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Pender County, NC · Sold

NC-802602

1394 County Road 351

$19,900
$6,723/ac · 2.96 ac
Acreage2.96 ac
Price per acre$6,723/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedOct 6, 2025
Coordinates34.5868, -77.8291
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

4 items to verify before you offer.

Risk index
40
Moderate risk
Wetlands15.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power211 ft away

Power at or near the road.

Buildable area2.37 of 2.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,406
$10,691$18,120 · $4,867/ac on 2.96 ac
Asking vs estimate
+38.1%
Priced above 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 $19,900
Maximum allowable offer
$8,232
$2,781/ac · +30.0% target margin

You need $11,668 off asking to hit this margin.

All-in cost$8,932
Net resale$13,253
Projected profit$4,322
ROI+48.4%
Annualized+69.2%
Break-even resale$3,280/ac
Profit if resale lands off target
-20%
$1,671
-10%
$2,996
0%
$4,322
+10%
$5,647
+20%
$6,972
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-382636
Landlocked · Power at road
3.0Apr 13, 2025$10,7003,5163,7175.1 mi
81
NC-572847
Dirt · Full utilities
3.5Jan 9, 2025$23,5006,6384,6165.9 mi
76
NC-563569
Dirt · Power at road
6.0Jun 6, 2026$34,4005,7544,7176.3 mi
74
NC-643193
Dirt · Full utilities
4.5Feb 2, 2026$44,1009,6876,5168.1 mi
72
NC-731682
Dirt · Power at road
1.5Jun 14, 2024$13,0008,5787,2962.8 mi
71
NC-111318
Dirt · Off grid
1.2Jul 27, 2026$4,4003,7653,44811.7 mi
68
NC-973240
Dirt · Off grid
4.7Aug 20, 2024$20,2004,2974,4039.6 mi
68
NC-121530
Gravel · Off grid
1.4Feb 15, 2025$6,9005,0774,2494.4 mi
64
Show adjustment detail for the top comp
  • Market time (16 mo)+5.6%

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.