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Johnston County, NC · Sold

NC-973818

2765 County Road 391

$54,300
$7,594/ac · 7.15 ac
Acreage7.15 ac
Price per acre$7,594/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedJan 13, 2025
Coordinates35.5240, -78.4004
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

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope9.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

568 ft of deeded road frontage.

Power32 ft away

Power at or near the road.

Buildable area6.74 of 7.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$51,300
$45,556$57,045 · $7,175/ac on 7.15 ac
Asking vs estimate
+5.8%
Priced above the comp set

Weighted from 7 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 $54,300
Maximum allowable offer
$29,314
$4,100/ac · +30.0% target margin

You need $24,986 off asking to hit this margin.

All-in cost$31,806
Net resale$47,196
Projected profit$15,391
ROI+48.4%
Annualized+69.3%
Break-even resale$4,835/ac
Profit if resale lands off target
-20%
$5,951
-10%
$10,671
0%
$15,391
+10%
$20,110
+20%
$24,830
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-494138
Dirt · Off grid
9.0Jul 26, 2026$51,1005,6687,8955.9 mi
81
NC-623923
Gravel · Full utilities
7.7Feb 26, 2025$66,3008,5827,5051.9 mi
80
NC-133624
Gravel · Power at road
6.2Mar 22, 2025$50,3008,0938,4994.1 mi
79
NC-623764
Gravel · Off grid
6.9Jan 2, 2025$37,7005,4826,8724.3 mi
78
NC-674069
Dirt · Full utilities
8.6Oct 22, 2025$56,6006,5956,5804.0 mi
77
NC-573118
Gravel · Full utilities
4.3Oct 23, 2024$33,0007,6616,5884.3 mi
69
NC-362296
Paved · Power at road
2.4Mar 19, 2025$16,5006,9615,9795.4 mi
66
Show adjustment detail for the top comp
  • Tract size (9.02 ac → 7.15 ac)+1.6%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%

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.