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Washington County, RI · Sold

RI-158658

2855 County Road 322

$1,524,900
$14,398/ac · 106 ac
Acreage106 ac
Price per acre$14,398/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedNov 28, 2024
Coordinates41.4386, -71.5505
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
21
Low risk
Wetlands11.4% of tract

Little to no mapped wetland coverage.

Average slope9.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,488 ft of deeded road frontage.

Power4,324 ft away

Service extension needed; get a utility quote.

Buildable area89.14 of 105.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,374,691
$995,156$1,754,227 · $12,980/ac on 106 ac
Asking vs estimate
+10.9%
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 $1,524,900
Maximum allowable offer
$785,538
$7,417/ac · +30.0% target margin

You need $739,362 off asking to hit this margin.

All-in cost$852,309
Net resale$1,264,716
Projected profit$412,407
ROI+48.4%
Annualized+69.2%
Break-even resale$8,747/ac
Profit if resale lands off target
-20%
$159,464
-10%
$285,936
0%
$412,407
+10%
$538,879
+20%
$665,350
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-958552
Gravel · Off grid
98.1Dec 27, 2025$1,437,70014,65814,7654.2 mi
85
RI-518676
Landlocked · Power at road
107.3May 17, 2026$753,3007,0208,8955.9 mi
83
RI-537299
Dirt · Off grid
39.6Jul 27, 2026$633,50016,01115,0593.5 mi
74
RI-458498
Paved · Power at road
94.3Jul 5, 2025$2,042,40021,65415,8698.3 mi
74
RI-608209
Gravel · Off grid
76.5Jun 28, 2025$619,5008,0997,84712.0 mi
72
RI-239004
Dirt · Full utilities
136.1Jun 2, 2024$1,528,10011,22910,5984.5 mi
69
RI-627866
Dirt · Power at road
59.7Oct 16, 2025$1,212,60020,32218,1967.0 mi
68
Show adjustment detail for the top comp
  • Tract size (98.08 ac → 105.91 ac)-1.9%
  • 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.