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Providence County, RI · Sold

RI-320205

1537 County Road 309

$9,600
$32,000/ac · 0.30 ac
Acreage0.30 ac
Price per acre$32,000/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedDec 28, 2025
Coordinates41.8368, -71.6799
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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

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

View Providence market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
14
Low risk
Wetlands14.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

121 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area0.24 of 0.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,380
$6,714$10,047 · $27,935/ac on 0.30 ac
Asking vs estimate
+14.6%
Priced above 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 $9,600
Maximum allowable offer
$4,789
$15,963/ac · +30.0% target margin

You need $4,811 off asking to hit this margin.

All-in cost$5,196
Net resale$7,710
Projected profit$2,514
ROI+48.4%
Annualized+69.2%
Break-even resale$18,826/ac
Profit if resale lands off target
-20%
$972
-10%
$1,743
0%
$2,514
+10%
$3,285
+20%
$4,056
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-230458
Gravel · Off grid
0.3Jul 27, 2026$4,70015,58822,4235.9 mi
93
RI-520404
Paved · Power at road
0.3Jul 27, 2026$8,90029,61330,6849.3 mi
83
RI-990513
Dirt · Off grid
0.3Dec 30, 2024$4,90016,46729,3597.1 mi
74
RI-431599
Landlocked · Power at road
0.6Jul 27, 2026$7,90012,29122,1784.6 mi
74
RI-811886
Gravel · Power at road
0.8May 13, 2025$22,80029,18437,67510.6 mi
62
Show adjustment detail for the top comp
  • Utilities (Off grid → Full utilities)+43.5%

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.