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Kent County, RI · Sold

RI-812120

5457 County Road 303

$25,900
$27,849/ac · 0.93 ac
Acreage0.93 ac
Price per acre$27,849/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedNov 29, 2023
Coordinates41.6445, -71.5877
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
20
Low risk
Wetlands11.6% of tract

Little to no mapped wetland coverage.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

182 ft of deeded road frontage.

Power13,564 ft away

A long utility run — price in solar/off-grid instead.

Buildable area0.78 of 0.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$25,784
$21,489$30,078 · $27,724/ac on 0.93 ac
Asking vs estimate
+0.5%
In line with 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 $25,900
Maximum allowable offer
$14,734
$15,843/ac · +30.0% target margin

You need $11,166 off asking to hit this margin.

All-in cost$15,986
Net resale$23,721
Projected profit$7,735
ROI+48.4%
Annualized+69.2%
Break-even resale$18,684/ac
Profit if resale lands off target
-20%
$2,990
-10%
$5,363
0%
$7,735
+10%
$10,107
+20%
$12,479
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-162622
Paved · Power at road
1.3May 31, 2026$67,60050,46931,6722.4 mi
80
RI-882916
Gravel · Full utilities
1.6Jul 27, 2026$75,40045,66927,6271.5 mi
79
RI-872527
Gravel · Off grid
1.3Jan 16, 2024$42,60034,06332,5795.3 mi
69
RI-672911
Gravel · Full utilities
1.6Jun 25, 2025$75,10045,54128,8068.0 mi
66
RI-120797
Gravel · Full utilities
0.4Feb 16, 2025$10,30028,63218,1242.8 mi
63
RI-960224
Paved · Off grid
0.3Feb 24, 2025$10,10033,82126,0024.5 mi
62
Show adjustment detail for the top comp
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (3 mo)+0.9%

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.