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Kent County, RI · Sold

RI-127390

222 County Road 70

$1,566,500
$37,059/ac · 42.27 ac
Acreage42.27 ac
Price per acre$37,059/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedDec 22, 2024
Coordinates41.6367, -71.6109
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
18
Low risk
Wetlands12.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

582 ft of deeded road frontage.

Power160 ft away

Power at or near the road.

Buildable area35.26 of 42.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,172,253
$885,255$1,459,251 · $27,733/ac on 42.27 ac
Asking vs estimate
+33.6%
Priced above the comp set

Weighted from 7 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 $1,566,500
Maximum allowable offer
$669,859
$15,847/ac · +30.0% target margin

You need $896,641 off asking to hit this margin.

All-in cost$726,797
Net resale$1,078,473
Projected profit$351,676
ROI+48.4%
Annualized+69.2%
Break-even resale$18,689/ac
Profit if resale lands off target
-20%
$135,981
-10%
$243,828
0%
$351,676
+10%
$459,523
+20%
$567,370
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-158047
Gravel · Off grid
68.0Jul 27, 2026$1,453,30021,36327,7696.4 mi
80
RI-667526
Dirt · Power at road
46.6Jul 1, 2024$1,133,30024,29331,3533.0 mi
79
RI-866011
Gravel · Full utilities
15.6Mar 10, 2026$693,50044,54432,0765.7 mi
70
RI-249097
Dirt · Off grid
145.6Mar 28, 2026$1,725,70011,85521,8922.8 mi
67
RI-558657
Dirt · Full utilities
105.8Oct 24, 2024$3,372,50031,86439,9915.5 mi
65
RI-208829
Gravel · Power at road
119.9Jul 18, 2024$1,745,90014,56319,9983.2 mi
64
RI-955813
Landlocked · Full utilities
13.5Sep 18, 2024$236,50017,53319,4042.1 mi
60
Show adjustment detail for the top comp
  • Tract size (68.03 ac → 42.27 ac)+10.2%
  • Utilities (Off grid → Power at road)+17.6%

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.