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Johnston County, NC · Sold

NC-106353

1924 County Road 20

$190,500
$4,246/ac · 44.87 ac
Acreage44.87 ac
Price per acre$4,246/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedNov 14, 2023
Coordinates35.5571, -78.2911
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

4 items to verify before you offer.

Risk index
61
High risk
Wetlands6.2% of tract

Little to no mapped wetland coverage.

Average slope28.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power10,582 ft away

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

Buildable area25.25 of 44.87 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$144,370
$125,756$162,984 · $3,218/ac on 44.87 ac
Asking vs estimate
+32.0%
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 $190,500
Maximum allowable offer
$82,497
$1,839/ac · +30.0% target margin

You need $108,003 off asking to hit this margin.

All-in cost$89,509
Net resale$132,820
Projected profit$43,311
ROI+48.4%
Annualized+69.3%
Break-even resale$2,168/ac
Profit if resale lands off target
-20%
$16,747
-10%
$30,029
0%
$43,311
+10%
$56,593
+20%
$69,875
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-875864
Landlocked · Off grid
31.5Jul 27, 2026$129,9004,1283,8843.4 mi
85
NC-826276
Gravel · Power at road
42.4Apr 18, 2026$230,1005,4233,1447.9 mi
85
NC-856956
Dirt · Off grid
69.5Jul 27, 2026$224,4003,2312,8032.3 mi
82
NC-716115
Dirt · Power at road
37.8Jan 10, 2026$148,9003,9442,6322.0 mi
80
NC-645787
Dirt · Off grid
29.8Nov 9, 2024$120,6004,0503,2012.7 mi
71
NC-887310
Landlocked · Off grid
89.8Dec 17, 2024$243,4002,7123,3728.3 mi
66
NC-448014
Gravel · Power at road
149.5Feb 2, 2024$638,7004,2743,6168.5 mi
54
Show adjustment detail for the top comp
  • Tract size (31.48 ac → 44.87 ac)-6.1%

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.