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Washington County, RI · Sold

RI-608209

8149 County Road 12

$715,400
$9,352/ac · 76.50 ac
Acreage76.50 ac
Price per acre$9,352/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedApr 27, 2024
Coordinates41.3190, -71.7186
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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

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands15.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,280 ft of deeded road frontage.

Power13,718 ft away

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

Buildable area61.70 of 76.50 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,172,527
$923,639$1,421,414 · $15,327/ac on 76.50 ac
Asking vs estimate
-39.0%
Priced below 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 $715,400
Maximum allowable offer
$670,015
$8,758/ac · +30.0% target margin

You need $45,385 off asking to hit this margin.

All-in cost$726,966
Net resale$1,078,725
Projected profit$351,758
ROI+48.4%
Annualized+69.2%
Break-even resale$10,329/ac
Profit if resale lands off target
-20%
$136,013
-10%
$243,886
0%
$351,758
+10%
$459,631
+20%
$567,503
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
RI-518676
Landlocked · Power at road
107.3May 17, 2026$753,3007,0209,61710.3 mi
80
RI-958552
Gravel · Off grid
98.1Dec 27, 2025$1,437,70014,65815,9648.2 mi
79
RI-458498
Paved · Power at road
94.3Jul 5, 2025$2,042,40021,65417,1574.0 mi
74
RI-537299
Dirt · Off grid
39.6Jul 27, 2026$633,50016,01116,28210.2 mi
74
RI-158658
Gravel · Off grid
105.9Jun 22, 2025$1,587,40014,98816,98712.0 mi
72
RI-627866
Dirt · Power at road
59.7Oct 16, 2025$1,212,60020,32219,6739.4 mi
72
RI-239004
Dirt · Full utilities
136.1Jun 2, 2024$1,528,10011,22911,4589.7 mi
61
Show adjustment detail for the top comp
  • Tract size (107.3 ac → 76.5 ac)+8.5%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (3 mo)+1.0%

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.