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Newport County, RI · Sold

RI-861008

4445 County Road 282

$15,900
$37,857/ac · 0.42 ac
Acreage0.42 ac
Price per acre$37,857/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedJul 13, 2024
Coordinates41.4604, -71.3640
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

No material red flags on the mapped layers.

Risk index
8
Low risk
Wetlands7.6% of tract

Little to no mapped wetland coverage.

Average slope5.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

60 ft of deeded road frontage.

Power173 ft away

Power at or near the road.

Buildable area0.37 of 0.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$17,096
$14,189$20,003 · $40,704/ac on 0.42 ac
Asking vs estimate
-7.0%
Priced below 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 $15,900
Maximum allowable offer
$9,769
$23,260/ac · +30.0% target margin

You need $6,131 off asking to hit this margin.

All-in cost$10,599
Net resale$15,728
Projected profit$5,129
ROI+48.4%
Annualized+69.2%
Break-even resale$27,431/ac
Profit if resale lands off target
-20%
$1,983
-10%
$3,556
0%
$5,129
+10%
$6,702
+20%
$8,274
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-371146
Dirt · Off grid
0.5Jul 27, 2026$16,80036,51643,0742.9 mi
88
RI-362407
Gravel · Power at road
1.1Jun 19, 2026$49,40043,33137,7929.7 mi
74
RI-571107
Gravel · Off grid
0.5Aug 11, 2024$18,60041,34745,3844.4 mi
73
RI-150199
Dirt · Full utilities
0.3Sep 25, 2024$9,70032,34228,5784.8 mi
71
RI-421939
Paved · Full utilities
0.8Nov 5, 2024$61,80076,32749,2009.4 mi
62
Show adjustment detail for the top comp
  • 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.