Providence County, RI · Sold

RI-705131

2653 County Road 11

$189,900

$23,074/ac · 8.23 ac

Offer report Market this tract

Acreage8.23 ac

Price per acre$23,074/ac

ZoningResidential

Road accessGravel

UtilitiesOff grid

TopographyFlat

ListedMay 14, 2025

Coordinates41.9419, -71.6712

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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

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands34.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.7%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

329 ft of deeded road frontage.

Power10,218 ft away

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

Buildable area5.12 of 8.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$153,276

$121,444 – $185,108 · $18,624/ac on 8.23 ac

Asking vs estimate

+23.9%

Priced above 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 $189,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$87,586

$10,642/ac · +30.0% target margin

You need $102,314 off asking to hit this margin.

All-in cost$95,031

Net resale$141,014

Projected profit$45,983

ROI+48.4%

Annualized+69.3%

Break-even resale$12,551/ac

Profit if resale lands off target

-20%

$17,780

-10%

$31,882

$45,983

+10%

$60,085

+20%

$74,186

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
RI-134939 Landlocked · Off grid	7.2	Jul 27, 2026	$63,100	8,812	12,870	10.6 mi	82
RI-214372 Gravel · Power at road	4.8	Jun 3, 2026	$111,900	23,549	19,578	4.2 mi	78
RI-865450 Gravel · Power at road	10.4	Jun 28, 2025	$219,700	21,188	19,198	11.2 mi	77
RI-525489 Gravel · Power at road	10.7	Nov 14, 2024	$284,700	26,712	24,861	3.1 mi	75
RI-266620 Gravel · Power at road	24.2	Jul 27, 2026	$422,400	17,453	16,625	10.2 mi	74
RI-154508 Dirt · Off grid	5.2	Aug 4, 2025	$68,100	12,989	15,352	11.7 mi	68
RI-476836 Paved · Full utilities	28.3	Jul 27, 2026	$944,400	33,371	22,602	11.0 mi	65

Show adjustment detail for the top comp

Tract size (7.16 ac → 8.23 ac)-0.9%
Access (Landlocked → Gravel)+47.1%

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.

Build the listing kit Post a deal or JV