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Wake County, NC · Sold

NC-433644

1161 County Road 376

$35,000
$5,556/ac · 6.30 ac
Acreage6.30 ac
Price per acre$5,556/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedMar 28, 2024
Coordinates35.8509, -78.6020
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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

4 items to verify before you offer.

Risk index
47
Moderate risk
Wetlands19.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power204 ft away

Power at or near the road.

Buildable area4.84 of 6.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$26,722
$21,972$31,472 · $4,242/ac on 6.30 ac
Asking vs estimate
+31.0%
Priced above 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 $35,000
Maximum allowable offer
$15,270
$2,424/ac · +30.0% target margin

You need $19,730 off asking to hit this margin.

All-in cost$16,568
Net resale$24,584
Projected profit$8,016
ROI+48.4%
Annualized+69.2%
Break-even resale$2,859/ac
Profit if resale lands off target
-20%
$3,099
-10%
$5,558
0%
$8,016
+10%
$10,475
+20%
$12,933
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-303172
Gravel · Off grid
4.5Jan 18, 2026$23,5005,2404,2236.2 mi
79
NC-974370
Gravel · Off grid
10.7Jul 27, 2026$62,8005,8834,8923.2 mi
78
NC-653504
Dirt · Power at road
5.7Mar 14, 2024$21,2003,7123,2171.1 mi
76
NC-623823
Dirt · Full utilities
7.2Dec 24, 2024$58,0008,0745,6372.0 mi
75
NC-285199
Landlocked · Off grid
19.4Jul 27, 2026$50,7002,6053,3912.6 mi
74
NC-604686
Gravel · Power at road
13.4Jul 27, 2026$67,4005,0293,62910.8 mi
72
NC-154945
Landlocked · Full utilities
16.2May 9, 2026$93,1005,7555,1527.5 mi
71
NC-644612
Landlocked · Off grid
12.7Dec 7, 2024$41,2003,2454,3074.0 mi
67
NC-222314
Landlocked · Power at road
2.4Jul 25, 2025$9,6004,0034,03211.2 mi
65
NC-122149
Landlocked · Off grid
2.1Mar 21, 2025$6,9003,2343,8753.8 mi
64
Show adjustment detail for the top comp
  • Tract size (4.48 ac → 6.3 ac)-1.6%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (7 mo)+2.4%

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.