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Johnston County, NC · Sold

NC-859537

4428 County Road 395

$1,999,000
$4,437/ac · 450 ac
Acreage450 ac
Price per acre$4,437/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedNov 9, 2023
Coordinates35.5726, -78.2996
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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

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

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands11.0% of tract

Little to no mapped wetland coverage.

Average slope7.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

4,186 ft of deeded road frontage.

Power2,406 ft away

Service extension needed; get a utility quote.

Buildable area380.88 of 450.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,531,073
$1,102,372$1,959,773 · $3,399/ac on 450 ac
Asking vs estimate
+30.6%
Priced above 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 $1,999,000
Maximum allowable offer
$874,899
$1,942/ac · +30.0% target margin

You need $1,124,101 off asking to hit this margin.

All-in cost$949,265
Net resale$1,408,587
Projected profit$459,322
ROI+48.4%
Annualized+69.2%
Break-even resale$2,290/ac
Profit if resale lands off target
-20%
$177,604
-10%
$318,463
0%
$459,322
+10%
$600,180
+20%
$741,039
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-798839
Paved · Off grid
271.7Jul 27, 2026$661,9002,4362,1047.8 mi
80
NC-188276
Gravel · Off grid
180.7Jul 27, 2026$652,2003,6093,2798.5 mi
72
NC-949212
Gravel · Off grid
356.0Nov 17, 2024$1,538,2004,3215,10210.3 mi
69
NC-448014
Gravel · Power at road
149.5Feb 2, 2024$638,7004,2743,4617.9 mi
59
NC-887310
Landlocked · Off grid
89.8Dec 17, 2024$243,4002,7123,2279.3 mi
54
Show adjustment detail for the top comp
  • Tract size (271.69 ac → 450.48 ac)-13.8%

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.