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Wake County, NC · Sold

NC-886079

6581 County Road 232

$158,200
$4,300/ac · 36.79 ac
Acreage36.79 ac
Price per acre$4,300/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedJun 20, 2025
Coordinates35.8303, -78.6603
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

2 items to verify before you offer.

Risk index
28
Low risk
Wetlands4.7% of tract

Little to no mapped wetland coverage.

Average slope29.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,302 ft of deeded road frontage.

Power224 ft away

Power at or near the road.

Buildable area21.04 of 36.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$187,335
$160,175$214,495 · $5,092/ac on 36.79 ac
Asking vs estimate
-15.6%
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 $158,200
Maximum allowable offer
$107,048
$2,910/ac · +30.0% target margin

You need $51,152 off asking to hit this margin.

All-in cost$116,147
Net resale$172,348
Projected profit$56,201
ROI+48.4%
Annualized+69.3%
Break-even resale$3,432/ac
Profit if resale lands off target
-20%
$21,731
-10%
$38,966
0%
$56,201
+10%
$73,436
+20%
$90,671
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-286304
Landlocked · Off grid
43.3Jun 28, 2025$102,4002,3654,4166.0 mi
78
NC-285199
Landlocked · Off grid
19.4Jul 27, 2026$50,7002,6054,1031.2 mi
78
NC-974370
Gravel · Off grid
10.7Jul 27, 2026$62,8005,8835,9182.1 mi
78
NC-586497
Gravel · Off grid
49.8Dec 18, 2025$166,3003,3394,2747.6 mi
76
NC-626032
Paved · Off grid
35.6Sep 18, 2025$199,0005,5965,7588.7 mi
76
NC-604686
Gravel · Power at road
13.4Jul 27, 2026$67,4005,0294,3917.4 mi
74
NC-825316
Gravel · Power at road
21.2Aug 26, 2025$124,3005,8725,6125.3 mi
74
NC-154945
Landlocked · Full utilities
16.2May 9, 2026$93,1005,7556,2344.9 mi
71
NC-774987
Gravel · Off grid
16.7Nov 19, 2024$75,8004,5435,1136.7 mi
64
NC-727370
Gravel · Power at road
93.7Nov 29, 2024$375,3004,0045,2286.7 mi
64
Show adjustment detail for the top comp
  • Tract size (43.3 ac → 36.79 ac)+3.0%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (14 mo)+4.8%

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.