Chatham County, NC · Sold

NC-477980

7118 County Road 206

$632,000

$4,334/ac · 146 ac

Offer report Market this tract

Acreage146 ac

Price per acre$4,334/ac

ZoningUnzoned

Road accessDirt

UtilitiesOff grid

TopographySloped

ListedMar 19, 2025

Coordinates35.6411, -79.2214

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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

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands6.5% of tract

Little to no mapped wetland coverage.

Average slope24.6%

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.

Power4,338 ft away

Service extension needed; get a utility quote.

Buildable area81.81 of 145.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$532,802

$465,925 – $599,679 · $3,654/ac on 146 ac

Asking vs estimate

+18.6%

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 $632,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$304,458

$2,088/ac · +30.0% target margin

You need $327,542 off asking to hit this margin.

All-in cost$330,337

Net resale$490,178

Projected profit$159,841

ROI+48.4%

Annualized+69.3%

Break-even resale$2,462/ac

Profit if resale lands off target

-20%

$61,805

-10%

$110,823

$159,841

+10%

$208,859

+20%

$257,877

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NC-177924 Dirt · Power at road	140.0	Jul 27, 2026	$528,100	3,771	3,179	5.3 mi	88
NC-997504 Dirt · Power at road	103.3	Jun 22, 2026	$526,000	5,093	3,986	5.3 mi	86
NC-575721 Dirt · Off grid	28.4	Jul 27, 2026	$165,800	5,839	4,112	10.8 mi	71
NC-177047 Landlocked · Power at road	74.2	Dec 12, 2025	$318,000	4,287	4,009	3.0 mi	71
NC-109552 Dirt · Full utilities	455.4	Apr 27, 2026	$1,327,100	2,914	2,846	8.8 mi	68
NC-396216 Paved · Off grid	40.6	Nov 9, 2024	$276,200	6,798	3,975	9.8 mi	61
NC-699914 Dirt · Full utilities	592.0	Dec 1, 2024	$1,840,500	3,109	3,478	9.0 mi	57

Show adjustment detail for the top comp

Tract size (140.02 ac → 145.82 ac)-1.1%
Utilities (Power at road → Off grid)-15.0%

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.

Build the listing kit Post a deal or JV