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Washington County, RI · Sold

RI-362144

5295 County Road 348

$14,700
$15,474/ac · 0.95 ac
Acreage0.95 ac
Price per acre$15,474/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedJan 22, 2024
Coordinates41.3182, -71.5370
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
21
Low risk
Wetlands6.0% of tract

Little to no mapped wetland coverage.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power10,974 ft away

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

Buildable area0.85 of 0.95 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$18,477
$14,390$22,564 · $19,450/ac on 0.95 ac
Asking vs estimate
-20.4%
Priced below the comp set

Weighted from 6 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 $14,700
Maximum allowable offer
$10,558
$11,114/ac · +30.0% target margin

You need $4,142 off asking to hit this margin.

All-in cost$11,455
Net resale$16,999
Projected profit$5,543
ROI+48.4%
Annualized+69.3%
Break-even resale$13,107/ac
Profit if resale lands off target
-20%
$2,144
-10%
$3,844
0%
$5,543
+10%
$7,243
+20%
$8,943
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-642397
Gravel · Full utilities
1.1Feb 22, 2026$28,00024,52315,0178.4 mi
76
RI-681492
Paved · Full utilities
0.6Nov 6, 2025$30,90052,38327,36113.2 mi
67
RI-532741
Gravel · Full utilities
1.5Mar 22, 2025$47,90032,78320,90810.0 mi
66
RI-843004
Dirt · Full utilities
1.8Sep 17, 2024$34,60019,67814,9338.6 mi
64
RI-790732
Dirt · Power at road
0.3Oct 30, 2024$7,70022,58820,5156.5 mi
61
RI-860901
Gravel · Off grid
0.4Jun 26, 2024$7,50019,74618,39711.1 mi
58
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (6 mo)+2.0%

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.