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Craven County, NC · Sold

NC-606370

5626 County Road 138

$284,900
$6,271/ac · 45.43 ac
Acreage45.43 ac
Price per acre$6,271/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedJan 4, 2025
Coordinates35.1088, -77.1284
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

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

View Craven market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
20
Low risk
Wetlands2.4% of tract

Little to no mapped wetland coverage.

Average slope22.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,619 ft of deeded road frontage.

Power200 ft away

Power at or near the road.

Buildable area26.60 of 45.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$320,607
$255,329$385,885 · $7,057/ac on 45.43 ac
Asking vs estimate
-11.1%
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 $284,900
Maximum allowable offer
$183,204
$4,033/ac · +30.0% target margin

You need $101,696 off asking to hit this margin.

All-in cost$198,776
Net resale$294,959
Projected profit$96,182
ROI+48.4%
Annualized+69.2%
Break-even resale$4,756/ac
Profit if resale lands off target
-20%
$37,191
-10%
$66,686
0%
$96,182
+10%
$125,678
+20%
$155,174
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-246790
Gravel · Power at road
61.6Aug 4, 2025$370,5006,0176,6791.4 mi
84
NC-156739
Landlocked · Full utilities
59.4Jul 27, 2026$230,5003,8854,9546.2 mi
80
NC-736343
Gravel · Off grid
44.5Feb 8, 2025$311,6006,9958,7207.1 mi
77
NC-824603
Landlocked · Off grid
12.6Jul 27, 2026$64,1005,0727,3265.1 mi
68
NC-974125
Gravel · Power at road
8.9Jul 5, 2025$93,90010,5148,9065.2 mi
67
NC-434645
Paved · Power at road
13.0Aug 12, 2024$99,3007,6245,8548.3 mi
57
Show adjustment detail for the top comp
  • Tract size (61.58 ac → 45.43 ac)+6.4%
  • Market time (12 mo)+4.3%

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.