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Washington County, RI · Sold

RI-945399

3039 County Road 342

$220,500
$22,072/ac · 9.99 ac
Acreage9.99 ac
Price per acre$22,072/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedMar 8, 2025
Coordinates41.4242, -71.6531
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

Washington County, Rhode Island. Almost no raw land market; subdivided lots only.

View Washington market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands6.5% of tract

Little to no mapped wetland coverage.

Average slope26.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

713 ft of deeded road frontage.

Power9,840 ft away

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

Buildable area5.60 of 9.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$159,582
$119,626$199,539 · $15,974/ac on 9.99 ac
Asking vs estimate
+38.2%
Priced above the comp set

Weighted from 8 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 $220,500
Maximum allowable offer
$91,190
$9,128/ac · +30.0% target margin

You need $129,310 off asking to hit this margin.

All-in cost$98,941
Net resale$146,816
Projected profit$47,875
ROI+48.4%
Annualized+69.2%
Break-even resale$10,765/ac
Profit if resale lands off target
-20%
$18,512
-10%
$33,193
0%
$47,875
+10%
$62,556
+20%
$77,238
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-175484
Gravel · Off grid
10.6Jul 27, 2026$145,80013,71811,8848.1 mi
85
RI-864796
Gravel · Off grid
6.5Jul 27, 2026$131,30020,31717,0013.3 mi
81
RI-537299
Dirt · Off grid
39.6Jul 27, 2026$633,50016,01119,1572.4 mi
74
RI-642397
Gravel · Full utilities
1.1Feb 22, 2026$28,00024,52313,8357.5 mi
62
RI-627866
Dirt · Power at road
59.7Oct 16, 2025$1,212,60020,32223,1488.4 mi
59
RI-532741
Gravel · Full utilities
1.5Mar 22, 2025$47,90032,78319,2621.2 mi
57
RI-843004
Dirt · Full utilities
1.8Sep 17, 2024$34,60019,67813,7585.6 mi
56
RI-608209
Gravel · Off grid
76.5Jun 28, 2025$619,5008,0999,9828.0 mi
55
Show adjustment detail for the top comp
  • Tract size (10.63 ac → 9.99 ac)+0.5%
  • Access (Gravel → Dirt)-14.0%

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.