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Rockingham County, NC · Sold

NC-135718

690 County Road 293

$254,700
$8,994/ac · 28.32 ac
Acreage28.32 ac
Price per acre$8,994/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedSep 21, 2025
Coordinates36.4401, -79.7954
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

5 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands11.3% of tract

Little to no mapped wetland coverage.

Average slope11.5%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power5,122 ft away

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

Buildable area23.86 of 28.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$264,502
$214,508$314,497 · $9,340/ac on 28.32 ac
Asking vs estimate
-3.7%
In line with the comp set

Weighted from 7 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 $254,700
Maximum allowable offer
$151,144
$5,337/ac · +30.0% target margin

You need $103,556 off asking to hit this margin.

All-in cost$163,991
Net resale$243,342
Projected profit$79,351
ROI+48.4%
Annualized+69.3%
Break-even resale$6,294/ac
Profit if resale lands off target
-20%
$30,683
-10%
$55,017
0%
$79,351
+10%
$103,685
+20%
$128,019
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-355828
Paved · Off grid
30.7Jul 27, 2026$190,5006,2126,3052.1 mi
96
NC-394993
Gravel · Full utilities
16.8Jun 14, 2026$203,50012,1509,3744.3 mi
81
NC-615769
Landlocked · Full utilities
29.4Jan 17, 2026$229,9007,8249,7457.1 mi
79
NC-386712
Gravel · Full utilities
58.2Jul 27, 2026$729,00012,52711,7824.6 mi
74
NC-976128
Paved · Full utilities
38.1Mar 29, 2025$449,70011,7979,14011.4 mi
70
NC-835970
Dirt · Full utilities
34.0Dec 25, 2023$351,10010,32811,3006.0 mi
68
NC-594426
Gravel · Off grid
11.1Jun 30, 2024$82,9007,4668,5819.8 mi
58
Show adjustment detail for the top comp
  • Tract size (30.67 ac → 28.32 ac)+1.3%

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.