← New search
Pitt County, NC · Sold

NC-946776

1488 County Road 259

$362,500
$5,947/ac · 60.96 ac
Acreage60.96 ac
Price per acre$5,947/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedSep 6, 2023
Coordinates35.5644, -77.3751
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

2 items to verify before you offer.

Risk index
12
Low risk
Wetlands11.7% of tract

Little to no mapped wetland coverage.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,538 ft of deeded road frontage.

Power124 ft away

Power at or near the road.

Buildable area51.14 of 60.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$491,595
$386,900$596,289 · $8,064/ac on 60.96 ac
Asking vs estimate
-26.3%
Priced below 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 $362,500
Maximum allowable offer
$280,911
$4,608/ac · +30.0% target margin

You need $81,589 off asking to hit this margin.

All-in cost$304,788
Net resale$452,267
Projected profit$147,479
ROI+48.4%
Annualized+69.2%
Break-even resale$5,435/ac
Profit if resale lands off target
-20%
$57,025
-10%
$102,252
0%
$147,479
+10%
$192,705
+20%
$237,932
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-546735
Gravel · Off grid
59.2Aug 18, 2025$294,3004,9736,0562.3 mi
83
NC-686585
Dirt · Off grid
53.1Jan 1, 2026$184,6003,4774,7415.5 mi
82
NC-416238
Dirt · Power at road
41.3Jul 27, 2026$370,9008,9869,6865.8 mi
80
NC-416352
Paved · Power at road
44.8Sep 28, 2025$516,20011,5139,5052.3 mi
77
NC-907694
Dirt · Power at road
118.5Jan 20, 2026$686,5005,7918,0669.3 mi
70
NC-785569
Gravel · Power at road
25.4Apr 16, 2025$245,6009,6598,7058.7 mi
70
NC-987844
Dirt · Full utilities
132.1Apr 3, 2025$865,1006,5477,9396.3 mi
68
NC-387370
Gravel · Full utilities
93.7Mar 20, 2024$952,80010,16510,1247.8 mi
66
NC-618181
Landlocked · Off grid
168.7Jun 5, 2024$590,7003,5028,4974.3 mi
59
Show adjustment detail for the top comp
  • Tract size (59.17 ac → 60.96 ac)-0.6%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (12 mo)+4.2%

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.