Johnston County, NC · Sold

NC-645787

9550 County Road 128

$121,100

$4,066/ac · 29.78 ac

Offer report Market this tract

Acreage29.78 ac

Price per acre$4,066/ac

ZoningMixed Use

Road accessDirt

UtilitiesOff grid

TopographyFlat

ListedDec 28, 2023

Coordinates35.5497, -78.3385

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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

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands24.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

883 ft of deeded road frontage.

Power5,682 ft away

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

Buildable area21.36 of 29.78 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$137,687

$111,933 – $163,441 · $4,623/ac on 29.78 ac

Asking vs estimate

-12.0%

Priced below 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 $121,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$78,678

$2,642/ac · +30.0% target margin

You need $42,422 off asking to hit this margin.

All-in cost$85,366

Net resale$126,672

Projected profit$41,307

ROI+48.4%

Annualized+69.3%

Break-even resale$3,116/ac

Profit if resale lands off target

-20%

$15,972

-10%

$28,639

$41,307

+10%

$53,974

+20%

$66,641

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NC-875864 Landlocked · Off grid	31.5	Jul 27, 2026	$129,900	4,128	5,279	1.7 mi	90
NC-716115 Dirt · Power at road	37.8	Jan 10, 2026	$148,900	3,944	3,577	2.5 mi	81
NC-856956 Dirt · Off grid	69.5	Jul 27, 2026	$224,400	3,231	3,810	1.0 mi	80
NC-826276 Gravel · Power at road	42.4	Apr 18, 2026	$230,100	5,423	4,273	5.4 mi	77
NC-494138 Dirt · Off grid	9.0	Jul 26, 2026	$51,100	5,668	4,957	8.2 mi	76
NC-106353 Landlocked · Off grid	44.9	Feb 21, 2024	$193,200	4,305	6,462	2.7 mi	69
NC-674069 Dirt · Full utilities	8.6	Oct 22, 2025	$56,600	6,595	4,131	7.7 mi	63
NC-887310 Landlocked · Off grid	89.8	Dec 17, 2024	$243,400	2,712	4,583	7.7 mi	60

Show adjustment detail for the top comp

Tract size (31.48 ac → 29.78 ac)+0.9%
Access (Landlocked → Dirt)+26.5%

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.

Build the listing kit Post a deal or JV