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Pender County, NC · Sold

NC-186812

5774 County Road 15

$183,900
$2,939/ac · 62.57 ac
Acreage62.57 ac
Price per acre$2,939/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedNov 28, 2023
Coordinates34.5365, -77.8269
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

3 items to verify before you offer.

Risk index
36
Moderate risk
Wetlands11.7% of tract

Little to no mapped wetland coverage.

Average slope3.3%

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.

Power242 ft away

Power at or near the road.

Buildable area52.49 of 62.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$213,091
$184,527$241,655 · $3,406/ac on 62.57 ac
Asking vs estimate
-13.7%
Priced below the comp set

Weighted from 7 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 $183,900
Maximum allowable offer
$121,766
$1,946/ac · +30.0% target margin

You need $62,134 off asking to hit this margin.

All-in cost$132,116
Net resale$196,044
Projected profit$63,928
ROI+48.4%
Annualized+69.3%
Break-even resale$2,295/ac
Profit if resale lands off target
-20%
$24,719
-10%
$44,323
0%
$63,928
+10%
$83,532
+20%
$103,136
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-287348
Landlocked · Full utilities
92.3Jul 27, 2026$336,0003,6433,2712.8 mi
83
NC-237587
Landlocked · Off grid
109.7Apr 16, 2026$288,7002,6323,5825.4 mi
81
NC-806154
Paved · Full utilities
38.9Jul 27, 2026$320,9008,2613,55710.2 mi
75
NC-325246
Landlocked · Off grid
20.1Apr 22, 2026$51,6002,5632,51110.2 mi
71
NC-537869
Landlocked · Off grid
134.6May 26, 2024$365,1002,7134,1954.6 mi
65
NC-475168
Dirt · Off grid
19.0Nov 29, 2025$84,2004,4253,4594.8 mi
64
NC-125404
Paved · Off grid
22.6Mar 5, 2025$124,9005,5353,3218.2 mi
59
Show adjustment detail for the top comp
  • Tract size (92.25 ac → 62.57 ac)+9.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.