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Pitt County, NC · Sold

NC-987844

2012 County Road 381

$1,005,900
$7,612/ac · 132 ac
Acreage132 ac
Price per acre$7,612/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedAug 29, 2024
Coordinates35.5526, -77.2639
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

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands6.9% of tract

Little to no mapped wetland coverage.

Average slope4.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,066 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area116.87 of 132.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$859,610
$678,836$1,040,384 · $6,505/ac on 132 ac
Asking vs estimate
+17.0%
Priced above the comp set

Weighted from 10 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 $1,005,900
Maximum allowable offer
$491,206
$3,717/ac · +30.0% target margin

You need $514,694 off asking to hit this margin.

All-in cost$532,959
Net resale$790,841
Projected profit$257,883
ROI+48.4%
Annualized+69.2%
Break-even resale$4,384/ac
Profit if resale lands off target
-20%
$99,714
-10%
$178,799
0%
$257,883
+10%
$336,967
+20%
$416,051
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-907694
Dirt · Power at road
118.5Jan 20, 2026$686,5005,7917,03414.2 mi
77
NC-416238
Dirt · Power at road
41.3Jul 27, 2026$370,9008,9868,4463.7 mi
73
NC-686585
Dirt · Off grid
53.1Jan 1, 2026$184,6003,4774,1357.2 mi
73
NC-658825
Dirt · Full utilities
268.9Oct 11, 2025$1,370,1005,0946,4166.1 mi
72
NC-888782
Dirt · Power at road
260.7Feb 25, 2025$964,9003,7015,7791.1 mi
70
NC-618181
Landlocked · Off grid
168.7Jun 5, 2024$590,7003,5027,4104.9 mi
69
NC-308687
Gravel · Off grid
243.4Aug 19, 2025$917,3003,7695,7287.7 mi
66
NC-946776
Gravel · Power at road
61.0Apr 23, 2024$381,0006,2505,9806.3 mi
65
NC-387370
Gravel · Full utilities
93.7Mar 20, 2024$952,80010,1658,82813.3 mi
64
NC-546735
Gravel · Off grid
59.2Aug 18, 2025$294,3004,9735,2818.6 mi
63
Show adjustment detail for the top comp
  • Tract size (118.53 ac → 132.14 ac)-2.8%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (7 mo)+2.4%

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.