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Johnston County, NC · Sold

NC-862042

8028 County Road 189

$15,000
$7,576/ac · 1.98 ac
Acreage1.98 ac
Price per acre$7,576/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedJun 19, 2024
Coordinates35.4227, -78.2736
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
24
Low risk
Wetlands9.8% of tract

Little to no mapped wetland coverage.

Average slope2.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,744 ft away

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

Buildable area1.70 of 1.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,788
$11,727$17,850 · $7,469/ac on 1.98 ac
Asking vs estimate
+1.4%
In line with the comp set

Weighted from 10 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 $15,000
Maximum allowable offer
$8,450
$4,268/ac · +30.0% target margin

You need $6,550 off asking to hit this margin.

All-in cost$9,168
Net resale$13,605
Projected profit$4,437
ROI+48.4%
Annualized+69.3%
Break-even resale$5,033/ac
Profit if resale lands off target
-20%
$1,716
-10%
$3,076
0%
$4,437
+10%
$5,797
+20%
$7,158
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-992031
Landlocked · Off grid
2.0Oct 15, 2025$8,2004,2077,55511.8 mi
77
NC-362296
Paved · Power at road
2.4Mar 19, 2025$16,5006,9616,2919.4 mi
73
NC-951656
Paved · Off grid
1.5Mar 29, 2025$15,30010,29410,83814.2 mi
71
NC-810378
Dirt · Power at road
0.6Jul 27, 2026$3,0005,0125,7758.0 mi
68
NC-780539
Dirt · Off grid
0.7Mar 18, 2026$2,6003,9625,4577.8 mi
67
NC-580840
Dirt · Power at road
0.8May 5, 2025$5,4006,4837,87513.9 mi
59
NC-573118
Gravel · Full utilities
4.3Oct 23, 2024$33,0007,6616,93210.8 mi
59
NC-400504
Gravel · Off grid
0.7Aug 28, 2024$4,1006,3307,9779.9 mi
58
NC-133624
Gravel · Power at road
6.2Mar 22, 2025$50,3008,0938,94311.9 mi
56
NC-623764
Gravel · Off grid
6.9Jan 2, 2025$37,7005,4827,23114.2 mi
55
Show adjustment detail for the top comp
  • Access (Landlocked → Paved)+73.5%
  • Market time (10 mo)+3.5%

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.