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Wake County, NC · Sold

NC-303172

1808 County Road 292

$24,100
$5,379/ac · 4.48 ac
Acreage4.48 ac
Price per acre$5,379/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedMar 7, 2025
Coordinates35.8447, -78.7116
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

4 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands5.1% of tract

Little to no mapped wetland coverage.

Average slope14.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power13,998 ft away

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

Buildable area3.40 of 4.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$23,835
$19,130$28,539 · $5,320/ac on 4.48 ac
Asking vs estimate
+1.1%
In line with 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 $24,100
Maximum allowable offer
$13,620
$3,040/ac · +30.0% target margin

You need $10,480 off asking to hit this margin.

All-in cost$14,778
Net resale$21,928
Projected profit$7,150
ROI+48.4%
Annualized+69.2%
Break-even resale$3,585/ac
Profit if resale lands off target
-20%
$2,765
-10%
$4,958
0%
$7,150
+10%
$9,343
+20%
$11,536
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-974370
Gravel · Off grid
10.7Jul 27, 2026$62,8005,8836,2163.2 mi
78
NC-433644
Landlocked · Power at road
6.3Jan 19, 2025$31,3004,9676,7286.2 mi
73
NC-604686
Gravel · Power at road
13.4Jul 27, 2026$67,4005,0294,6126.5 mi
72
NC-623823
Dirt · Full utilities
7.2Dec 24, 2024$58,0008,0747,1645.2 mi
67
NC-653504
Dirt · Power at road
5.7Mar 14, 2024$21,2003,7124,0887.2 mi
67
NC-631513
Paved · Power at road
1.4Jul 27, 2026$8,8006,5114,5599.1 mi
67
NC-122149
Landlocked · Off grid
2.1Mar 21, 2025$6,9003,2344,9244.9 mi
66
NC-222314
Landlocked · Power at road
2.4Jul 25, 2025$9,6004,0035,12410.0 mi
65
NC-644612
Landlocked · Off grid
12.7Dec 7, 2024$41,2003,2455,4733.9 mi
62
NC-404841
Landlocked · Power at road
15.0Jul 17, 2024$39,4002,6273,8883.3 mi
58
Show adjustment detail for the top comp
  • Tract size (10.67 ac → 4.48 ac)+5.4%

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.