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Buncombe County, NC · Sold

NC-778286

1042 County Road 192

$1,235,200
$6,786/ac · 182 ac
Acreage182 ac
Price per acre$6,786/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedJun 10, 2024
Coordinates35.6509, -82.5980
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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

4 items to verify before you offer.

Risk index
36
Moderate risk
Wetlands29.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

988 ft of deeded road frontage.

Power7,530 ft away

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

Buildable area121.38 of 182.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$920,617
$789,301$1,051,934 · $5,058/ac on 182 ac
Asking vs estimate
+34.2%
Priced above the comp set

Weighted from 7 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 $1,235,200
Maximum allowable offer
$526,067
$2,890/ac · +30.0% target margin

You need $709,133 off asking to hit this margin.

All-in cost$570,783
Net resale$846,968
Projected profit$276,185
ROI+48.4%
Annualized+69.2%
Break-even resale$3,409/ac
Profit if resale lands off target
-20%
$106,792
-10%
$191,488
0%
$276,185
+10%
$360,882
+20%
$445,579
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-607827
Dirt · Full utilities
130.5Jul 27, 2026$787,3006,0324,4807.8 mi
83
NC-717888
Paved · Off grid
136.4Dec 24, 2025$844,0006,1874,9835.9 mi
77
NC-818324
Dirt · Full utilities
187.1Feb 19, 2025$1,411,2007,5436,5425.7 mi
76
NC-519474
Gravel · Power at road
430.4Feb 7, 2025$1,996,4004,6395,3760.8 mi
68
NC-767614
Dirt · Power at road
111.9Nov 22, 2024$611,7005,4695,0989.8 mi
63
NC-109503
Gravel · Off grid
439.5Apr 24, 2024$1,380,0003,1404,4435.9 mi
63
NC-107205
Landlocked · Off grid
83.2May 18, 2024$275,1003,3084,3546.4 mi
62
Show adjustment detail for the top comp
  • Tract size (130.52 ac → 182.01 ac)-8.5%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Off grid)-30.3%

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.