← New search
Kent County, RI · Sold

RI-120797

7586 County Road 255

$12,300
$34,167/ac · 0.36 ac
Acreage0.36 ac
Price per acre$34,167/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedFeb 2, 2024
Coordinates41.6730, -71.5482
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

2 items to verify before you offer.

Risk index
24
Low risk
Wetlands3.8% of tract

Little to no mapped wetland coverage.

Average slope24.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

65 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area0.21 of 0.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$17,981
$16,380$19,582 · $49,947/ac on 0.36 ac
Asking vs estimate
-31.6%
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 $12,300
Maximum allowable offer
$10,275
$28,541/ac · +30.0% target margin

You need $2,025 off asking to hit this margin.

All-in cost$11,148
Net resale$16,543
Projected profit$5,394
ROI+48.4%
Annualized+69.2%
Break-even resale$33,661/ac
Profit if resale lands off target
-20%
$2,086
-10%
$3,740
0%
$5,394
+10%
$7,048
+20%
$8,703
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-882916
Gravel · Full utilities
1.6Jul 27, 2026$75,40045,66946,3843.0 mi
77
RI-960224
Paved · Off grid
0.3Feb 24, 2025$10,10033,82143,6557.3 mi
72
RI-162622
Paved · Power at road
1.3May 31, 2026$67,60050,46953,1764.7 mi
67
RI-672911
Gravel · Full utilities
1.6Jun 25, 2025$75,10045,54148,3645.2 mi
63
RI-812120
Dirt · Off grid
0.9Mar 25, 2024$27,90030,05055,5232.8 mi
60
RI-872527
Gravel · Off grid
1.3Jan 16, 2024$42,60034,06354,6975.3 mi
58
Show adjustment detail for the top comp
  • Tract size (1.65 ac → 0.36 ac)+1.3%

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.