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Providence County, RI · Sold

RI-463250

8315 County Road 358

$20,400
$9,668/ac · 2.11 ac
Acreage2.11 ac
Price per acre$9,668/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedJul 10, 2024
Coordinates41.8727, -71.5951
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

Providence County, Rhode Island. Almost no raw land market; subdivided lots only.

View Providence market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
67
High risk
Wetlands32.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power12,920 ft away

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

Buildable area1.35 of 2.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$28,732
$21,005$36,460 · $13,617/ac on 2.11 ac
Asking vs estimate
-29.0%
Priced below 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 $20,400
Maximum allowable offer
$16,418
$7,781/ac · +30.0% target margin

You need $3,982 off asking to hit this margin.

All-in cost$17,814
Net resale$26,434
Projected profit$8,620
ROI+48.4%
Annualized+69.3%
Break-even resale$9,177/ac
Profit if resale lands off target
-20%
$3,333
-10%
$5,977
0%
$8,620
+10%
$11,263
+20%
$13,907
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-431599
Landlocked · Power at road
0.6Jul 27, 2026$7,90012,29110,3143.0 mi
78
RI-923051
Gravel · Full utilities
1.8Mar 15, 2025$51,10028,09614,0652.1 mi
75
RI-722692
Gravel · Full utilities
1.4Nov 8, 2025$52,60037,33618,1312.9 mi
74
RI-134939
Landlocked · Off grid
7.2Jul 27, 2026$63,1008,8129,2544.5 mi
74
RI-214372
Gravel · Power at road
4.8Jun 3, 2026$111,90023,54914,0772.5 mi
73
RI-412816
Dirt · Power at road
1.5Jul 7, 2025$34,60022,49615,7324.7 mi
72
RI-382784
Paved · Power at road
1.5Oct 14, 2024$23,00015,3088,0283.7 mi
69
RI-154508
Dirt · Off grid
5.2Aug 4, 2025$68,10012,98911,0395.9 mi
66
RI-782397
Dirt · Off grid
1.1Jul 27, 2024$25,40022,28918,9576.5 mi
64
RI-811886
Gravel · Power at road
0.8May 13, 2025$22,80029,18417,5217.5 mi
60
Show adjustment detail for the top comp
  • Tract size (0.64 ac → 2.11 ac)-1.5%
  • 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.