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Wake County, NC · Sold

NC-122149

2859 County Road 105

$8,400
$3,944/ac · 2.13 ac
Acreage2.13 ac
Price per acre$3,944/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedMay 2, 2024
Coordinates35.8050, -78.6387
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
49
Moderate risk
Wetlands15.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.9%

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.

Power10,750 ft away

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

Buildable area1.71 of 2.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,263
$7,007$9,518 · $3,879/ac on 2.13 ac
Asking vs estimate
+1.7%
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 $8,400
Maximum allowable offer
$4,722
$2,217/ac · +30.0% target margin

You need $3,678 off asking to hit this margin.

All-in cost$5,123
Net resale$7,602
Projected profit$2,478
ROI+48.4%
Annualized+69.2%
Break-even resale$2,614/ac
Profit if resale lands off target
-20%
$958
-10%
$1,718
0%
$2,478
+10%
$3,238
+20%
$3,999
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-631513
Paved · Power at road
1.4Jul 27, 2026$8,8006,5113,1716.2 mi
77
NC-222314
Landlocked · Power at road
2.4Jul 25, 2025$9,6004,0033,5647.5 mi
77
NC-850693
Dirt · Off grid
0.7Jul 27, 2026$4,2005,6474,4125.2 mi
72
NC-303172
Gravel · Off grid
4.5Jan 18, 2026$23,5005,2403,7324.9 mi
71
NC-790414
Gravel · Power at road
0.6Dec 24, 2025$3,5005,7443,3574.0 mi
69
NC-170887
Dirt · Power at road
0.9Feb 9, 2026$4,2004,8713,3017.3 mi
66
NC-433644
Landlocked · Power at road
6.3Jan 19, 2025$31,3004,9674,6803.8 mi
63
NC-623823
Dirt · Full utilities
7.2Dec 24, 2024$58,0008,0744,9821.8 mi
61
NC-460802
Dirt · Full utilities
0.8Mar 25, 2025$5,1006,3253,6387.3 mi
60
NC-511110
Gravel · Full utilities
1.0Jan 4, 2024$8,2008,1514,2375.4 mi
60
Show adjustment detail for the top comp
  • Tract size (1.35 ac → 2.13 ac)-0.8%
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Power at road → Off grid)-15.0%

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.