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Buncombe County, NC · Sold

NC-901822

3508 County Road 361

$14,300
$8,512/ac · 1.68 ac
Acreage1.68 ac
Price per acre$8,512/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedDec 11, 2025
Coordinates35.6955, -82.4820
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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

Buncombe County, North Carolina. Piedmont builder demand plus mountain view lots in the west.

View Buncombe market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
9
Low risk
Wetlands7.5% of tract

Little to no mapped wetland coverage.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

142 ft of deeded road frontage.

Power1,314 ft away

Service extension needed; get a utility quote.

Buildable area1.48 of 1.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,017
$11,688$16,346 · $8,343/ac on 1.68 ac
Asking vs estimate
+2.0%
In line with the comp set

Weighted from 5 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 $14,300
Maximum allowable offer
$8,010
$4,768/ac · +30.0% target margin

You need $6,290 off asking to hit this margin.

All-in cost$8,691
Net resale$12,896
Projected profit$4,205
ROI+48.4%
Annualized+69.2%
Break-even resale$5,623/ac
Profit if resale lands off target
-20%
$1,626
-10%
$2,915
0%
$4,205
+10%
$5,494
+20%
$6,784
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-972657
Gravel · Off grid
3.1Jul 27, 2026$23,5007,6287,7522.9 mi
82
NC-223356
Landlocked · Full utilities
5.1Jul 27, 2026$42,1008,2218,7252.0 mi
72
NC-760537
Gravel · Power at road
0.7Feb 13, 2025$5,7008,6397,7252.9 mi
70
NC-592651
Paved · Power at road
3.1Mar 26, 2025$43,10014,03210,8463.3 mi
67
NC-580341
Dirt · Power at road
0.6Jul 29, 2025$3,7006,4356,56511.9 mi
58
Show adjustment detail for the top comp
  • Tract size (3.08 ac → 1.68 ac)+1.4%

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.