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Wake County, NC · Sold

NC-511110

2944 County Road 221

$8,000
$7,921/ac · 1.01 ac
Acreage1.01 ac
Price per acre$7,921/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedOct 9, 2023
Coordinates35.8176, -78.7333
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

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

View Wake market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
21
Low risk
Wetlands3.7% of tract

Little to no mapped wetland coverage.

Average slope22.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

166 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area0.58 of 1.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,622
$6,774$8,469 · $7,546/ac on 1.01 ac
Asking vs estimate
+5.0%
In line with 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 $8,000
Maximum allowable offer
$4,355
$4,312/ac · +30.0% target margin

You need $3,645 off asking to hit this margin.

All-in cost$4,725
Net resale$7,012
Projected profit$2,287
ROI+48.4%
Annualized+69.3%
Break-even resale$5,085/ac
Profit if resale lands off target
-20%
$884
-10%
$1,586
0%
$2,287
+10%
$2,988
+20%
$3,689
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-850693
Dirt · Off grid
0.7Jul 27, 2026$4,2005,6479,4203.9 mi
85
NC-631513
Paved · Power at road
1.4Jul 27, 2026$8,8006,5116,7707.9 mi
83
NC-170887
Dirt · Power at road
0.9Feb 9, 2026$4,2004,8717,0487.8 mi
77
NC-510398
Paved · Off grid
0.6Jul 27, 2026$3,3005,4406,6036.1 mi
76
NC-790414
Gravel · Power at road
0.6Dec 24, 2025$3,5005,7447,1675.3 mi
75
NC-460802
Dirt · Full utilities
0.8Mar 25, 2025$5,1006,3257,7684.1 mi
74
NC-900345
Landlocked · Off grid
0.6Sep 24, 2024$2,1003,5578,0691.0 mi
72
NC-222314
Landlocked · Power at road
2.4Jul 25, 2025$9,6004,0037,6088.6 mi
67
NC-122149
Landlocked · Off grid
2.1Mar 21, 2025$6,9003,2347,3115.4 mi
64
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%

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.