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Wake County, NC · Sold

NC-626032

2255 County Road 129

$230,600
$6,485/ac · 35.56 ac
Acreage35.56 ac
Price per acre$6,485/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedNov 21, 2024
Coordinates35.7245, -78.7446
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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

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
23
Low risk
Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope8.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power9,630 ft away

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

Buildable area32.63 of 35.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$174,255
$145,829$202,681 · $4,900/ac on 35.56 ac
Asking vs estimate
+32.3%
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 $230,600
Maximum allowable offer
$99,574
$2,800/ac · +30.0% target margin

You need $131,026 off asking to hit this margin.

All-in cost$108,038
Net resale$160,314
Projected profit$52,277
ROI+48.4%
Annualized+69.3%
Break-even resale$3,302/ac
Profit if resale lands off target
-20%
$20,214
-10%
$36,245
0%
$52,277
+10%
$68,308
+20%
$84,339
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-886079
Gravel · Power at road
36.8Apr 18, 2026$138,0003,7503,8358.7 mi
80
NC-586497
Gravel · Off grid
49.8Dec 18, 2025$166,3003,3394,3132.4 mi
79
NC-286304
Landlocked · Off grid
43.3Jun 28, 2025$102,4002,3654,4565.8 mi
75
NC-285199
Landlocked · Off grid
19.4Jul 27, 2026$50,7002,6054,1409.9 mi
75
NC-604686
Gravel · Power at road
13.4Jul 27, 2026$67,4005,0294,4302.5 mi
73
NC-154945
Landlocked · Full utilities
16.2May 9, 2026$93,1005,7556,2909.9 mi
68
NC-974370
Gravel · Off grid
10.7Jul 27, 2026$62,8005,8835,97110.6 mi
68
NC-825316
Gravel · Power at road
21.2Aug 26, 2025$124,3005,8725,6628.4 mi
67
NC-774987
Gravel · Off grid
16.7Nov 19, 2024$75,8004,5435,1596.5 mi
64
NC-644612
Landlocked · Off grid
12.7Dec 7, 2024$41,2003,2455,2587.8 mi
60
Show adjustment detail for the top comp
  • Tract size (36.79 ac → 35.56 ac)+0.6%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (4 mo)+1.4%

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.