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Duplin County, NC · Sold

NC-456474

361 County Road 347

$189,200
$3,863/ac · 48.98 ac
Acreage48.98 ac
Price per acre$3,863/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedApr 8, 2025
Coordinates34.9274, -77.8557
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

Duplin County, North Carolina. Piedmont builder demand plus mountain view lots in the west.

View Duplin market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
23
Low risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope6.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,198 ft away

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

Buildable area44.25 of 48.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$203,842
$162,514$245,170 · $4,162/ac on 48.98 ac
Asking vs estimate
-7.2%
Priced below 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 $189,200
Maximum allowable offer
$116,481
$2,378/ac · +30.0% target margin

You need $72,719 off asking to hit this margin.

All-in cost$126,382
Net resale$187,535
Projected profit$61,153
ROI+48.4%
Annualized+69.3%
Break-even resale$2,805/ac
Profit if resale lands off target
-20%
$23,646
-10%
$42,399
0%
$61,153
+10%
$79,906
+20%
$98,660
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-625605
Gravel · Power at road
26.1Jul 27, 2026$170,0006,5124,9721.0 mi
81
NC-186079
Paved · Off grid
36.8Jul 27, 2026$134,9003,6672,9529.9 mi
80
NC-925838
Gravel · Off grid
30.9Dec 14, 2024$166,5005,3905,3071.7 mi
78
NC-695734
Landlocked · Off grid
28.7Jul 27, 2026$85,5002,9854,00010.0 mi
76
NC-115334
Gravel · Off grid
21.4Nov 3, 2025$77,1003,5973,2395.5 mi
71
NC-664926
Dirt · Full utilities
16.0Jul 27, 2026$102,7006,4374,3953.6 mi
71
NC-687348
Dirt · Full utilities
92.3May 14, 2025$470,5005,1005,0036.4 mi
66
NC-845250
Paved · Power at road
20.2Jul 20, 2025$95,9004,7513,0934.4 mi
65
NC-247524
Landlocked · Power at road
104.8Dec 12, 2024$291,0002,7774,40810.9 mi
64
Show adjustment detail for the top comp
  • Tract size (26.1 ac → 48.98 ac)-10.4%
  • Utilities (Power at road → Off grid)-15.0%

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.