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Rutherford County, NC · Sold

NC-589215

3024 County Road 311

$2,046,600
$5,737/ac · 357 ac
Acreage357 ac
Price per acre$5,737/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedApr 16, 2025
Coordinates35.3560, -81.8782
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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

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

2 items to verify before you offer.

Risk index
19
Low risk
Wetlands4.1% of tract

Little to no mapped wetland coverage.

Average slope20.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,724 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area205.27 of 356.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,812,130
$2,268,473$3,355,788 · $7,883/ac on 357 ac
Asking vs estimate
-27.2%
Priced below the comp set

Weighted from 9 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 $2,046,600
Maximum allowable offer
$1,606,932
$4,504/ac · +30.0% target margin

You need $439,668 off asking to hit this margin.

All-in cost$1,743,521
Net resale$2,587,160
Projected profit$843,639
ROI+48.4%
Annualized+69.2%
Break-even resale$5,312/ac
Profit if resale lands off target
-20%
$326,207
-10%
$584,923
0%
$843,639
+10%
$1,102,355
+20%
$1,361,071
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-708778
Dirt · Off grid
259.9May 13, 2026$885,6003,4075,2422.5 mi
84
NC-629316
Gravel · Full utilities
383.8Sep 6, 2025$2,339,8006,0966,4753.8 mi
83
NC-579101
Gravel · Off grid
328.5May 27, 2025$2,195,3006,6839,8421.8 mi
81
NC-708960
Gravel · Off grid
296.6Nov 13, 2023$1,468,5004,9527,5135.0 mi
76
NC-428991
Gravel · Off grid
303.3Jul 1, 2025$1,428,9004,7116,7528.1 mi
75
NC-379643
Dirt · Off grid
486.4Dec 5, 2025$2,528,9005,1999,7964.1 mi
75
NC-369177
Dirt · Off grid
347.1Aug 15, 2024$1,640,1004,7258,4818.5 mi
71
NC-438459
Gravel · Power at road
206.3Apr 16, 2024$1,575,1007,6348,7356.2 mi
66
NC-747649
Gravel · Off grid
114.7Feb 21, 2025$899,5007,8408,7278.4 mi
60
Show adjustment detail for the top comp
  • Tract size (259.95 ac → 356.75 ac)-8.8%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (3 mo)+1.1%

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.