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Rockingham County, NC · Sold

NC-622551

9234 County Road 145

$31,600
$11,049/ac · 2.86 ac
Acreage2.86 ac
Price per acre$11,049/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedDec 9, 2024
Coordinates36.3268, -79.8462
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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

Rockingham County, North Carolina. Piedmont builder demand plus mountain view lots in the west.

View Rockingham market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
55
Moderate risk
Wetlands37.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power13,270 ft away

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

Buildable area1.70 of 2.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$32,612
$30,003$35,220 · $11,403/ac on 2.86 ac
Asking vs estimate
-3.1%
In line with 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 $31,600
Maximum allowable offer
$18,635
$6,516/ac · +30.0% target margin

You need $12,965 off asking to hit this margin.

All-in cost$20,219
Net resale$30,003
Projected profit$9,784
ROI+48.4%
Annualized+69.3%
Break-even resale$7,684/ac
Profit if resale lands off target
-20%
$3,783
-10%
$6,783
0%
$9,784
+10%
$12,784
+20%
$15,784
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-492988
Dirt · Off grid
3.9Jun 14, 2025$30,8007,86611,4391.6 mi
76
NC-750922
Landlocked · Power at road
0.9Jul 27, 2026$6,6007,52010,8975.6 mi
69
NC-993173
Gravel · Power at road
4.5Apr 30, 2025$49,90011,14511,9699.4 mi
66
NC-550574
Dirt · Power at road
0.7Jul 27, 2026$7,40010,85012,4068.9 mi
65
NC-594426
Gravel · Off grid
11.1Jun 30, 2024$82,9007,46610,3102.1 mi
64
Show adjustment detail for the top comp
  • Tract size (3.92 ac → 2.86 ac)+1.0%
  • Access (Dirt → Paved)+37.2%
  • Market time (14 mo)+4.9%

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.