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Craven County, NC · Sold

NC-462162

8695 County Road 297

$24,000
$11,163/ac · 2.15 ac
Acreage2.15 ac
Price per acre$11,163/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedDec 2, 2023
Coordinates35.0549, -77.1102
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

1 item to verify before you offer.

Risk index
9
Low risk
Wetlands3.1% of tract

Little to no mapped wetland coverage.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

172 ft of deeded road frontage.

Power1,650 ft away

Service extension needed; get a utility quote.

Buildable area1.98 of 2.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$17,043
$13,490$20,597 · $7,927/ac on 2.15 ac
Asking vs estimate
+40.8%
Priced above the comp set

Weighted from 8 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 $24,000
Maximum allowable offer
$9,739
$4,530/ac · +30.0% target margin

You need $14,261 off asking to hit this margin.

All-in cost$10,567
Net resale$15,680
Projected profit$5,113
ROI+48.4%
Annualized+69.3%
Break-even resale$5,342/ac
Profit if resale lands off target
-20%
$1,977
-10%
$3,545
0%
$5,113
+10%
$6,681
+20%
$8,249
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-132506
Gravel · Off grid
2.8Oct 7, 2025$26,1009,45411,6266.1 mi
80
NC-261072
Paved · Off grid
1.0May 22, 2026$6,7006,8446,8298.4 mi
79
NC-431080
Gravel · Full utilities
1.0Jul 27, 2026$9,4009,6377,8475.7 mi
77
NC-803236
Dirt · Off grid
4.7Jul 27, 2026$21,3004,5366,3913.9 mi
76
NC-472034
Landlocked · Off grid
2.0Aug 20, 2024$6,8003,4866,5413.6 mi
76
NC-711797
Gravel · Full utilities
1.6Nov 16, 2024$15,6009,4618,30710.3 mi
67
NC-791087
Gravel · Power at road
1.0Jul 19, 2025$8,2008,2718,5697.9 mi
64
NC-411086
Landlocked · Full utilities
1.0Sep 26, 2024$5,5005,5557,16410.9 mi
63
Show adjustment detail for the top comp
  • Tract size (2.76 ac → 2.15 ac)+0.6%
  • Access (Gravel → Paved)+18.0%
  • Market time (10 mo)+3.6%

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.