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Iredell County, NC · Sold

NC-761339

8592 County Road 186

$9,700
$8,151/ac · 1.19 ac
Acreage1.19 ac
Price per acre$8,151/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedAug 6, 2024
Coordinates35.8104, -80.8713
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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

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

1 item to verify before you offer.

Risk index
16
Low risk
Wetlands3.6% of tract

Little to no mapped wetland coverage.

Average slope9.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

225 ft of deeded road frontage.

Power13,074 ft away

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

Buildable area1.09 of 1.19 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$13,772
$11,242$16,303 · $11,573/ac on 1.19 ac
Asking vs estimate
-29.6%
Priced below the comp set

Weighted from 5 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 $9,700
Maximum allowable offer
$7,870
$6,613/ac · +30.0% target margin

You need $1,830 off asking to hit this margin.

All-in cost$8,539
Net resale$12,671
Projected profit$4,132
ROI+48.4%
Annualized+69.2%
Break-even resale$7,800/ac
Profit if resale lands off target
-20%
$1,598
-10%
$2,865
0%
$4,132
+10%
$5,399
+20%
$6,666
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-530590
Gravel · Off grid
0.7Jul 27, 2026$5,9008,5938,5684.1 mi
82
NC-191915
Dirt · Off grid
1.8Jul 27, 2026$17,7009,82611,5224.7 mi
81
NC-922047
Paved · Off grid
2.0Jul 27, 2026$34,60017,47614,9636.8 mi
78
NC-980580
Dirt · Off grid
0.7Dec 24, 2023$6,4009,39012,0683.1 mi
70
NC-340105
Dirt · Off grid
0.5Aug 16, 2024$4,2008,63010,7994.0 mi
63
Show adjustment detail for the top comp
  • Tract size (0.69 ac → 1.19 ac)-0.5%

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.