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Kent County, RI · Sold

RI-960224

4487 County Road 337

$9,700
$32,333/ac · 0.30 ac
Acreage0.30 ac
Price per acre$32,333/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedMay 30, 2024
Coordinates41.6031, -71.6545
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

3 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands0.0% of tract

Little to no mapped wetland coverage.

Average slope27.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

80 ft of deeded road frontage.

Power9,532 ft away

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

Buildable area0.18 of 0.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,727
$9,518$13,936 · $39,090/ac on 0.30 ac
Asking vs estimate
-17.3%
Priced below 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 $9,700
Maximum allowable offer
$6,701
$22,337/ac · +30.0% target margin

You need $2,999 off asking to hit this margin.

All-in cost$7,271
Net resale$10,789
Projected profit$3,518
ROI+48.4%
Annualized+69.3%
Break-even resale$26,343/ac
Profit if resale lands off target
-20%
$1,361
-10%
$2,439
0%
$3,518
+10%
$4,597
+20%
$5,676
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-120797
Gravel · Full utilities
0.4Feb 16, 2025$10,30028,63225,0337.3 mi
72
RI-162622
Paved · Power at road
1.3May 31, 2026$67,60050,46943,7463.4 mi
69
RI-882916
Gravel · Full utilities
1.6Jul 27, 2026$75,40045,66938,1585.1 mi
65
RI-812120
Dirt · Off grid
0.9Mar 25, 2024$27,90030,05045,6764.5 mi
59
RI-872527
Gravel · Off grid
1.3Jan 16, 2024$42,60034,06344,9977.6 mi
54
RI-672911
Gravel · Full utilities
1.6Jun 25, 2025$75,10045,54139,78712.4 mi
53
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (18 mo)+6.3%

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.