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Pitt County, NC · Sold

NC-703881

2566 County Road 255

$60,400
$8,064/ac · 7.49 ac
Acreage7.49 ac
Price per acre$8,064/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedJan 14, 2024
Coordinates35.5783, -77.2635
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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

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

4 items to verify before you offer.

Risk index
22
Low risk
Wetlands14.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

424 ft of deeded road frontage.

Power11,226 ft away

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

Buildable area6.10 of 7.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$59,664
$46,785$72,543 · $7,966/ac on 7.49 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 $60,400
Maximum allowable offer
$34,094
$4,552/ac · +30.0% target margin

You need $26,306 off asking to hit this margin.

All-in cost$36,992
Net resale$54,891
Projected profit$17,899
ROI+48.4%
Annualized+69.2%
Break-even resale$5,368/ac
Profit if resale lands off target
-20%
$6,921
-10%
$12,410
0%
$17,899
+10%
$23,388
+20%
$28,877
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-264140
Paved · Power at road
9.0Jul 27, 2026$113,50012,5647,9029.2 mi
84
NC-744276
Gravel · Full utilities
10.0May 28, 2025$105,10010,5406,77611.4 mi
73
NC-123438
Gravel · Power at road
5.4Oct 2, 2025$43,3007,9725,9329.6 mi
70
NC-682568
Dirt · Off grid
2.9Dec 13, 2024$31,10010,77411,0583.8 mi
67
NC-785569
Gravel · Power at road
25.4Apr 16, 2025$245,6009,6598,45012.3 mi
60
Show adjustment detail for the top comp
  • Tract size (9.03 ac → 7.49 ac)+1.3%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Off grid)-15.0%

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.