-10%
$3,360
0%
$4,847
+10%
$6,333
+20%
$7,819
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-331746
Dirt · Full utilities
0.7Feb 19, 2026$30,30042,72430,4502.7 mi
79
RI-790190
Dirt · Full utilities
0.3Dec 8, 2025$13,20043,99031,4752.7 mi
77
RI-582284
Landlocked · Power at road
1.1Mar 24, 2026$37,20035,43038,9542.0 mi
76
RI-621192
Landlocked · Power at road
0.5Dec 8, 2024$16,20034,47839,6893.3 mi
76
RI-950778
Paved · Full utilities
0.3May 28, 2025$20,90059,78331,8694.4 mi
72
RI-852042
Gravel · Power at road
0.9Jun 3, 2025$38,50043,76833,7522.1 mi
69
Show adjustment detail for the top comp
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (6 mo)+2.0%

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.