NC-387239
5534 County Road 385
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Iredell County, North Carolina. Piedmont builder demand plus mountain view lots in the west.
View Iredell market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
2,272 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $227,584 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NC-357929 Dirt · Off grid | 140.5 | Jul 27, 2026 | $484,200 | 3,445 | 4,551 | 6.0 mi | 83 |
| NC-806865 Landlocked · Off grid | 65.0 | Feb 19, 2024 | $325,600 | 5,008 | 7,648 | 3.7 mi | 75 |
| NC-838848 Gravel · Off grid | 273.5 | Jul 27, 2026 | $1,277,000 | 4,669 | 6,379 | 4.4 mi | 74 |
| NC-607972 Gravel · Off grid | 145.0 | Sep 20, 2025 | $841,100 | 5,801 | 6,882 | 7.2 mi | 73 |
| NC-525876 Dirt · Power at road | 31.8 | May 24, 2026 | $203,400 | 6,404 | 5,233 | 6.6 mi | 68 |
| NC-165995 Landlocked · Full utilities | 34.6 | Jan 28, 2025 | $218,900 | 6,323 | 5,733 | 1.3 mi | 64 |
| NC-896359 Gravel · Full utilities | 45.1 | Apr 1, 2024 | $365,200 | 8,104 | 5,413 | 6.1 mi | 64 |
| NC-526026 Landlocked · Power at road | 35.4 | Oct 22, 2024 | $230,100 | 6,498 | 7,292 | 8.0 mi | 59 |
Show adjustment detail for the top comp
- Tract size (140.53 ac → 85.25 ac)+13.4%
- 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.