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Rockingham County, NC · Sold

NC-594426

8000 County Road 361

$81,800
$7,363/ac · 11.11 ac
Acreage11.11 ac
Price per acre$7,363/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedJun 2, 2024
Coordinates36.3006, -79.8277
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

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands8.2% of tract

Little to no mapped wetland coverage.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

736 ft of deeded road frontage.

Power14,572 ft away

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

Buildable area9.69 of 11.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$96,207
$81,828$110,586 · $8,659/ac on 11.11 ac
Asking vs estimate
-15.0%
Priced below the comp set

Weighted from 8 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 $81,800
Maximum allowable offer
$54,975
$4,948/ac · +30.0% target margin

You need $26,825 off asking to hit this margin.

All-in cost$59,648
Net resale$88,510
Projected profit$28,863
ROI+48.4%
Annualized+69.3%
Break-even resale$5,836/ac
Profit if resale lands off target
-20%
$11,161
-10%
$20,012
0%
$28,863
+10%
$37,714
+20%
$46,565
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-394993
Gravel · Full utilities
16.8Jun 14, 2026$203,50012,1508,8845.6 mi
80
NC-615769
Landlocked · Full utilities
29.4Jan 17, 2026$229,9007,8249,2362.9 mi
73
NC-355828
Paved · Off grid
30.7Jul 27, 2026$190,5006,2125,97611.5 mi
69
NC-135718
Paved · Off grid
28.3Apr 10, 2026$224,6007,9327,6289.8 mi
68
NC-492988
Dirt · Off grid
3.9Jun 14, 2025$30,8007,8669,0241.9 mi
66
NC-993173
Gravel · Power at road
4.5Apr 30, 2025$49,90011,1459,44111.0 mi
62
NC-835970
Dirt · Full utilities
34.0Dec 25, 2023$351,10010,32810,7107.0 mi
60
NC-976128
Paved · Full utilities
38.1Mar 29, 2025$449,70011,7978,6637.5 mi
58
Show adjustment detail for the top comp
  • Tract size (16.75 ac → 11.11 ac)+4.2%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (2 mo)+0.7%

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.