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Wake County, NC · Sold

NC-900345

823 County Road 14

$2,300
$3,966/ac · 0.58 ac
Acreage0.58 ac
Price per acre$3,966/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedJan 22, 2024
Coordinates35.8075, -78.7203
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

5 items to verify before you offer.

Risk index
60
High risk
Wetlands27.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power12,668 ft away

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

Buildable area0.40 of 0.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,122
$1,830$2,414 · $3,659/ac on 0.58 ac
Asking vs estimate
+8.4%
Priced above the comp set

Weighted from 7 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 $2,300
Maximum allowable offer
$1,213
$2,091/ac · +30.0% target margin

You need $1,087 off asking to hit this margin.

All-in cost$1,316
Net resale$1,952
Projected profit$636
ROI+48.3%
Annualized+69.2%
Break-even resale$2,466/ac
Profit if resale lands off target
-20%
$246
-10%
$441
0%
$636
+10%
$831
+20%
$1,027
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-850693
Dirt · Off grid
0.7Jul 27, 2026$4,2005,6474,4834.2 mi
88
NC-510398
Paved · Off grid
0.6Jul 27, 2026$3,3005,4403,1435.5 mi
87
NC-790414
Gravel · Power at road
0.6Dec 24, 2025$3,5005,7443,4114.3 mi
80
NC-631513
Paved · Power at road
1.4Jul 27, 2026$8,8006,5113,2226.9 mi
77
NC-170887
Dirt · Power at road
0.9Feb 9, 2026$4,2004,8713,3546.9 mi
74
NC-460802
Dirt · Full utilities
0.8Mar 25, 2025$5,1006,3253,6963.8 mi
71
NC-511110
Gravel · Full utilities
1.0Jan 4, 2024$8,2008,1514,3051.0 mi
70
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%

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.