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Iredell County, NC · Sold

NC-357929

2798 County Road 165

$542,200
$3,858/ac · 141 ac
Acreage141 ac
Price per acre$3,858/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedJun 18, 2026
Coordinates35.8177, -80.7670
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

4 items to verify before you offer.

Risk index
22
Low risk
Wetlands13.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,129 ft of deeded road frontage.

Power4,226 ft away

Service extension needed; get a utility quote.

Buildable area115.88 of 140.53 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$696,292
$596,143$796,440 · $4,955/ac on 141 ac
Asking vs estimate
-22.1%
Priced below the comp set

Weighted from 6 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 $542,200
Maximum allowable offer
$397,881
$2,831/ac · +30.0% target margin

You need $144,319 off asking to hit this margin.

All-in cost$431,701
Net resale$640,588
Projected profit$208,887
ROI+48.4%
Annualized+69.2%
Break-even resale$3,339/ac
Profit if resale lands off target
-20%
$80,770
-10%
$144,828
0%
$208,887
+10%
$272,946
+20%
$337,005
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-387239
Gravel · Off grid
85.3Jul 27, 2026$447,7005,2523,9936.0 mi
83
NC-607972
Gravel · Off grid
145.0Sep 20, 2025$841,1005,8015,2215.2 mi
80
NC-838848
Gravel · Off grid
273.5Jul 27, 2026$1,277,0004,6694,8405.1 mi
77
NC-489101
Gravel · Off grid
328.5Jul 6, 2026$1,734,2005,2795,78611.3 mi
70
NC-806865
Landlocked · Off grid
65.0Feb 19, 2024$325,6005,0085,8025.7 mi
66
NC-896359
Gravel · Full utilities
45.1Apr 1, 2024$365,2008,1044,1076.3 mi
56
Show adjustment detail for the top comp
  • Tract size (85.25 ac → 140.53 ac)-11.8%
  • Access (Gravel → Dirt)-14.0%

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.