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Bristol County, RI · Sold

RI-985649

1968 County Road 359

$501,100
$41,828/ac · 11.98 ac
Acreage11.98 ac
Price per acre$41,828/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedSep 23, 2025
Coordinates41.7503, -71.2670
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

No material red flags on the mapped layers.

Risk index
9
Low risk
Wetlands4.1% of tract

Little to no mapped wetland coverage.

Average slope9.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

274 ft of deeded road frontage.

Power170 ft away

Power at or near the road.

Buildable area10.91 of 11.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$546,871
$403,741$690,001 · $45,649/ac on 11.98 ac
Asking vs estimate
-8.4%
Priced below the comp set

Weighted from 9 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 $501,100
Maximum allowable offer
$312,498
$26,085/ac · +30.0% target margin

You need $188,602 off asking to hit this margin.

All-in cost$339,060
Net resale$503,121
Projected profit$164,061
ROI+48.4%
Annualized+69.2%
Break-even resale$30,763/ac
Profit if resale lands off target
-20%
$63,437
-10%
$113,749
0%
$164,061
+10%
$214,373
+20%
$264,685
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-336138
Landlocked · Power at road
17.1Jul 2, 2026$628,00036,79156,4073.7 mi
82
RI-705020
Dirt · Power at road
7.6Jul 18, 2026$268,10035,32839,7813.4 mi
81
RI-295791
Paved · Power at road
13.3Jul 25, 2025$823,80062,07955,4831.6 mi
80
RI-695602
Dirt · Power at road
11.6Aug 2, 2025$367,20031,73638,3886.0 mi
79
RI-205228
Paved · Off grid
8.8Sep 10, 2025$259,50029,39029,6955.1 mi
78
RI-544354
Dirt · Power at road
4.7Jul 27, 2026$123,50026,33028,8671.1 mi
76
RI-234760
Paved · Full utilities
6.3Oct 8, 2025$559,40088,93361,0757.0 mi
67
RI-254845
Dirt · Full utilities
6.7Aug 28, 2024$408,00060,99060,2757.5 mi
63
RI-474052
Dirt · Off grid
3.8Jan 20, 2025$124,50033,01944,9064.9 mi
59
Show adjustment detail for the top comp
  • Tract size (17.07 ac → 11.98 ac)+3.7%
  • Access (Landlocked → Gravel)+47.1%
  • Market time (1 mo)+0.5%

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.