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Rutherford County, NC · Sold

NC-629316

5104 County Road 184

$2,307,500
$6,012/ac · 384 ac
Acreage384 ac
Price per acre$6,012/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedSep 23, 2024
Coordinates35.3819, -81.8184
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

No material red flags on the mapped layers.

Risk index
10
Low risk
Wetlands6.6% of tract

Little to no mapped wetland coverage.

Average slope8.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,286 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area340.58 of 383.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,929,431
$2,312,823$3,546,039 · $7,632/ac on 384 ac
Asking vs estimate
-21.2%
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 $2,307,500
Maximum allowable offer
$1,673,961
$4,361/ac · +30.0% target margin

You need $633,539 off asking to hit this margin.

All-in cost$1,816,248
Net resale$2,695,077
Projected profit$878,829
ROI+48.4%
Annualized+69.2%
Break-even resale$5,143/ac
Profit if resale lands off target
-20%
$339,814
-10%
$609,321
0%
$878,829
+10%
$1,148,337
+20%
$1,417,844
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-589215
Gravel · Full utilities
356.8Jan 18, 2026$1,956,5005,4845,4963.8 mi
85
NC-379643
Dirt · Off grid
486.4Dec 5, 2025$2,528,9005,1999,5860.3 mi
79
NC-579101
Gravel · Off grid
328.5May 27, 2025$2,195,3006,6839,6315.0 mi
77
NC-708778
Dirt · Off grid
259.9May 13, 2026$885,6003,4075,1296.1 mi
77
NC-428991
Gravel · Off grid
303.3Jul 1, 2025$1,428,9004,7116,60711.8 mi
76
NC-369177
Dirt · Off grid
347.1Aug 15, 2024$1,640,1004,7258,2997.5 mi
70
NC-708960
Gravel · Off grid
296.6Nov 13, 2023$1,468,5004,9527,3528.8 mi
68
NC-438459
Gravel · Power at road
206.3Apr 16, 2024$1,575,1007,6348,5485.8 mi
65
NC-747649
Gravel · Off grid
114.7Feb 21, 2025$899,5007,8408,54011.1 mi
63
Show adjustment detail for the top comp
  • Tract size (356.75 ac → 383.84 ac)-2.1%
  • Market time (7 mo)+2.4%

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.