Newport County, RI · Sold

RI-577533

3997 County Road 30

$1,277,600

$27,253/ac · 46.88 ac

Offer report Market this tract

Acreage46.88 ac

Price per acre$27,253/ac

ZoningRecreational

Road accessPaved

UtilitiesOff grid

TopographyRolling

ListedNov 19, 2023

Coordinates41.4454, -71.3273

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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

Low risk

Wetlands4.6% of tract

Little to no mapped wetland coverage.

Average slope4.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

527 ft of deeded road frontage.

Power11,940 ft away

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

Buildable area42.49 of 46.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,578,411

$1,235,306 – $1,921,516 · $33,669/ac on 46.88 ac

Asking vs estimate

-19.1%

Priced below the comp set

Weighted from 8 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 $1,277,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$901,949

$19,240/ac · +30.0% target margin

You need $375,651 off asking to hit this margin.

All-in cost$978,615

Net resale$1,452,138

Projected profit$473,524

ROI+48.4%

Annualized+69.2%

Break-even resale$22,690/ac

Profit if resale lands off target

-20%

$183,096

-10%

$328,310

$473,524

+10%

$618,737

+20%

$763,951

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
RI-467614 Dirt · Full utilities	49.7	Jul 27, 2026	$1,304,500	26,237	25,431	5.8 mi	84
RI-268002 Dirt · Off grid	65.8	May 15, 2025	$1,618,300	24,576	38,091	1.3 mi	75
RI-805285 Paved · Full utilities	9.2	Jul 27, 2026	$678,200	73,722	41,496	1.6 mi	71
RI-509551 Landlocked · Power at road	202.3	Jul 27, 2026	$2,239,800	11,075	23,320	7.9 mi	70
RI-618895 Landlocked · Power at road	125.8	Oct 20, 2024	$2,806,700	22,320	44,422	0.7 mi	63
RI-825259 Landlocked · Power at road	9.0	Oct 23, 2025	$204,600	22,662	27,826	1.0 mi	63
RI-259420 Gravel · Power at road	183.9	Apr 1, 2025	$4,572,500	24,859	36,591	1.7 mi	60
RI-325258 Paved · Full utilities	9.0	Feb 15, 2024	$501,400	55,584	34,446	5.9 mi	54

Show adjustment detail for the top comp

Tract size (49.72 ac → 46.88 ac)+1.2%
Access (Dirt → Paved)+37.2%
Utilities (Full utilities → Off grid)-30.3%

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.

Build the listing kit Post a deal or JV