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Kent County, RI · Sold

RI-249097

9778 County Road 109

$1,734,400
$11,915/ac · 146 ac
Acreage146 ac
Price per acre$11,915/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedMay 7, 2025
Coordinates41.6761, -71.5964
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
35
Moderate risk
Wetlands3.8% of tract

Little to no mapped wetland coverage.

Average slope31.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,380 ft of deeded road frontage.

Power8,608 ft away

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

Buildable area84.02 of 145.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,391,572
$1,885,516$2,897,629 · $16,429/ac on 146 ac
Asking vs estimate
-27.5%
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 $1,734,400
Maximum allowable offer
$1,366,613
$9,388/ac · +30.0% target margin

You need $367,787 off asking to hit this margin.

All-in cost$1,482,775
Net resale$2,200,247
Projected profit$717,471
ROI+48.4%
Annualized+69.2%
Break-even resale$11,072/ac
Profit if resale lands off target
-20%
$277,422
-10%
$497,447
0%
$717,471
+10%
$937,496
+20%
$1,157,521
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-158047
Gravel · Off grid
68.0Jul 27, 2026$1,453,30021,36315,2803.7 mi
81
RI-779599
Dirt · Off grid
209.4Feb 17, 2025$2,633,70012,57714,7595.6 mi
74
RI-558657
Dirt · Full utilities
105.8Oct 24, 2024$3,372,50031,86422,0053.3 mi
73
RI-208829
Gravel · Power at road
119.9Jul 18, 2024$1,745,90014,56311,0042.7 mi
72
RI-667526
Dirt · Power at road
46.6Jul 1, 2024$1,133,30024,29317,2523.5 mi
61
RI-127390
Gravel · Power at road
42.3Apr 18, 2025$1,373,80032,50118,8802.8 mi
61
Show adjustment detail for the top comp
  • Tract size (68.03 ac → 145.57 ac)-17.0%
  • Access (Gravel → Dirt)-14.0%

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.