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Craven County, NC · Sold

NC-109170

1392 County Road 32

$643,800
$1,864/ac · 345 ac
Acreage345 ac
Price per acre$1,864/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedApr 6, 2024
Coordinates35.0934, -77.1610
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

3 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands1.9% of tract

Little to no mapped wetland coverage.

Average slope10.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power5,738 ft away

A long utility run — price in solar/off-grid instead.

Buildable area321.81 of 345.31 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$817,002
$676,388$957,615 · $2,366/ac on 345 ac
Asking vs estimate
-21.2%
Priced below 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 $643,800
Maximum allowable offer
$466,858
$1,352/ac · +30.0% target margin

You need $176,942 off asking to hit this margin.

All-in cost$506,541
Net resale$751,641
Projected profit$245,101
ROI+48.4%
Annualized+69.2%
Break-even resale$1,594/ac
Profit if resale lands off target
-20%
$94,772
-10%
$169,936
0%
$245,101
+10%
$320,265
+20%
$395,429
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-939562
Gravel · Off grid
458.7Jul 27, 2026$1,729,0003,7692,7956.1 mi
82
NC-299975
Landlocked · Power at road
618.7May 9, 2026$1,506,1002,4342,4939.3 mi
75
NC-239716
Dirt · Power at road
512.9Nov 8, 2024$1,270,0002,4762,0126.3 mi
67
NC-156739
Landlocked · Full utilities
59.4Jul 27, 2026$230,5003,8851,7146.8 mi
66
NC-606370
Gravel · Power at road
45.4Dec 7, 2025$283,8006,2462,2232.1 mi
60
NC-246790
Gravel · Power at road
61.6Aug 4, 2025$370,5006,0172,3102.1 mi
59
NC-736343
Gravel · Off grid
44.5Feb 8, 2025$311,6006,9953,0168.8 mi
53
Show adjustment detail for the top comp
  • Tract size (458.71 ac → 345.31 ac)+8.8%
  • Access (Gravel → Landlocked)-32.0%

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.