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Washington County, RI · Sold

RI-627866

991 County Road 78

$1,213,800
$20,342/ac · 59.67 ac
Acreage59.67 ac
Price per acre$20,342/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedMay 3, 2025
Coordinates41.3380, -71.5395
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

2 items to verify before you offer.

Risk index
25
Low risk
Wetlands4.1% of tract

Little to no mapped wetland coverage.

Average slope26.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

978 ft of deeded road frontage.

Power8 ft away

Power at or near the road.

Buildable area34.33 of 59.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$875,886
$655,670$1,096,102 · $14,679/ac on 59.67 ac
Asking vs estimate
+38.6%
Priced above 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 $1,213,800
Maximum allowable offer
$500,506
$8,388/ac · +30.0% target margin

You need $713,294 off asking to hit this margin.

All-in cost$543,049
Net resale$805,815
Projected profit$262,766
ROI+48.4%
Annualized+69.2%
Break-even resale$9,892/ac
Profit if resale lands off target
-20%
$101,603
-10%
$182,184
0%
$262,766
+10%
$343,347
+20%
$423,929
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-537299
Dirt · Off grid
39.6Jul 27, 2026$633,50016,01117,4058.5 mi
79
RI-518676
Landlocked · Power at road
107.3May 17, 2026$753,3007,02010,28110.6 mi
73
RI-958552
Gravel · Off grid
98.1Dec 27, 2025$1,437,70014,65817,0656.9 mi
71
RI-608209
Gravel · Off grid
76.5Jun 28, 2025$619,5008,0999,0699.4 mi
70
RI-458498
Paved · Power at road
94.3Jul 5, 2025$2,042,40021,65418,3417.6 mi
70
RI-158658
Gravel · Off grid
105.9Jun 22, 2025$1,587,40014,98818,1597.0 mi
66
RI-239004
Dirt · Full utilities
136.1Jun 2, 2024$1,528,10011,22912,2492.5 mi
65
Show adjustment detail for the top comp
  • Tract size (39.57 ac → 59.67 ac)-7.8%
  • Utilities (Off grid → Power at road)+17.6%

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.