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Chatham County, NC · Sold

NC-784185

3542 County Road 398

$49,400
$5,295/ac · 9.33 ac
Acreage9.33 ac
Price per acre$5,295/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedMar 3, 2025
Coordinates35.6183, -79.1991
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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

2 items to verify before you offer.

Risk index
23
Low risk
Wetlands4.5% of tract

Little to no mapped wetland coverage.

Average slope23.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

398 ft of deeded road frontage.

Power10 ft away

Power at or near the road.

Buildable area5.35 of 9.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$68,254
$51,011$85,497 · $7,316/ac on 9.33 ac
Asking vs estimate
-27.6%
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 $49,400
Maximum allowable offer
$39,002
$4,180/ac · +30.0% target margin

You need $10,398 off asking to hit this margin.

All-in cost$42,317
Net resale$62,794
Projected profit$20,476
ROI+48.4%
Annualized+69.3%
Break-even resale$4,930/ac
Profit if resale lands off target
-20%
$7,918
-10%
$14,197
0%
$20,476
+10%
$26,756
+20%
$33,035
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-714509
Landlocked · Power at road
11.8Apr 28, 2026$51,1004,3315,6557.3 mi
84
NC-264425
Dirt · Off grid
11.1Jul 27, 2026$60,3005,4326,4967.9 mi
84
NC-284857
Paved · Power at road
15.2Apr 22, 2025$204,90013,49910,8545.3 mi
70
NC-575721
Dirt · Off grid
28.4Jul 27, 2026$165,8005,8397,81212.1 mi
68
NC-783381
Gravel · Off grid
5.2Sep 6, 2025$31,7006,0796,17113.7 mi
64
Show adjustment detail for the top comp
  • Tract size (11.8 ac → 9.33 ac)+2.0%
  • Access (Landlocked → Dirt)+26.5%
  • Market time (4 mo)+1.3%

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.