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Rutherford County, NC · Sold

NC-862530

8723 County Road 381

$38,000
$13,523/ac · 2.81 ac
Acreage2.81 ac
Price per acre$13,523/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedJun 4, 2025
Coordinates35.4216, -81.8457
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

Rutherford County, North Carolina. Piedmont builder demand plus mountain view lots in the west.

View Rutherford market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
22
Low risk
Wetlands13.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

279 ft of deeded road frontage.

Power14,082 ft away

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

Buildable area2.32 of 2.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$33,220
$24,730$41,711 · $11,822/ac on 2.81 ac
Asking vs estimate
+14.4%
Priced above the comp set

Weighted from 10 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 $38,000
Maximum allowable offer
$18,983
$6,756/ac · +30.0% target margin

You need $19,017 off asking to hit this margin.

All-in cost$20,597
Net resale$30,563
Projected profit$9,966
ROI+48.4%
Annualized+69.2%
Break-even resale$7,967/ac
Profit if resale lands off target
-20%
$3,854
-10%
$6,910
0%
$9,966
+10%
$13,022
+20%
$16,079
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-722824
Gravel · Off grid
3.5Jul 27, 2026$35,70010,25510,34410.9 mi
83
NC-112881
Gravel · Power at road
3.6Jul 14, 2026$33,4009,2057,91511.7 mi
80
NC-122597
Dirt · Off grid
3.0Nov 3, 2024$24,1008,18410,2422.0 mi
78
NC-181657
Dirt · Off grid
1.5Jul 27, 2026$13,2008,86110,1929.2 mi
75
NC-452809
Dirt · Power at road
3.4Dec 17, 2025$27,9008,1218,3009.8 mi
74
NC-352224
Dirt · Off grid
2.3Jan 14, 2024$27,30012,14715,5742.4 mi
72
NC-473096
Paved · Power at road
4.2Sep 27, 2025$98,60023,25517,6116.5 mi
71
NC-890896
Dirt · Off grid
0.9Jul 27, 2026$9,50011,08912,6725.6 mi
71
NC-541900
Gravel · Power at road
1.8Dec 27, 2024$29,30016,47814,8154.9 mi
70
NC-463307
Dirt · Off grid
4.9Jul 8, 2025$46,3009,37811,6436.2 mi
69
Show adjustment detail for the top comp
  • Tract size (3.48 ac → 2.81 ac)+0.6%

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.