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Rockingham County, NC · Sold

NC-386712

297 County Road 382

$793,300
$13,631/ac · 58.20 ac
Acreage58.20 ac
Price per acre$13,631/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedNov 10, 2025
Coordinates36.3782, -79.8249
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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

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands17.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

734 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area45.84 of 58.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$563,735
$461,656$665,815 · $9,686/ac on 58.20 ac
Asking vs estimate
+40.7%
Priced above the comp set

Weighted from 10 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 $793,300
Maximum allowable offer
$322,135
$5,535/ac · +30.0% target margin

You need $471,165 off asking to hit this margin.

All-in cost$349,516
Net resale$518,637
Projected profit$169,120
ROI+48.4%
Annualized+69.2%
Break-even resale$6,528/ac
Profit if resale lands off target
-20%
$65,393
-10%
$117,257
0%
$169,120
+10%
$220,984
+20%
$272,847
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-394993
Gravel · Full utilities
16.8Jun 14, 2026$203,50012,1509,9880.3 mi
75
NC-355828
Paved · Off grid
30.7Jul 27, 2026$190,5006,2126,7186.1 mi
75
NC-615769
Landlocked · Full utilities
29.4Jan 17, 2026$229,9007,82410,3832.6 mi
74
NC-135718
Paved · Off grid
28.3Apr 10, 2026$224,6007,9328,5764.6 mi
72
NC-837472
Paved · Off grid
100.9Sep 15, 2025$923,0009,14513,1096.4 mi
69
NC-976128
Paved · Full utilities
38.1Mar 29, 2025$449,70011,7979,7399.2 mi
68
NC-968221
Dirt · Full utilities
173.6May 6, 2026$931,3005,3638,2468.7 mi
68
NC-488086
Paved · Power at road
157.5Apr 11, 2026$1,039,5006,6028,8145.8 mi
68
NC-887641
Gravel · Off grid
114.1Jul 3, 2024$595,7005,2229,5513.9 mi
66
NC-835970
Dirt · Full utilities
34.0Dec 25, 2023$351,10010,32812,0405.1 mi
65
Show adjustment detail for the top comp
  • Tract size (16.75 ac → 58.2 ac)-18.4%
  • Market time (2 mo)+0.7%

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.