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Wake County, NC · Sold

NC-510398

4588 County Road 189

$3,400
$5,667/ac · 0.60 ac
Acreage0.60 ac
Price per acre$5,667/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedJul 1, 2026
Coordinates35.7292, -78.7407
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

4 items to verify before you offer.

Risk index
20
Low risk
Wetlands15.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

132 ft of deeded road frontage.

Power3,358 ft away

Service extension needed; get a utility quote.

Buildable area0.48 of 0.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,898
$3,430$4,365 · $6,496/ac on 0.60 ac
Asking vs estimate
-12.8%
Priced below 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 $3,400
Maximum allowable offer
$2,227
$3,712/ac · +30.0% target margin

You need $1,173 off asking to hit this margin.

All-in cost$2,416
Net resale$3,586
Projected profit$1,170
ROI+48.4%
Annualized+69.3%
Break-even resale$4,377/ac
Profit if resale lands off target
-20%
$452
-10%
$811
0%
$1,170
+10%
$1,528
+20%
$1,887
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-790414
Gravel · Power at road
0.6Dec 24, 2025$3,5005,7445,9174.0 mi
81
NC-850693
Dirt · Off grid
0.7Jul 27, 2026$4,2005,6477,7779.7 mi
81
NC-170887
Dirt · Power at road
0.9Feb 9, 2026$4,2004,8715,8193.0 mi
81
NC-631513
Paved · Power at road
1.4Jul 27, 2026$8,8006,5115,5894.2 mi
76
NC-900345
Landlocked · Off grid
0.6Sep 24, 2024$2,1003,5576,6625.5 mi
75
NC-460802
Dirt · Full utilities
0.8Mar 25, 2025$5,1006,3256,4132.4 mi
73
NC-511110
Gravel · Full utilities
1.0Jan 4, 2024$8,2008,1517,4696.1 mi
63
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (8 mo)+2.7%

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.