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Rockingham County, NC · Sold

NC-492988

216 County Road 323

$35,200
$8,980/ac · 3.92 ac
Acreage3.92 ac
Price per acre$8,980/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedMay 27, 2024
Coordinates36.3076, -79.8615
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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
7
Low risk
Wetlands1.9% of tract

Little to no mapped wetland coverage.

Average slope7.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

151 ft of deeded road frontage.

Power2,924 ft away

Service extension needed; get a utility quote.

Buildable area3.65 of 3.92 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$31,575
$29,049$34,101 · $8,055/ac on 3.92 ac
Asking vs estimate
+11.5%
Priced above 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 $35,200
Maximum allowable offer
$18,043
$4,603/ac · +30.0% target margin

You need $17,157 off asking to hit this margin.

All-in cost$19,577
Net resale$29,049
Projected profit$9,473
ROI+48.4%
Annualized+69.3%
Break-even resale$5,428/ac
Profit if resale lands off target
-20%
$3,663
-10%
$6,568
0%
$9,473
+10%
$12,378
+20%
$15,283
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-622551
Paved · Off grid
2.9Oct 14, 2025$31,10010,8728,1191.6 mi
78
NC-993173
Gravel · Power at road
4.5Apr 30, 2025$49,90011,1458,63510.9 mi
71
NC-394993
Gravel · Full utilities
16.8Jun 14, 2026$203,50012,1508,1255.6 mi
70
NC-750922
Landlocked · Power at road
0.9Jul 27, 2026$6,6007,5207,8627.1 mi
65
NC-594426
Gravel · Off grid
11.1Jun 30, 2024$82,9007,4667,4381.9 mi
62
Show adjustment detail for the top comp
  • Tract size (2.86 ac → 3.92 ac)-1.0%
  • Access (Paved → Dirt)-27.1%
  • Market time (10 mo)+3.5%

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.