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Rockingham County, NC · Sold

NC-837472

336 County Road 231

$921,200
$9,127/ac · 101 ac
Acreage101 ac
Price per acre$9,127/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedJul 24, 2024
Coordinates36.4617, -79.8764
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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

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands1.9% of tract

Little to no mapped wetland coverage.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,210 ft of deeded road frontage.

Power5,150 ft away

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

Buildable area94.06 of 100.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$737,777
$585,845$889,708 · $7,310/ac on 101 ac
Asking vs estimate
+24.9%
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 $921,200
Maximum allowable offer
$421,587
$4,177/ac · +30.0% target margin

You need $499,613 off asking to hit this margin.

All-in cost$457,422
Net resale$678,754
Projected profit$221,333
ROI+48.4%
Annualized+69.2%
Break-even resale$4,926/ac
Profit if resale lands off target
-20%
$85,582
-10%
$153,457
0%
$221,333
+10%
$289,208
+20%
$357,083
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-386712
Gravel · Full utilities
58.2Jul 27, 2026$729,00012,5279,0966.4 mi
76
NC-355828
Paved · Off grid
30.7Jul 27, 2026$190,5006,2124,8673.5 mi
75
NC-488086
Paved · Power at road
157.5Apr 11, 2026$1,039,5006,6026,38611.5 mi
74
NC-968221
Dirt · Full utilities
173.6May 6, 2026$931,3005,3635,97510.3 mi
72
NC-278442
Dirt · Power at road
203.8Jul 27, 2026$1,394,9006,8459,63210.6 mi
71
NC-887641
Gravel · Off grid
114.1Jul 3, 2024$595,7005,2226,9209.4 mi
70
NC-615769
Landlocked · Full utilities
29.4Jan 17, 2026$229,9007,8247,5238.6 mi
62
NC-976128
Paved · Full utilities
38.1Mar 29, 2025$449,70011,7977,05615.3 mi
59
NC-835970
Dirt · Full utilities
34.0Dec 25, 2023$351,10010,3288,72410.2 mi
53
Show adjustment detail for the top comp
  • Tract size (58.2 ac → 100.93 ac)-11.9%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Full utilities → Off grid)-30.3%

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.