← New search
Iredell County, NC · Sold

NC-806865

5627 County Road 155

$374,300
$5,757/ac · 65.02 ac
Acreage65.02 ac
Price per acre$5,757/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedDec 16, 2023
Coordinates35.8788, -80.8365
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

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

View Iredell market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
49
Moderate risk
Wetlands13.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power12,080 ft away

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

Buildable area53.24 of 65.02 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$268,419
$226,467$310,372 · $4,128/ac on 65.02 ac
Asking vs estimate
+39.4%
Priced above the comp set

Weighted from 7 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 $374,300
Maximum allowable offer
$153,383
$2,359/ac · +30.0% target margin

You need $220,917 off asking to hit this margin.

All-in cost$166,421
Net resale$246,946
Projected profit$80,525
ROI+48.4%
Annualized+69.2%
Break-even resale$2,782/ac
Profit if resale lands off target
-20%
$31,136
-10%
$55,831
0%
$80,525
+10%
$105,220
+20%
$129,915
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-387239
Gravel · Off grid
85.3Jul 27, 2026$447,7005,2523,8073.7 mi
88
NC-357929
Dirt · Off grid
140.5Jul 27, 2026$484,2003,4453,2925.7 mi
80
NC-525876
Dirt · Power at road
31.8May 24, 2026$203,4006,4043,7858.2 mi
71
NC-607972
Gravel · Off grid
145.0Sep 20, 2025$841,1005,8014,9784.0 mi
69
NC-165995
Landlocked · Full utilities
34.6Jan 28, 2025$218,9006,3234,1475.0 mi
68
NC-896359
Gravel · Full utilities
45.1Apr 1, 2024$365,2008,1043,9159.0 mi
64
NC-526026
Landlocked · Power at road
35.4Oct 22, 2024$230,1006,4985,27511.7 mi
64
Show adjustment detail for the top comp
  • Tract size (85.25 ac → 65.02 ac)+6.4%
  • Access (Gravel → Landlocked)-32.0%

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.