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Wayne County, NC · Sold

NC-338062

1116 County Road 91

$770,300
$4,978/ac · 155 ac
Acreage155 ac
Price per acre$4,978/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedJul 26, 2025
Coordinates35.3918, -77.9591
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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

Wayne County, North Carolina. Piedmont builder demand plus mountain view lots in the west.

View Wayne market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands17.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power9,434 ft away

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

Buildable area121.87 of 154.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$928,225
$731,266$1,125,183 · $5,998/ac on 155 ac
Asking vs estimate
-17.0%
Priced below the comp set

Weighted from 5 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 $770,300
Maximum allowable offer
$530,414
$3,428/ac · +30.0% target margin

You need $239,886 off asking to hit this margin.

All-in cost$575,499
Net resale$853,967
Projected profit$278,467
ROI+48.4%
Annualized+69.2%
Break-even resale$4,042/ac
Profit if resale lands off target
-20%
$107,674
-10%
$193,071
0%
$278,467
+10%
$363,864
+20%
$449,261
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-347719
Gravel · Off grid
120.7Jan 4, 2026$987,8008,1846,7637.9 mi
77
NC-645915
Dirt · Power at road
32.7Jun 23, 2026$235,8007,2194,3684.8 mi
68
NC-319470
Dirt · Power at road
429.1Jan 3, 2025$2,806,7006,5407,9447.0 mi
62
NC-506380
Paved · Power at road
45.8May 26, 2025$461,00010,0754,9333.1 mi
61
NC-296256
Gravel · Off grid
41.8Mar 1, 2025$369,3008,8325,9577.8 mi
58
Show adjustment detail for the top comp
  • Tract size (120.7 ac → 154.75 ac)-6.3%
  • Access (Gravel → Dirt)-14.0%
  • Market time (7 mo)+2.6%

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.