Kent County, RI · Sold

RI-584123

678 County Road 29

$179,800

$45,404/ac · 3.96 ac

Offer report Market this tract

Acreage3.96 ac

Price per acre$45,404/ac

ZoningMixed Use

Road accessDirt

UtilitiesFull utilities

TopographyFlat

ListedJul 17, 2024

Coordinates41.6445, -71.6385

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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

Moderate risk

Wetlands32.9% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

415 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area2.52 of 3.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$138,295

$113,552 – $163,037 · $34,923/ac on 3.96 ac

Asking vs estimate

+30.0%

Priced above 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 $179,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$79,026

$19,956/ac · +30.0% target margin

You need $100,774 off asking to hit this margin.

All-in cost$85,743

Net resale$127,231

Projected profit$41,488

ROI+48.4%

Annualized+69.2%

Break-even resale$23,535/ac

Profit if resale lands off target

-20%

$16,042

-10%

$28,765

$41,488

+10%

$54,211

+20%

$66,934

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
RI-664148 Gravel · Full utilities	4.0	Jun 24, 2025	$131,300	32,509	29,322	6.2 mi	83
RI-734210 Landlocked · Full utilities	4.2	Sep 2, 2025	$101,000	23,933	31,555	6.1 mi	79
RI-324329 Landlocked · Power at road	4.6	May 26, 2025	$79,300	17,245	28,142	1.5 mi	77
RI-162622 Paved · Power at road	1.3	May 31, 2026	$67,600	50,469	44,120	0.4 mi	76
RI-882916 Gravel · Full utilities	1.6	Jul 27, 2026	$75,400	45,669	38,485	3.9 mi	76
RI-494429 Gravel · Power at road	5.0	Mar 28, 2025	$153,800	31,077	34,822	2.3 mi	74
RI-984694 Paved · Power at road	6.0	Jun 9, 2024	$200,600	33,428	33,062	3.4 mi	67
RI-672911 Gravel · Full utilities	1.6	Jun 25, 2025	$75,100	45,541	40,128	9.8 mi	63
RI-955813 Landlocked · Full utilities	13.5	Sep 18, 2024	$236,500	17,533	25,924	2.8 mi	61
RI-872527 Gravel · Off grid	1.3	Jan 16, 2024	$42,600	34,063	45,383	4.7 mi	61

Show adjustment detail for the top comp

Access (Gravel → Dirt)-14.0%
Market time (14 mo)+4.8%

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.

Build the listing kit Post a deal or JV