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Newport County, RI · Sold

RI-571107

7350 County Road 173

$21,000
$46,667/ac · 0.45 ac
Acreage0.45 ac
Price per acre$46,667/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedApr 29, 2024
Coordinates41.5225, -71.3470
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

4 items to verify before you offer.

Risk index
36
Moderate risk
Wetlands27.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.5%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

93 ft of deeded road frontage.

Power9,924 ft away

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

Buildable area0.31 of 0.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$17,620
$14,765$20,475 · $39,156/ac on 0.45 ac
Asking vs estimate
+19.2%
Priced above the comp set

Weighted from 5 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 $21,000
Maximum allowable offer
$10,069
$22,375/ac · +30.0% target margin

You need $10,931 off asking to hit this margin.

All-in cost$10,925
Net resale$16,211
Projected profit$5,286
ROI+48.4%
Annualized+69.2%
Break-even resale$26,389/ac
Profit if resale lands off target
-20%
$2,044
-10%
$3,665
0%
$5,286
+10%
$6,907
+20%
$8,528
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-371146
Dirt · Off grid
0.5Jul 27, 2026$16,80036,51642,5591.6 mi
90
RI-861008
Dirt · Power at road
0.4Sep 11, 2025$15,80037,66838,6674.4 mi
78
RI-362407
Gravel · Power at road
1.1Jun 19, 2026$49,40043,33137,3407.3 mi
73
RI-150199
Dirt · Full utilities
0.3Sep 25, 2024$9,70032,34228,2365.1 mi
67
RI-421939
Paved · Full utilities
0.8Nov 5, 2024$61,80076,32748,6127.9 mi
63
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%

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.