← New search
Chatham County, NC · Sold

NC-714509

302 County Road 372

$50,400
$4,271/ac · 11.80 ac
Acreage11.80 ac
Price per acre$4,271/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedNov 22, 2025
Coordinates35.7241, -79.1958
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

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

View Chatham market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
40
Moderate risk
Wetlands17.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power226 ft away

Power at or near the road.

Buildable area9.28 of 11.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$65,863
$48,001$83,725 · $5,582/ac on 11.80 ac
Asking vs estimate
-23.5%
Priced below the comp set

Weighted from 6 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 $50,400
Maximum allowable offer
$37,636
$3,189/ac · +30.0% target margin

You need $12,764 off asking to hit this margin.

All-in cost$40,835
Net resale$60,594
Projected profit$19,759
ROI+48.4%
Annualized+69.2%
Break-even resale$3,762/ac
Profit if resale lands off target
-20%
$7,640
-10%
$13,700
0%
$19,759
+10%
$25,818
+20%
$31,878
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-264425
Dirt · Off grid
11.1Jul 27, 2026$60,3005,4325,0373.5 mi
86
NC-784185
Dirt · Power at road
9.3Mar 29, 2025$40,5004,3423,5627.3 mi
77
NC-575721
Dirt · Off grid
28.4Jul 27, 2026$165,8005,8396,0584.9 mi
72
NC-284857
Paved · Power at road
15.2Apr 22, 2025$204,90013,4998,4168.7 mi
72
NC-783381
Gravel · Off grid
5.2Sep 6, 2025$31,7006,0794,7858.6 mi
64
NC-396216
Paved · Off grid
40.6Nov 9, 2024$276,2006,7985,8568.2 mi
55
Show adjustment detail for the top comp
  • Tract size (11.1 ac → 11.8 ac)-0.5%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Power at road)+17.6%

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.