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Kent County, RI · Sold

RI-734210

1562 County Road 56

$106,200
$25,166/ac · 4.22 ac
Acreage4.22 ac
Price per acre$25,166/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesFull utilities
TopographyMixed
ListedJan 29, 2025
Coordinates41.6879, -71.5363
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
44
Moderate risk
Wetlands19.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area3.24 of 4.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$122,021
$97,415$146,628 · $28,915/ac on 4.22 ac
Asking vs estimate
-13.0%
Priced below 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 $106,200
Maximum allowable offer
$69,726
$16,523/ac · +30.0% target margin

You need $36,474 off asking to hit this margin.

All-in cost$75,653
Net resale$112,260
Projected profit$36,607
ROI+48.4%
Annualized+69.3%
Break-even resale$19,486/ac
Profit if resale lands off target
-20%
$14,155
-10%
$25,381
0%
$36,607
+10%
$47,833
+20%
$59,059
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-664148
Gravel · Full utilities
4.0Jun 24, 2025$131,30032,50923,1281.7 mi
82
RI-584123
Dirt · Full utilities
4.0Jun 1, 2025$181,20045,76737,9296.1 mi
77
RI-324329
Landlocked · Power at road
4.6May 26, 2025$79,30017,24522,1977.4 mi
77
RI-882916
Gravel · Full utilities
1.6Jul 27, 2026$75,40045,66930,3554.1 mi
74
RI-494429
Gravel · Power at road
5.0Mar 28, 2025$153,80031,07727,4667.0 mi
73
RI-984694
Paved · Power at road
6.0Jun 9, 2024$200,60033,42826,0785.0 mi
71
RI-162622
Paved · Power at road
1.3May 31, 2026$67,60050,46934,8005.7 mi
68
RI-672911
Gravel · Full utilities
1.6Jun 25, 2025$75,10045,54131,6514.0 mi
66
RI-955813
Landlocked · Full utilities
13.5Sep 18, 2024$236,50017,53320,4483.3 mi
63
RI-385651
Dirt · Power at road
12.0Sep 24, 2024$393,40032,80836,4753.7 mi
60
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%
  • 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.