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Johnston County, NC · Sold

NC-949212

2969 County Road 326

$1,473,400
$4,139/ac · 356 ac
Acreage356 ac
Price per acre$4,139/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedSep 12, 2023
Coordinates35.5162, -78.4689
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

3 items to verify before you offer.

Risk index
26
Low risk
Wetlands10.4% of tract

Little to no mapped wetland coverage.

Average slope10.7%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,779 ft of deeded road frontage.

Power13,858 ft away

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

Buildable area303.01 of 355.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,028,980
$782,033$1,275,927 · $2,891/ac on 356 ac
Asking vs estimate
+43.2%
Priced above 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 $1,473,400
Maximum allowable offer
$587,989
$1,652/ac · +30.0% target margin

You need $885,411 off asking to hit this margin.

All-in cost$637,968
Net resale$946,662
Projected profit$308,694
ROI+48.4%
Annualized+69.2%
Break-even resale$1,948/ac
Profit if resale lands off target
-20%
$119,361
-10%
$214,028
0%
$308,694
+10%
$403,360
+20%
$498,026
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-188276
Gravel · Off grid
180.7Jul 27, 2026$652,2003,6092,98012.0 mi
80
NC-798839
Paved · Off grid
271.7Jul 27, 2026$661,9002,4361,9129.9 mi
80
NC-859537
Paved · Off grid
450.5Nov 26, 2023$1,839,1004,0824,13510.3 mi
66
NC-856956
Dirt · Off grid
69.5Jul 27, 2026$224,4003,2312,4398.2 mi
66
NC-448014
Gravel · Power at road
149.5Feb 2, 2024$638,7004,2743,1464.6 mi
62
NC-887310
Landlocked · Off grid
89.8Dec 17, 2024$243,4002,7122,9349.8 mi
56
Show adjustment detail for the top comp
  • Tract size (180.7 ac → 355.98 ac)-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.