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Guilford County, NC · Sold

NC-374961

447 County Road 115

$115,100
$7,031/ac · 16.37 ac
Acreage16.37 ac
Price per acre$7,031/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedNov 5, 2024
Coordinates36.1542, -79.7891
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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

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

View Guilford market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
42
Moderate risk
Wetlands42.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.2%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

655 ft of deeded road frontage.

Power107 ft away

Power at or near the road.

Buildable area9.02 of 16.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$173,892
$130,950$216,835 · $10,623/ac on 16.37 ac
Asking vs estimate
-33.8%
Priced below the comp set

Weighted from 10 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 $115,100
Maximum allowable offer
$99,367
$6,070/ac · +30.0% target margin

You need $15,733 off asking to hit this margin.

All-in cost$107,813
Net resale$159,981
Projected profit$52,168
ROI+48.4%
Annualized+69.3%
Break-even resale$7,159/ac
Profit if resale lands off target
-20%
$20,172
-10%
$36,170
0%
$52,168
+10%
$68,166
+20%
$84,164
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-785441
Dirt · Off grid
23.2May 24, 2026$148,1006,3889,2183.1 mi
79
NC-545479
Landlocked · Full utilities
23.8Apr 3, 2026$118,5004,9746,3868.6 mi
78
NC-854232
Dirt · Off grid
9.7Jul 27, 2026$67,1006,9569,0715.9 mi
77
NC-825160
Gravel · Full utilities
18.9Feb 8, 2025$331,80017,54515,5615.7 mi
75
NC-313249
Landlocked · Full utilities
4.7Jul 27, 2026$35,0007,3788,1263.2 mi
74
NC-235770
Paved · Full utilities
29.4Jul 27, 2026$396,70013,48810,1659.5 mi
73
NC-386288
Landlocked · Power at road
42.8Jul 27, 2026$329,8007,70313,11610.5 mi
71
NC-994387
Paved · Off grid
10.8Jun 14, 2025$133,00012,31312,36310.9 mi
67
NC-674325
Gravel · Power at road
10.3Apr 25, 2024$104,70010,13710,6349.2 mi
67
NC-586254
Paved · Full utilities
41.8Aug 11, 2024$611,10014,63412,67811.2 mi
57
Show adjustment detail for the top comp
  • Tract size (23.18 ac → 16.37 ac)+4.5%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (3 mo)+1.0%

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.