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Buncombe County, NC · Sold

NC-519474

7283 County Road 151

$2,053,900
$4,772/ac · 430 ac
Acreage430 ac
Price per acre$4,772/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedJun 7, 2024
Coordinates35.6406, -82.6062
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

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

No material red flags on the mapped layers.

Risk index
3
Low risk
Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,772 ft of deeded road frontage.

Power127 ft away

Power at or near the road.

Buildable area390.87 of 430.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,213,499
$1,700,171$2,726,826 · $5,143/ac on 430 ac
Asking vs estimate
-7.2%
Priced below 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 $2,053,900
Maximum allowable offer
$1,264,856
$2,939/ac · +30.0% target margin

You need $789,044 off asking to hit this margin.

All-in cost$1,372,369
Net resale$2,036,419
Projected profit$664,050
ROI+48.4%
Annualized+69.2%
Break-even resale$3,466/ac
Profit if resale lands off target
-20%
$256,766
-10%
$460,408
0%
$664,050
+10%
$867,692
+20%
$1,071,334
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-109503
Gravel · Off grid
439.5Apr 24, 2024$1,380,0003,1404,0786.7 mi
74
NC-778286
Gravel · Off grid
182.0Dec 25, 2024$1,314,3007,2217,0850.8 mi
67
NC-607827
Dirt · Full utilities
130.5Jul 27, 2026$787,3006,0324,1138.4 mi
67
NC-717888
Paved · Off grid
136.4Dec 24, 2025$844,0006,1874,5745.5 mi
64
NC-818324
Dirt · Full utilities
187.1Feb 19, 2025$1,411,2007,5436,0055.7 mi
62
Show adjustment detail for the top comp
  • Tract size (439.52 ac → 430.38 ac)+0.6%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (28 mo)+9.7%

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.