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Wake County, NC · Sold

NC-586497

5670 County Road 295

$169,700
$3,408/ac · 49.80 ac
Acreage49.80 ac
Price per acre$3,408/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedMay 29, 2025
Coordinates35.7569, -78.7606
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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

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope7.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,766 ft of deeded road frontage.

Power7,110 ft away

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

Buildable area45.32 of 49.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$194,370
$161,461$227,279 · $3,903/ac on 49.80 ac
Asking vs estimate
-12.7%
Priced below 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 $169,700
Maximum allowable offer
$111,069
$2,230/ac · +30.0% target margin

You need $58,631 off asking to hit this margin.

All-in cost$120,510
Net resale$178,820
Projected profit$58,311
ROI+48.4%
Annualized+69.2%
Break-even resale$2,630/ac
Profit if resale lands off target
-20%
$22,546
-10%
$40,428
0%
$58,311
+10%
$76,193
+20%
$94,075
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-886079
Gravel · Power at road
36.8Apr 18, 2026$138,0003,7503,0527.6 mi
79
NC-286304
Landlocked · Off grid
43.3Jun 28, 2025$102,4002,3653,5463.5 mi
78
NC-626032
Paved · Off grid
35.6Sep 18, 2025$199,0005,5964,6232.4 mi
77
NC-285199
Landlocked · Off grid
19.4Jul 27, 2026$50,7002,6053,2958.7 mi
71
NC-154945
Landlocked · Full utilities
16.2May 9, 2026$93,1005,7555,0067.8 mi
70
NC-867907
Gravel · Off grid
138.3Jan 2, 2026$392,9002,8403,70010.3 mi
67
NC-825316
Gravel · Power at road
21.2Aug 26, 2025$124,3005,8724,5066.2 mi
67
NC-774987
Gravel · Off grid
16.7Nov 19, 2024$75,8004,5434,1067.5 mi
67
NC-727370
Gravel · Power at road
93.7Nov 29, 2024$375,3004,0044,19713.7 mi
62
NC-404841
Landlocked · Power at road
15.0Jul 17, 2024$39,4002,6272,9734.0 mi
57
Show adjustment detail for the top comp
  • Tract size (36.79 ac → 49.8 ac)-5.5%
  • 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.