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Wayne County, NC · Sold

NC-243109

3797 County Road 294

$39,100
$9,136/ac · 4.28 ac
Acreage4.28 ac
Price per acre$9,136/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedSep 23, 2023
Coordinates35.4048, -77.9685
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
47
Moderate risk
Wetlands2.3% of tract

Little to no mapped wetland coverage.

Average slope17.3%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power12,444 ft away

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

Buildable area3.35 of 4.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$31,874
$24,807$38,941 · $7,447/ac on 4.28 ac
Asking vs estimate
+22.7%
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 $39,100
Maximum allowable offer
$18,214
$4,256/ac · +30.0% target margin

You need $20,886 off asking to hit this margin.

All-in cost$19,762
Net resale$29,324
Projected profit$9,562
ROI+48.4%
Annualized+69.2%
Break-even resale$5,019/ac
Profit if resale lands off target
-20%
$3,697
-10%
$6,630
0%
$9,562
+10%
$12,494
+20%
$15,427
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-102589
Dirt · Off grid
2.9Jul 18, 2026$21,2007,2245,6587.9 mi
84
NC-923091
Dirt · Full utilities
4.2Jul 22, 2025$49,20011,6506,7027.5 mi
81
NC-742949
Paved · Full utilities
3.8Oct 11, 2025$88,90023,3379,6602.2 mi
79
NC-942654
Paved · Off grid
3.1Oct 10, 2025$44,40014,4238,5101.3 mi
78
NC-114307
Gravel · Off grid
10.2Jul 15, 2026$149,50014,67110,5359.1 mi
72
NC-521817
Dirt · Off grid
1.7Feb 26, 2026$17,60010,4838,2411.9 mi
72
NC-121504
Dirt · Off grid
1.3Oct 28, 2025$11,4008,5106,7581.9 mi
72
NC-962384
Gravel · Power at road
2.5Mar 7, 2026$23,1009,1305,2869.2 mi
71
NC-582125
Paved · Full utilities
2.1Dec 19, 2025$37,20017,7037,1529.4 mi
71
NC-342521
Dirt · Power at road
2.8Jul 28, 2025$24,1008,6525,9865.6 mi
71
Show adjustment detail for the top comp
  • Tract size (2.94 ac → 4.28 ac)-1.3%
  • Access (Dirt → Landlocked)-20.9%

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.