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Pender County, NC · Sold

NC-125404

7852 County Road 197

$146,900
$6,512/ac · 22.56 ac
Acreage22.56 ac
Price per acre$6,512/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedApr 3, 2024
Coordinates34.5178, -77.9683
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

Pender County, North Carolina. Piedmont builder demand plus mountain view lots in the west.

View Pender market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
12
Low risk
Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power2,658 ft away

Service extension needed; get a utility quote.

Buildable area21.09 of 22.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$136,545
$115,200$157,890 · $6,053/ac on 22.56 ac
Asking vs estimate
+7.6%
Priced above the comp set

Weighted from 9 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 $146,900
Maximum allowable offer
$78,026
$3,459/ac · +30.0% target margin

You need $68,874 off asking to hit this margin.

All-in cost$84,658
Net resale$125,621
Projected profit$40,963
ROI+48.4%
Annualized+69.2%
Break-even resale$4,079/ac
Profit if resale lands off target
-20%
$15,839
-10%
$28,401
0%
$40,963
+10%
$53,525
+20%
$66,087
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-325246
Landlocked · Off grid
20.1Apr 22, 2026$51,6002,5634,4395.5 mi
83
NC-475168
Dirt · Off grid
19.0Nov 29, 2025$84,2004,4256,1143.5 mi
80
NC-806154
Paved · Full utilities
38.9Jul 27, 2026$320,9008,2616,2896.8 mi
78
NC-563569
Dirt · Power at road
6.0Jun 6, 2026$34,4005,7545,9923.7 mi
72
NC-287348
Landlocked · Full utilities
92.3Jul 27, 2026$336,0003,6435,78310.2 mi
64
NC-237587
Landlocked · Off grid
109.7Apr 16, 2026$288,7002,6326,3327.5 mi
64
NC-643193
Dirt · Full utilities
4.5Feb 2, 2026$44,1009,6878,2794.0 mi
62
NC-973240
Dirt · Off grid
4.7Aug 20, 2024$20,2004,2975,5942.3 mi
58
NC-186812
Landlocked · Power at road
62.6Mar 8, 2024$196,2003,1366,1138.2 mi
56
Show adjustment detail for the top comp
  • Tract size (20.12 ac → 22.56 ac)-1.5%
  • Access (Landlocked → Paved)+73.5%
  • Market time (4 mo)+1.3%

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.