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Halifax County, NC · Sold

NC-169115

5023 County Road 400

$1,813,000
$5,464/ac · 332 ac
Acreage332 ac
Price per acre$5,464/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedMay 7, 2026
Coordinates36.2786, -77.6028
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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

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

View Halifax market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands5.9% of tract

Little to no mapped wetland coverage.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area296.63 of 331.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,869,926
$1,602,861$2,136,991 · $5,635/ac on 332 ac
Asking vs estimate
-3.0%
In line with 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 $1,813,000
Maximum allowable offer
$1,068,529
$3,220/ac · +30.0% target margin

You need $744,471 off asking to hit this margin.

All-in cost$1,159,354
Net resale$1,720,332
Projected profit$560,978
ROI+48.4%
Annualized+69.2%
Break-even resale$3,798/ac
Profit if resale lands off target
-20%
$216,911
-10%
$388,945
0%
$560,978
+10%
$733,011
+20%
$905,044
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-118784
Dirt · Full utilities
261.1Jul 27, 2026$1,676,3006,4216,9792.3 mi
85
NC-409309
Paved · Power at road
381.9Sep 14, 2025$1,852,0004,8495,4283.7 mi
82
NC-638752
Dirt · Off grid
255.1Jul 27, 2026$814,1003,1914,9467.4 mi
80
NC-887630
Gravel · Off grid
113.2Jul 27, 2026$561,0004,9585,3012.2 mi
79
NC-977822
Landlocked · Power at road
130.1Jul 27, 2026$410,4003,1564,3712.5 mi
73
NC-799756
Gravel · Full utilities
527.9Jul 8, 2025$2,817,0005,3366,4136.7 mi
73
NC-219922
Gravel · Full utilities
595.4Apr 5, 2025$2,483,5004,1715,2543.1 mi
72
NC-949005
Dirt · Full utilities
306.4May 12, 2024$1,490,8004,8656,0528.8 mi
72
NC-537825
Dirt · Power at road
130.3Mar 27, 2026$577,7004,4334,9254.0 mi
69
NC-887587
Dirt · Off grid
109.7Jul 27, 2026$588,1005,3616,6138.0 mi
68
Show adjustment detail for the top comp
  • Tract size (261.08 ac → 331.82 ac)-6.7%
  • Access (Dirt → Gravel)+16.3%

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.