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Rockingham County, NC · Sold

NC-968221

8675 County Road 247

$1,054,700
$6,074/ac · 174 ac
Acreage174 ac
Price per acre$6,074/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedJun 16, 2025
Coordinates36.4462, -79.6922
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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

4 items to verify before you offer.

Risk index
27
Low risk
Wetlands15.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area139.88 of 173.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,323,275
$1,118,441$1,528,108 · $7,621/ac on 174 ac
Asking vs estimate
-20.3%
Priced below the comp set

Weighted from 6 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 $1,054,700
Maximum allowable offer
$756,157
$4,355/ac · +30.0% target margin

You need $298,543 off asking to hit this margin.

All-in cost$820,430
Net resale$1,217,413
Projected profit$396,982
ROI+48.4%
Annualized+69.2%
Break-even resale$5,136/ac
Profit if resale lands off target
-20%
$153,500
-10%
$275,241
0%
$396,982
+10%
$518,724
+20%
$640,465
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-278442
Dirt · Power at road
203.8Jul 27, 2026$1,394,9006,8458,7479.9 mi
83
NC-488086
Paved · Power at road
157.5Apr 11, 2026$1,039,5006,6025,79913.6 mi
81
NC-386712
Gravel · Full utilities
58.2Jul 27, 2026$729,00012,5278,2608.7 mi
70
NC-887641
Gravel · Off grid
114.1Jul 3, 2024$595,7005,2226,2846.7 mi
69
NC-329492
Paved · Off grid
436.0Nov 13, 2025$2,519,3005,7788,1277.0 mi
69
NC-837472
Paved · Off grid
100.9Sep 15, 2025$923,0009,1458,62510.3 mi
67
Show adjustment detail for the top comp
  • Tract size (203.79 ac → 173.64 ac)+4.5%
  • Utilities (Power at road → Full utilities)+22.0%

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.