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Rockingham County, NC · Sold

NC-835970

2982 County Road 373

$362,000
$10,647/ac · 34.00 ac
Acreage34.00 ac
Price per acre$10,647/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedAug 31, 2023
Coordinates36.3690, -79.7340
Loading terrain…
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
35
Moderate risk
Wetlands33.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.9%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

669 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area21.64 of 34.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$320,927
$261,496$380,357 · $9,439/ac on 34.00 ac
Asking vs estimate
+12.8%
Priced above the comp set

Weighted from 9 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 $362,000
Maximum allowable offer
$183,387
$5,394/ac · +30.0% target margin

You need $178,613 off asking to hit this margin.

All-in cost$198,975
Net resale$295,253
Projected profit$96,278
ROI+48.4%
Annualized+69.2%
Break-even resale$6,361/ac
Profit if resale lands off target
-20%
$37,227
-10%
$66,752
0%
$96,278
+10%
$125,803
+20%
$155,328
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-615769
Landlocked · Full utilities
29.4Jan 17, 2026$229,9007,8249,8955.9 mi
84
NC-355828
Paved · Off grid
30.7Jul 27, 2026$190,5006,2126,4028.0 mi
82
NC-135718
Paved · Off grid
28.3Apr 10, 2026$224,6007,9328,1736.0 mi
79
NC-386712
Gravel · Full utilities
58.2Jul 27, 2026$729,00012,52711,9645.1 mi
79
NC-976128
Paved · Full utilities
38.1Mar 29, 2025$449,70011,7979,2815.5 mi
76
NC-394993
Gravel · Full utilities
16.8Jun 14, 2026$203,50012,1509,5185.0 mi
75
NC-594426
Gravel · Off grid
11.1Jun 30, 2024$82,9007,4668,7137.0 mi
61
NC-837472
Paved · Off grid
100.9Sep 15, 2025$923,0009,14512,49210.2 mi
60
NC-887641
Gravel · Off grid
114.1Jul 3, 2024$595,7005,2229,1021.3 mi
59
Show adjustment detail for the top comp
  • Tract size (29.39 ac → 34 ac)-2.4%
  • Access (Landlocked → Dirt)+26.5%
  • Market time (7 mo)+2.4%

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.