← New search
Kent County, RI · Sold

RI-385651

1978 County Road 46

$404,700
$33,753/ac · 11.99 ac
Acreage11.99 ac
Price per acre$33,753/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedAug 28, 2023
Coordinates41.6395, -71.5072
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
50
Moderate risk
Wetlands41.9% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.1%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11 ft away

Power at or near the road.

Buildable area6.62 of 11.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$315,886
$249,640$382,132 · $26,346/ac on 11.99 ac
Asking vs estimate
+28.1%
Priced above 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 $404,700
Maximum allowable offer
$180,506
$15,055/ac · +30.0% target margin

You need $224,194 off asking to hit this margin.

All-in cost$195,849
Net resale$290,615
Projected profit$94,766
ROI+48.4%
Annualized+69.3%
Break-even resale$17,755/ac
Profit if resale lands off target
-20%
$36,643
-10%
$65,705
0%
$94,766
+10%
$123,828
+20%
$152,889
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-866011
Gravel · Full utilities
15.6Mar 10, 2026$693,50044,54432,8205.3 mi
82
RI-955813
Landlocked · Full utilities
13.5Sep 18, 2024$236,50017,53319,8544.6 mi
73
RI-734210
Landlocked · Full utilities
4.2Sep 2, 2025$101,00023,93324,1663.7 mi
64
RI-584123
Dirt · Full utilities
4.0Jun 1, 2025$181,20045,76736,8276.8 mi
63
RI-324329
Landlocked · Power at road
4.6May 26, 2025$79,30017,24521,5537.6 mi
63
RI-984694
Paved · Power at road
6.0Jun 9, 2024$200,60033,42825,3217.5 mi
62
RI-494429
Gravel · Power at road
5.0Mar 28, 2025$153,80031,07726,6688.6 mi
62
RI-664148
Gravel · Full utilities
4.0Jun 24, 2025$131,30032,50922,4575.3 mi
61
Show adjustment detail for the top comp
  • Tract size (15.57 ac → 11.99 ac)+2.7%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Power at road)-18.0%
  • 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.