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Washington County, RI · Sold

RI-790732

5895 County Road 283

$8,000
$23,529/ac · 0.34 ac
Acreage0.34 ac
Price per acre$23,529/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedApr 27, 2024
Coordinates41.3708, -71.6410
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
42
Moderate risk
Wetlands42.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.1%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

89 ft of deeded road frontage.

Power13 ft away

Power at or near the road.

Buildable area0.19 of 0.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,566
$5,749$9,384 · $22,254/ac on 0.34 ac
Asking vs estimate
+5.7%
Priced above 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 $8,000
Maximum allowable offer
$4,324
$12,717/ac · +30.0% target margin

You need $3,676 off asking to hit this margin.

All-in cost$4,692
Net resale$6,961
Projected profit$2,270
ROI+48.4%
Annualized+69.2%
Break-even resale$14,999/ac
Profit if resale lands off target
-20%
$877
-10%
$1,573
0%
$2,270
+10%
$2,966
+20%
$3,662
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-860901
Gravel · Off grid
0.4Jun 26, 2024$7,50019,74621,7835.2 mi
71
RI-642397
Gravel · Full utilities
1.1Feb 22, 2026$28,00024,52317,7814.6 mi
70
RI-681492
Paved · Full utilities
0.6Nov 6, 2025$30,90052,38332,3957.4 mi
69
RI-362144
Dirt · Off grid
0.9Nov 30, 2024$13,70014,42118,3006.5 mi
61
RI-532741
Gravel · Full utilities
1.5Mar 22, 2025$47,90032,78324,7554.8 mi
57
RI-843004
Dirt · Full utilities
1.8Sep 17, 2024$34,60019,67817,6816.9 mi
55
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (26 mo)+9.0%

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.