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Johnston County, NC · Sold

NC-190039

4732 County Road 231

$3,100
$6,739/ac · 0.46 ac
Acreage0.46 ac
Price per acre$6,739/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedJul 3, 2025
Coordinates35.5530, -78.3359
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
46
Moderate risk
Wetlands36.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.3%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power155 ft away

Power at or near the road.

Buildable area0.28 of 0.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,501
$2,712$4,290 · $7,611/ac on 0.46 ac
Asking vs estimate
-11.5%
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 $3,100
Maximum allowable offer
$2,001
$4,349/ac · +30.0% target margin

You need $1,099 off asking to hit this margin.

All-in cost$2,171
Net resale$3,221
Projected profit$1,050
ROI+48.4%
Annualized+69.2%
Break-even resale$5,130/ac
Profit if resale lands off target
-20%
$406
-10%
$728
0%
$1,050
+10%
$1,372
+20%
$1,694
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-810378
Dirt · Power at road
0.6Jul 27, 2026$3,0005,0125,8483.9 mi
85
NC-870066
Gravel · Power at road
0.5Aug 24, 2024$3,5007,5268,1523.8 mi
84
NC-780539
Dirt · Off grid
0.7Mar 18, 2026$2,6003,9625,5265.9 mi
75
NC-400504
Gravel · Off grid
0.7Aug 28, 2024$4,1006,3308,0787.5 mi
74
NC-580840
Dirt · Power at road
0.8May 5, 2025$5,4006,4837,9744.9 mi
69
NC-951656
Paved · Off grid
1.5Mar 29, 2025$15,30010,29410,9754.9 mi
60
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%

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.