Kent County, RI · Sold

RI-984694

318 County Road 102

$240,200

$40,033/ac · 6.00 ac

Offer report Market this tract

Acreage6.00 ac

Price per acre$40,033/ac

ZoningUnzoned

Road accessPaved

UtilitiesPower at road

TopographyRolling

ListedFeb 10, 2024

Coordinates41.6931, -71.6337

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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

Kent County, Rhode Island. Almost no raw land market; subdivided lots only.

View Kent market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Low risk

Wetlands16.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

554 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area4.75 of 6.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$236,721

$183,854 – $289,587 · $39,453/ac on 6.00 ac

Asking vs estimate

+1.5%

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 $240,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$135,269

$22,545/ac · +30.0% target margin

You need $104,931 off asking to hit this margin.

All-in cost$146,767

Net resale$217,783

Projected profit$71,016

ROI+48.4%

Annualized+69.2%

Break-even resale$26,588/ac

Profit if resale lands off target

-20%

$27,460

-10%

$49,238

$71,016

+10%

$92,794

+20%

$114,573

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
RI-734210 Landlocked · Full utilities	4.2	Sep 2, 2025	$101,000	23,933	34,832	5.0 mi	77
RI-494429 Gravel · Power at road	5.0	Mar 28, 2025	$153,800	31,077	38,438	2.5 mi	76
RI-324329 Landlocked · Power at road	4.6	May 26, 2025	$79,300	17,245	31,065	4.8 mi	74
RI-664148 Gravel · Full utilities	4.0	Jun 24, 2025	$131,300	32,509	32,368	4.3 mi	71
RI-584123 Dirt · Full utilities	4.0	Jun 1, 2025	$181,200	45,767	53,081	3.4 mi	71
RI-866011 Gravel · Full utilities	15.6	Mar 10, 2026	$693,500	44,544	47,305	4.2 mi	68
RI-385651 Dirt · Power at road	12.0	Sep 24, 2024	$393,400	32,808	51,046	7.5 mi	63
RI-955813 Landlocked · Full utilities	13.5	Sep 18, 2024	$236,500	17,533	28,617	3.1 mi	63

Show adjustment detail for the top comp

Tract size (4.22 ac → 6 ac)-1.6%
Access (Landlocked → Paved)+73.5%
Utilities (Full utilities → Power at road)-18.0%
Market time (11 mo)+4.0%

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