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Chatham County, NC · Sold

NC-109552

3506 County Road 231

$1,576,100
$3,461/ac · 455 ac
Acreage455 ac
Price per acre$3,461/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedNov 6, 2025
Coordinates35.7628, -79.2661
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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

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

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands4.6% of tract

Little to no mapped wetland coverage.

Average slope4.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,950 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area412.73 of 455.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,806,256
$1,560,461$2,052,050 · $3,966/ac on 455 ac
Asking vs estimate
-12.7%
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 $1,576,100
Maximum allowable offer
$1,032,146
$2,266/ac · +30.0% target margin

You need $543,954 off asking to hit this margin.

All-in cost$1,119,878
Net resale$1,661,755
Projected profit$541,877
ROI+48.4%
Annualized+69.2%
Break-even resale$2,673/ac
Profit if resale lands off target
-20%
$209,526
-10%
$375,701
0%
$541,877
+10%
$708,052
+20%
$874,228
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-177924
Dirt · Power at road
140.0Jul 27, 2026$528,1003,7713,2964.8 mi
77
NC-699914
Dirt · Full utilities
592.0Dec 1, 2024$1,840,5003,1093,6073.5 mi
76
NC-997504
Dirt · Power at road
103.3Jun 22, 2026$526,0005,0934,1345.7 mi
68
NC-477980
Dirt · Off grid
145.8Sep 16, 2025$658,5004,5164,8638.8 mi
63
NC-177047
Landlocked · Power at road
74.2Dec 12, 2025$318,0004,2874,15710.7 mi
56
Show adjustment detail for the top comp
  • Tract size (140.02 ac → 455.4 ac)-28.5%
  • Utilities (Power at road → Full utilities)+22.0%

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.