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Union County, NC · Sold

NC-928439

5872 County Road 2

$1,074,600
$5,285/ac · 203 ac
Acreage203 ac
Price per acre$5,285/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedMar 16, 2024
Coordinates34.9345, -80.5560
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

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

View Union market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
49
Moderate risk
Wetlands40.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.4%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

3,527 ft of deeded road frontage.

Power14,432 ft away

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

Buildable area114.55 of 203.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,033,343
$744,007$1,322,680 · $5,082/ac on 203 ac
Asking vs estimate
+4.0%
In line with the comp set

Weighted from 4 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 $1,074,600
Maximum allowable offer
$590,482
$2,904/ac · +30.0% target margin

You need $484,118 off asking to hit this margin.

All-in cost$640,673
Net resale$950,676
Projected profit$310,003
ROI+48.4%
Annualized+69.2%
Break-even resale$3,425/ac
Profit if resale lands off target
-20%
$119,868
-10%
$214,935
0%
$310,003
+10%
$405,071
+20%
$500,138
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-206721
Dirt · Off grid
58.6May 29, 2025$313,4005,3514,1256.0 mi
64
NC-686016
Gravel · Off grid
35.1Jun 2, 2025$220,8006,2833,7745.4 mi
58
NC-266616
Paved · Off grid
54.3Nov 15, 2024$515,4009,4935,3628.7 mi
57
NC-515021
Gravel · Power at road
17.1Jan 17, 2025$276,50016,1707,5528.2 mi
49
Show adjustment detail for the top comp
  • Tract size (58.58 ac → 203.34 ac)-26.7%
  • Market time (15 mo)+5.1%

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.