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Craven County, NC · Sold

NC-239716

6264 County Road 5

$1,419,000
$2,767/ac · 513 ac
Acreage513 ac
Price per acre$2,767/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedSep 1, 2024
Coordinates35.1771, -77.1148
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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

3 items to verify before you offer.

Risk index
14
Low risk
Wetlands14.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,803 ft of deeded road frontage.

Power89 ft away

Power at or near the road.

Buildable area415.10 of 512.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,535,541
$1,251,123$1,819,960 · $2,994/ac on 513 ac
Asking vs estimate
-7.6%
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 $1,419,000
Maximum allowable offer
$877,452
$1,711/ac · +30.0% target margin

You need $541,548 off asking to hit this margin.

All-in cost$952,035
Net resale$1,412,698
Projected profit$460,663
ROI+48.4%
Annualized+69.2%
Break-even resale$2,018/ac
Profit if resale lands off target
-20%
$178,123
-10%
$319,393
0%
$460,663
+10%
$601,933
+20%
$743,202
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-299975
Landlocked · Power at road
618.7May 9, 2026$1,506,1002,4343,2963.2 mi
83
NC-939562
Gravel · Off grid
458.7Jul 27, 2026$1,729,0003,7693,6968.0 mi
82
NC-109170
Landlocked · Off grid
345.3Oct 24, 2024$571,1001,6542,3536.3 mi
67
NC-156739
Landlocked · Full utilities
59.4Jul 27, 2026$230,5003,8852,26610.1 mi
60
NC-246790
Gravel · Power at road
61.6Aug 4, 2025$370,5006,0173,0546.1 mi
57
Show adjustment detail for the top comp
  • Tract size (618.69 ac → 512.85 ac)+5.9%
  • Access (Landlocked → Dirt)+26.5%
  • Market time (3 mo)+1.1%

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.