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Kent County, RI · Sold

RI-955813

1435 County Road 39

$272,800
$20,222/ac · 13.49 ac
Acreage13.49 ac
Price per acre$20,222/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesFull utilities
TopographyFlat
ListedNov 25, 2023
Coordinates41.6625, -71.5903
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

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

View Kent market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
68
High risk
Wetlands49.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.9%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area6.46 of 13.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$377,079
$306,190$447,969 · $27,953/ac on 13.49 ac
Asking vs estimate
-27.7%
Priced below the comp set

Weighted from 10 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 $272,800
Maximum allowable offer
$215,474
$15,973/ac · +30.0% target margin

You need $57,326 off asking to hit this margin.

All-in cost$233,789
Net resale$346,913
Projected profit$113,124
ROI+48.4%
Annualized+69.2%
Break-even resale$18,838/ac
Profit if resale lands off target
-20%
$43,741
-10%
$78,432
0%
$113,124
+10%
$147,815
+20%
$182,506
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-866011
Gravel · Full utilities
15.6Mar 10, 2026$693,50044,54431,3063.6 mi
83
RI-385651
Dirt · Power at road
12.0Sep 24, 2024$393,40032,80833,7814.6 mi
73
RI-324329
Landlocked · Power at road
4.6May 26, 2025$79,30017,24520,5584.2 mi
69
RI-734210
Landlocked · Full utilities
4.2Sep 2, 2025$101,00023,93323,0513.3 mi
68
RI-494429
Gravel · Power at road
5.0Mar 28, 2025$153,80031,07725,4384.1 mi
66
RI-584123
Dirt · Full utilities
4.0Jun 1, 2025$181,20045,76735,1282.8 mi
64
RI-664148
Gravel · Full utilities
4.0Jun 24, 2025$131,30032,50921,4213.7 mi
63
RI-127390
Gravel · Power at road
42.3Apr 18, 2025$1,373,80032,50133,4892.1 mi
62
RI-984694
Paved · Power at road
6.0Jun 9, 2024$200,60033,42824,1523.1 mi
62
RI-667526
Dirt · Power at road
46.6Jul 1, 2024$1,133,30024,29330,6013.6 mi
57
Show adjustment detail for the top comp
  • Tract size (15.57 ac → 13.49 ac)+1.5%
  • Access (Gravel → Landlocked)-32.0%
  • Market time (5 mo)+1.8%

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.