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Wayne County, NC · Sold

NC-582125

2440 County Road 338

$44,900
$21,381/ac · 2.10 ac
Acreage2.10 ac
Price per acre$21,381/ac
ZoningUnzoned
Road accessPaved
UtilitiesFull utilities
TopographyRolling
ListedJan 14, 2025
Coordinates35.2695, -77.9781
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

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

4 items to verify before you offer.

Risk index
21
Low risk
Wetlands15.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope10.5%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

256 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.69 of 2.10 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$39,465
$31,105$47,824 · $18,793/ac on 2.10 ac
Asking vs estimate
+13.8%
Priced above the comp set

Weighted from 10 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 $44,900
Maximum allowable offer
$22,551
$10,739/ac · +30.0% target margin

You need $22,349 off asking to hit this margin.

All-in cost$24,468
Net resale$36,308
Projected profit$11,840
ROI+48.4%
Annualized+69.3%
Break-even resale$12,665/ac
Profit if resale lands off target
-20%
$4,578
-10%
$8,209
0%
$11,840
+10%
$15,470
+20%
$19,101
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-102589
Dirt · Off grid
2.9Jul 18, 2026$21,2007,22414,3914.1 mi
85
NC-962384
Gravel · Power at road
2.5Mar 7, 2026$23,1009,13013,4451.3 mi
81
NC-222136
Gravel · Power at road
2.1Jul 5, 2025$33,70015,97224,0712.2 mi
80
NC-521817
Dirt · Off grid
1.7Feb 26, 2026$17,60010,48320,9618.5 mi
76
NC-121504
Dirt · Off grid
1.3Oct 28, 2025$11,4008,51017,1888.2 mi
74
NC-342521
Dirt · Power at road
2.8Jul 28, 2025$24,1008,65215,2253.7 mi
74
NC-821773
Dirt · Power at road
1.6Dec 22, 2025$14,9009,14615,6528.8 mi
74
NC-742949
Paved · Full utilities
3.8Oct 11, 2025$88,90023,33724,5707.5 mi
73
NC-942654
Paved · Off grid
3.1Oct 10, 2025$44,40014,42321,64510.7 mi
72
NC-951501
Gravel · Full utilities
1.3Apr 26, 2025$23,40017,59621,73211.9 mi
71
Show adjustment detail for the top comp
  • Tract size (2.94 ac → 2.1 ac)+0.8%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Off grid → Full utilities)+43.5%

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.