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Johnston County, NC · Sold

NC-400504

7318 County Road 8

$3,900
$6,000/ac · 0.65 ac
Acreage0.65 ac
Price per acre$6,000/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedDec 10, 2023
Coordinates35.4808, -78.4348
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

5 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands28.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,636 ft away

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

Buildable area0.44 of 0.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,089
$3,204$4,975 · $6,291/ac on 0.65 ac
Asking vs estimate
-4.6%
In line with the comp set

Weighted from 8 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 $3,900
Maximum allowable offer
$2,337
$3,595/ac · +30.0% target margin

You need $1,563 off asking to hit this margin.

All-in cost$2,536
Net resale$3,762
Projected profit$1,227
ROI+48.4%
Annualized+69.2%
Break-even resale$4,240/ac
Profit if resale lands off target
-20%
$474
-10%
$850
0%
$1,227
+10%
$1,603
+20%
$1,979
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-780539
Dirt · Off grid
0.7Mar 18, 2026$2,6003,9624,6882.4 mi
86
NC-810378
Dirt · Power at road
0.6Jul 27, 2026$3,0005,0124,9613.8 mi
86
NC-190039
Gravel · Power at road
0.5Jul 2, 2026$2,9006,2545,3327.5 mi
85
NC-870066
Gravel · Power at road
0.5Aug 24, 2024$3,5007,5266,9154.6 mi
76
NC-580840
Dirt · Power at road
0.8May 5, 2025$5,4006,4836,7657.6 mi
71
NC-992031
Landlocked · Off grid
2.0Oct 15, 2025$8,2004,2076,4903.2 mi
71
NC-951656
Paved · Off grid
1.5Mar 29, 2025$15,30010,2949,3118.4 mi
63
NC-862042
Paved · Off grid
2.0May 30, 2025$15,5007,8417,0799.9 mi
61
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Market time (5 mo)+1.7%

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.