Bristol County, RI · Sold

RI-703567

1546 County Road 87

$128,800

$48,604/ac · 2.65 ac

Offer report Market this tract

Acreage2.65 ac

Price per acre$48,604/ac

ZoningMixed Use

Road accessPaved

UtilitiesOff grid

TopographyWooded

ListedAug 25, 2023

Coordinates41.6560, -71.2527

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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

5 items to verify before you offer.

Risk index

Moderate risk

Wetlands12.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power10,386 ft away

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

Buildable area2.20 of 2.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$124,633

$91,251 – $158,015 · $47,031/ac on 2.65 ac

Asking vs estimate

+3.3%

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 $128,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$71,219

$26,875/ac · +30.0% target margin

You need $57,581 off asking to hit this margin.

All-in cost$77,273

Net resale$114,662

Projected profit$37,390

ROI+48.4%

Annualized+69.2%

Break-even resale$31,695/ac

Profit if resale lands off target

-20%

$14,457

-10%

$25,924

$37,390

+10%

$48,856

+20%

$60,322

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
RI-373317 Gravel · Power at road	2.2	Jul 27, 2026	$90,500	40,962	40,997	6.9 mi	81
RI-193395 Paved · Off grid	2.3	Sep 23, 2025	$88,500	37,840	39,141	6.4 mi	80
RI-474052 Dirt · Off grid	3.8	Jan 20, 2025	$124,500	33,019	48,813	2.1 mi	78
RI-544354 Dirt · Power at road	4.7	Jul 27, 2026	$123,500	26,330	31,379	7.0 mi	75
RI-263142 Gravel · Power at road	1.9	Mar 6, 2025	$132,500	67,969	71,810	3.4 mi	72
RI-234760 Paved · Full utilities	6.3	Oct 8, 2025	$559,400	88,933	66,389	1.2 mi	71
RI-582284 Landlocked · Power at road	1.1	Mar 24, 2026	$37,200	35,430	52,280	2.2 mi	71
RI-705020 Dirt · Power at road	7.6	Jul 18, 2026	$268,100	35,328	43,242	8.4 mi	68
RI-205228 Paved · Off grid	8.8	Sep 10, 2025	$259,500	29,390	32,279	3.2 mi	68
RI-852042 Gravel · Power at road	0.9	Jun 3, 2025	$38,500	43,768	45,298	5.4 mi	61

Show adjustment detail for the top comp

Access (Gravel → Paved)+18.0%
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