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Craven County, NC · Sold

NC-974125

2276 County Road 161

$87,100
$9,754/ac · 8.93 ac
Acreage8.93 ac
Price per acre$9,754/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedApr 10, 2025
Coordinates35.0544, -77.1920
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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
17
Low risk
Wetlands6.4% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power16 ft away

Power at or near the road.

Buildable area7.94 of 8.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$75,824
$59,335$92,313 · $8,491/ac on 8.93 ac
Asking vs estimate
+14.9%
Priced above the comp set

Weighted from 9 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 $87,100
Maximum allowable offer
$43,328
$4,852/ac · +30.0% target margin

You need $43,772 off asking to hit this margin.

All-in cost$47,011
Net resale$69,758
Projected profit$22,747
ROI+48.4%
Annualized+69.2%
Break-even resale$5,722/ac
Profit if resale lands off target
-20%
$8,795
-10%
$15,771
0%
$22,747
+10%
$29,723
+20%
$36,699
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-824603
Landlocked · Off grid
12.6Jul 27, 2026$64,1005,0729,05310.1 mi
77
NC-803236
Dirt · Off grid
4.7Jul 27, 2026$21,3004,5365,9933.3 mi
77
NC-606370
Gravel · Power at road
45.4Dec 7, 2025$283,8006,2467,9425.2 mi
69
NC-132506
Gravel · Off grid
2.8Oct 7, 2025$26,1009,45410,9039.1 mi
68
NC-434645
Paved · Power at road
13.0Aug 12, 2024$99,3007,6247,23412.0 mi
65
NC-462162
Paved · Off grid
2.1Feb 7, 2025$23,30010,85010,8244.6 mi
62
NC-736343
Gravel · Off grid
44.5Feb 8, 2025$311,6006,99510,77610.7 mi
55
NC-472034
Landlocked · Off grid
2.0Aug 20, 2024$6,8003,4866,1344.8 mi
55
NC-711797
Gravel · Full utilities
1.6Nov 16, 2024$15,6009,4617,79014.2 mi
52
Show adjustment detail for the top comp
  • Tract size (12.63 ac → 8.93 ac)+2.9%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Power at road)+17.6%

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.