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Johnston County, NC · Sold

NC-448014

854 County Road 103

$766,800
$5,130/ac · 149 ac
Acreage149 ac
Price per acre$5,130/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedDec 10, 2023
Coordinates35.5788, -78.4399
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

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

View Johnston market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
17
Low risk
Wetlands6.4% of tract

Little to no mapped wetland coverage.

Average slope15.9%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,581 ft of deeded road frontage.

Power177 ft away

Power at or near the road.

Buildable area111.92 of 149.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$726,460
$523,051$929,869 · $4,861/ac on 149 ac
Asking vs estimate
+5.6%
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 $766,800
Maximum allowable offer
$415,120
$2,777/ac · +30.0% target margin

You need $351,680 off asking to hit this margin.

All-in cost$450,405
Net resale$668,343
Projected profit$217,938
ROI+48.4%
Annualized+69.2%
Break-even resale$3,276/ac
Profit if resale lands off target
-20%
$84,269
-10%
$151,104
0%
$217,938
+10%
$284,772
+20%
$351,607
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-188276
Gravel · Off grid
180.7Jul 27, 2026$652,2003,6094,48012.9 mi
81
NC-856956
Dirt · Off grid
69.5Jul 27, 2026$224,4003,2313,6677.0 mi
72
NC-798839
Paved · Off grid
271.7Jul 27, 2026$661,9002,4362,87411.1 mi
72
NC-949212
Gravel · Off grid
356.0Nov 17, 2024$1,538,2004,3216,9714.6 mi
64
NC-887310
Landlocked · Off grid
89.8Dec 17, 2024$243,4002,7124,41011.7 mi
62
NC-859537
Paved · Off grid
450.5Nov 26, 2023$1,839,1004,0826,2167.9 mi
59
NC-106353
Landlocked · Off grid
44.9Feb 21, 2024$193,2004,3056,2188.5 mi
54
Show adjustment detail for the top comp
  • Tract size (180.7 ac → 149.46 ac)+5.3%
  • Utilities (Off grid → Power at road)+17.6%

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.