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Buncombe County, NC · Sold

NC-224146

5483 County Road 385

$118,800
$13,098/ac · 9.07 ac
Acreage9.07 ac
Price per acre$13,098/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedApr 18, 2025
Coordinates35.5733, -82.6194
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

3 items to verify before you offer.

Risk index
36
Moderate risk
Wetlands5.3% of tract

Little to no mapped wetland coverage.

Average slope27.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power145 ft away

Power at or near the road.

Buildable area5.15 of 9.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$88,755
$78,916$98,595 · $9,786/ac on 9.07 ac
Asking vs estimate
+33.9%
Priced above 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 $118,800
Maximum allowable offer
$50,717
$5,592/ac · +30.0% target margin

You need $68,083 off asking to hit this margin.

All-in cost$55,028
Net resale$81,655
Projected profit$26,627
ROI+48.4%
Annualized+69.3%
Break-even resale$6,595/ac
Profit if resale lands off target
-20%
$10,296
-10%
$18,461
0%
$26,627
+10%
$34,792
+20%
$42,958
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-244787
Gravel · Full utilities
14.4Jun 18, 2026$148,30010,2748,8343.9 mi
85
NC-223356
Landlocked · Full utilities
5.1Jul 27, 2026$42,1008,2219,59812.6 mi
72
NC-734685
Landlocked · Power at road
13.4Oct 29, 2025$69,2005,1628,11312.9 mi
70
NC-144671
Dirt · Off grid
13.3Jun 26, 2025$87,9006,6239,8097.5 mi
69
NC-994605
Gravel · Off grid
12.7Nov 14, 2024$96,2007,6059,8788.7 mi
69
NC-972657
Gravel · Off grid
3.1Jul 27, 2026$23,5007,6288,52812.8 mi
68
NC-115814
Gravel · Off grid
30.4May 30, 2026$231,4007,62210,3979.4 mi
67
NC-592651
Paved · Power at road
3.1Mar 26, 2025$43,10014,03211,9328.2 mi
65
NC-294644
Landlocked · Off grid
13.0Aug 4, 2024$70,4005,41110,47710.5 mi
64
NC-605765
Dirt · Power at road
29.3Jul 19, 2024$220,8007,53310,8846.7 mi
58
Show adjustment detail for the top comp
  • Tract size (14.43 ac → 9.07 ac)+4.2%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (2 mo)+0.7%

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.