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Providence County, RI · Sold

RI-387966

1276 County Road 289

$865,800
$13,494/ac · 64.16 ac
Acreage64.16 ac
Price per acre$13,494/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedOct 4, 2024
Coordinates41.8104, -71.6258
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

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands5.7% of tract

Little to no mapped wetland coverage.

Average slope6.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,837 ft of deeded road frontage.

Power7,040 ft away

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

Buildable area57.48 of 64.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,097,772
$834,368$1,361,176 · $17,110/ac on 64.16 ac
Asking vs estimate
-21.1%
Priced below the comp set

Weighted from 7 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 $865,800
Maximum allowable offer
$627,298
$9,777/ac · +30.0% target margin

You need $238,502 off asking to hit this margin.

All-in cost$680,618
Net resale$1,009,950
Projected profit$329,332
ROI+48.4%
Annualized+69.2%
Break-even resale$11,531/ac
Profit if resale lands off target
-20%
$127,342
-10%
$228,337
0%
$329,332
+10%
$430,327
+20%
$531,322
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-476836
Paved · Full utilities
28.3Jul 27, 2026$944,40033,37119,9872.5 mi
77
RI-398668
Paved · Off grid
106.7Oct 17, 2025$1,127,50010,56912,3213.4 mi
76
RI-438457
Paved · Power at road
91.6Jun 4, 2025$2,294,60025,06224,2804.3 mi
74
RI-697427
Paved · Power at road
43.4Nov 2, 2025$1,042,40024,00819,4667.7 mi
74
RI-266620
Gravel · Power at road
24.2Jul 27, 2026$422,40017,45314,7022.0 mi
73
RI-178726
Gravel · Off grid
111.3Oct 17, 2023$945,0008,49412,7695.5 mi
64
RI-989355
Gravel · Full utilities
175.5Aug 5, 2025$2,447,60013,94815,3568.6 mi
61
Show adjustment detail for the top comp
  • Tract size (28.3 ac → 64.16 ac)-14.2%
  • Utilities (Full utilities → Off grid)-30.3%

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.