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Pitt County, NC · Sold

NC-264140

8292 County Road 231

$113,000
$12,514/ac · 9.03 ac
Acreage9.03 ac
Price per acre$12,514/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedMay 8, 2026
Coordinates35.5059, -77.4015
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

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

View Pitt market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
22
Low risk
Wetlands16.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

417 ft of deeded road frontage.

Power219 ft away

Power at or near the road.

Buildable area7.15 of 9.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$111,681
$87,404$135,958 · $12,368/ac on 9.03 ac
Asking vs estimate
+1.2%
In line with 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 $113,000
Maximum allowable offer
$63,818
$7,067/ac · +30.0% target margin

You need $49,182 off asking to hit this margin.

All-in cost$69,243
Net resale$102,746
Projected profit$33,504
ROI+48.4%
Annualized+69.2%
Break-even resale$8,335/ac
Profit if resale lands off target
-20%
$12,955
-10%
$23,229
0%
$33,504
+10%
$43,778
+20%
$54,053
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-744276
Gravel · Full utilities
10.0May 28, 2025$105,10010,54010,79710.8 mi
76
NC-703881
Dirt · Off grid
7.5Jul 3, 2024$50,6006,75011,7139.2 mi
72
NC-123438
Gravel · Power at road
5.4Oct 2, 2025$43,3007,9729,45411.6 mi
68
NC-785569
Gravel · Power at road
25.4Apr 16, 2025$245,6009,65913,46612.0 mi
64
NC-682568
Dirt · Off grid
2.9Dec 13, 2024$31,10010,77417,6218.8 mi
56
Show adjustment detail for the top comp
  • Tract size (9.97 ac → 9.03 ac)+0.8%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (15 mo)+5.1%

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.