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Providence County, RI · Sold

RI-697427

8280 County Road 372

$1,129,400
$26,011/ac · 43.42 ac
Acreage43.42 ac
Price per acre$26,011/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedMar 3, 2025
Coordinates41.9219, -71.6121
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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
44
Moderate risk
Wetlands46.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

1,692 ft of deeded road frontage.

Power15 ft away

Power at or near the road.

Buildable area22.03 of 43.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$920,664
$688,167$1,153,160 · $21,204/ac on 43.42 ac
Asking vs estimate
+22.7%
Priced above the comp set

Weighted from 6 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 $1,129,400
Maximum allowable offer
$526,093
$12,116/ac · +30.0% target margin

You need $603,307 off asking to hit this margin.

All-in cost$570,811
Net resale$847,010
Projected profit$276,200
ROI+48.4%
Annualized+69.3%
Break-even resale$14,289/ac
Profit if resale lands off target
-20%
$106,797
-10%
$191,499
0%
$276,200
+10%
$360,901
+20%
$445,602
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-476836
Paved · Full utilities
28.3Jul 27, 2026$944,40033,37125,4638.8 mi
83
RI-266620
Gravel · Power at road
24.2Jul 27, 2026$422,40017,45318,7299.1 mi
75
RI-387966
Paved · Off grid
64.2May 17, 2025$914,30014,25019,1057.7 mi
71
RI-438457
Paved · Power at road
91.6Jun 4, 2025$2,294,60025,06230,9329.6 mi
68
RI-398668
Paved · Off grid
106.7Oct 17, 2025$1,127,50010,56915,6979.1 mi
66
RI-178726
Gravel · Off grid
111.3Oct 17, 2023$945,0008,49416,2682.2 mi
64
Show adjustment detail for the top comp
  • Tract size (28.3 ac → 43.42 ac)-7.1%
  • Utilities (Full utilities → Power at road)-18.0%

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.