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Wake County, NC · Sold

NC-653504

1737 County Road 355

$23,100
$4,053/ac · 5.70 ac
Acreage5.70 ac
Price per acre$4,053/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedAug 27, 2023
Coordinates35.8491, -78.5826
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

3 items to verify before you offer.

Risk index
14
Low risk
Wetlands13.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

362 ft of deeded road frontage.

Power133 ft away

Power at or near the road.

Buildable area4.71 of 5.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$32,416
$27,154$37,678 · $5,687/ac on 5.70 ac
Asking vs estimate
-28.7%
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 $23,100
Maximum allowable offer
$18,523
$3,250/ac · +30.0% target margin

You need $4,577 off asking to hit this margin.

All-in cost$20,097
Net resale$29,823
Projected profit$9,725
ROI+48.4%
Annualized+69.3%
Break-even resale$3,832/ac
Profit if resale lands off target
-20%
$3,761
-10%
$6,743
0%
$9,725
+10%
$12,708
+20%
$15,690
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-974370
Gravel · Off grid
10.7Jul 27, 2026$62,8005,8836,2194.3 mi
80
NC-433644
Landlocked · Power at road
6.3Jan 19, 2025$31,3004,9676,7321.1 mi
79
NC-303172
Gravel · Off grid
4.5Jan 18, 2026$23,5005,2405,3697.2 mi
75
NC-623823
Dirt · Full utilities
7.2Dec 24, 2024$58,0008,0747,1682.6 mi
75
NC-604686
Gravel · Power at road
13.4Jul 27, 2026$67,4005,0294,61411.6 mi
71
NC-285199
Landlocked · Off grid
19.4Jul 27, 2026$50,7002,6054,3123.7 mi
70
NC-222314
Landlocked · Power at road
2.4Jul 25, 2025$9,6004,0035,12711.5 mi
68
NC-154945
Landlocked · Full utilities
16.2May 9, 2026$93,1005,7556,5518.6 mi
66
NC-644612
Landlocked · Off grid
12.7Dec 7, 2024$41,2003,2455,4764.8 mi
62
NC-122149
Landlocked · Off grid
2.1Mar 21, 2025$6,9003,2344,9264.4 mi
62
Show adjustment detail for the top comp
  • Tract size (10.67 ac → 5.7 ac)+4.3%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%

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.