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Craven County, NC · Sold

NC-156739

8412 County Road 98

$220,200
$3,710/ac · 59.35 ac
Acreage59.35 ac
Price per acre$3,710/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesFull utilities
TopographyRolling
ListedJul 12, 2026
Coordinates35.0367, -77.0636
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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

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

1 item to verify before you offer.

Risk index
31
Moderate risk
Wetlands9.2% of tract

Little to no mapped wetland coverage.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area51.20 of 59.35 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$327,687
$282,652$372,722 · $5,521/ac on 59.35 ac
Asking vs estimate
-32.8%
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 $220,200
Maximum allowable offer
$187,250
$3,155/ac · +30.0% target margin

You need $32,950 off asking to hit this margin.

All-in cost$203,166
Net resale$301,472
Projected profit$98,306
ROI+48.4%
Annualized+69.2%
Break-even resale$3,721/ac
Profit if resale lands off target
-20%
$38,011
-10%
$68,158
0%
$98,306
+10%
$128,453
+20%
$158,600
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-246790
Gravel · Power at road
61.6Aug 4, 2025$370,5006,0175,2495.0 mi
78
NC-606370
Gravel · Power at road
45.4Dec 7, 2025$283,8006,2465,0506.2 mi
75
NC-736343
Gravel · Off grid
44.5Feb 8, 2025$311,6006,9956,8534.5 mi
71
NC-824603
Landlocked · Off grid
12.6Jul 27, 2026$64,1005,0725,7577.0 mi
68
NC-434645
Paved · Power at road
13.0Aug 12, 2024$99,3007,6244,6015.7 mi
58
Show adjustment detail for the top comp
  • Tract size (61.58 ac → 59.35 ac)+0.8%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Full utilities)+22.0%
  • 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.