Johnston County, NC · Sold

NC-580840

5889 County Road 288

$5,700

$6,867/ac · 0.83 ac

Offer report Market this tract

Acreage0.83 ac

Price per acre$6,867/ac

ZoningResidential

Road accessDirt

UtilitiesPower at road

TopographyFlat

ListedJan 30, 2025

Coordinates35.5895, -78.4106

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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

Low risk

Wetlands24.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

213 ft of deeded road frontage.

Power183 ft away

Power at or near the road.

Buildable area0.59 of 0.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$5,266

$4,099 – $6,433 · $6,345/ac on 0.83 ac

Asking vs estimate

+8.2%

Priced above the comp set

Weighted from 9 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 $5,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$3,009

$3,626/ac · +30.0% target margin

You need $2,691 off asking to hit this margin.

All-in cost$3,265

Net resale$4,845

Projected profit$1,580

ROI+48.4%

Annualized+69.3%

Break-even resale$4,275/ac

Profit if resale lands off target

-20%

$611

-10%

$1,096

$1,580

+10%

$2,065

+20%

$2,549

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NC-810378 Dirt · Power at road	0.6	Jul 27, 2026	$3,000	5,012	5,010	6.2 mi	84
NC-780539 Dirt · Off grid	0.7	Mar 18, 2026	$2,600	3,962	4,734	7.5 mi	79
NC-190039 Gravel · Power at road	0.5	Jul 2, 2026	$2,900	6,254	5,385	4.9 mi	78
NC-951656 Paved · Off grid	1.5	Mar 29, 2025	$15,300	10,294	9,402	0.9 mi	74
NC-400504 Gravel · Off grid	0.7	Aug 28, 2024	$4,100	6,330	6,920	7.6 mi	68
NC-992031 Landlocked · Off grid	2.0	Oct 15, 2025	$8,200	4,207	6,554	4.6 mi	66
NC-870066 Gravel · Power at road	0.5	Aug 24, 2024	$3,500	7,526	6,983	6.8 mi	66
NC-362296 Paved · Power at road	2.4	Mar 19, 2025	$16,500	6,961	5,458	9.6 mi	61
NC-862042 Paved · Off grid	2.0	May 30, 2025	$15,500	7,841	7,149	13.9 mi	59

Show adjustment detail for the top comp

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.

Build the listing kit Post a deal or JV