← New search
Iredell County, NC · Sold

NC-525876

205 County Road 357

$223,000
$7,021/ac · 31.76 ac
Acreage31.76 ac
Price per acre$7,021/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedApr 9, 2026
Coordinates35.7675, -80.7872
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

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands14.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,421 ft of deeded road frontage.

Power106 ft away

Power at or near the road.

Buildable area25.92 of 31.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$245,627
$199,772$291,481 · $7,734/ac on 31.76 ac
Asking vs estimate
-9.2%
Priced below 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 $223,000
Maximum allowable offer
$140,358
$4,419/ac · +30.0% target margin

You need $82,642 off asking to hit this margin.

All-in cost$152,288
Net resale$225,976
Projected profit$73,688
ROI+48.4%
Annualized+69.2%
Break-even resale$5,212/ac
Profit if resale lands off target
-20%
$28,493
-10%
$51,090
0%
$73,688
+10%
$96,286
+20%
$118,883
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-165995
Landlocked · Full utilities
34.6Jan 28, 2025$218,9006,3237,0826.5 mi
78
NC-526026
Landlocked · Power at road
35.4Oct 22, 2024$230,1006,4989,00810.0 mi
77
NC-444305
Dirt · Off grid
10.2Mar 1, 2026$94,1009,2429,6584.3 mi
73
NC-896359
Gravel · Full utilities
45.1Apr 1, 2024$365,2008,1046,6873.3 mi
72
NC-387239
Gravel · Off grid
85.3Jul 27, 2026$447,7005,2526,5026.6 mi
70
NC-474323
Dirt · Off grid
10.3Jan 26, 2026$57,2005,5465,8246.9 mi
67
NC-806865
Landlocked · Off grid
65.0Feb 19, 2024$325,6005,0089,4488.2 mi
59
Show adjustment detail for the top comp
  • Tract size (34.62 ac → 31.76 ac)+1.5%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (19 mo)+6.5%

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.