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Newport County, RI · Sold

RI-924823

3919 County Road 248

$209,700
$31,869/ac · 6.58 ac
Acreage6.58 ac
Price per acre$31,869/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedFeb 7, 2026
Coordinates41.4789, -71.3655
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

Newport County, Rhode Island. Almost no raw land market; subdivided lots only.

View Newport market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
29
Low risk
Wetlands2.8% of tract

Little to no mapped wetland coverage.

Average slope6.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power205 ft away

Power at or near the road.

Buildable area6.08 of 6.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$202,293
$163,184$241,403 · $30,744/ac on 6.58 ac
Asking vs estimate
+3.7%
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 $209,700
Maximum allowable offer
$115,596
$17,568/ac · +30.0% target margin

You need $94,104 off asking to hit this margin.

All-in cost$125,422
Net resale$186,110
Projected profit$60,688
ROI+48.4%
Annualized+69.3%
Break-even resale$20,719/ac
Profit if resale lands off target
-20%
$23,466
-10%
$42,077
0%
$60,688
+10%
$79,299
+20%
$97,910
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-644907
Gravel · Off grid
7.0Jul 27, 2026$342,80048,96939,4056.5 mi
84
RI-805285
Paved · Full utilities
9.2Jul 27, 2026$678,20073,72235,6804.3 mi
80
RI-825259
Landlocked · Power at road
9.0Oct 23, 2025$204,60022,66223,9262.7 mi
80
RI-734904
Gravel · Power at road
7.0Sep 19, 2024$295,40042,31631,1866.9 mi
74
RI-383281
Landlocked · Power at road
2.1Feb 17, 2026$50,70023,59023,1025.4 mi
70
RI-325258
Paved · Full utilities
9.0Feb 15, 2024$501,40055,58429,6187.8 mi
70
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%
  • 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.