Wayne County, NC · Sold

NC-951501

1536 County Road 355

$25,300

$19,023/ac · 1.33 ac

Offer report Market this tract

Acreage1.33 ac

Price per acre$19,023/ac

ZoningUnzoned

Road accessGravel

UtilitiesFull utilities

TopographyFlat

ListedMay 9, 2024

Coordinates35.4096, -78.1017

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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

3 items to verify before you offer.

Risk index

Low risk

Wetlands17.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

187 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.04 of 1.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$20,169

$16,882 – $23,456 · $15,165/ac on 1.33 ac

Asking vs estimate

+25.4%

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 $25,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$11,525

$8,665/ac · +30.0% target margin

You need $13,775 off asking to hit this margin.

All-in cost$12,505

Net resale$18,555

Projected profit$6,051

ROI+48.4%

Annualized+69.3%

Break-even resale$10,220/ac

Profit if resale lands off target

-20%

$2,340

-10%

$4,195

$6,051

+10%

$7,906

+20%

$9,762

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NC-121504 Dirt · Off grid	1.3	Oct 28, 2025	$11,400	8,510	14,680	9.0 mi	82
NC-521817 Dirt · Off grid	1.7	Feb 26, 2026	$17,600	10,483	17,902	9.1 mi	75
NC-582125 Paved · Full utilities	2.1	Dec 19, 2025	$37,200	17,703	15,536	11.9 mi	75
NC-740056 Gravel · Power at road	0.5	Jul 27, 2026	$5,900	12,571	15,235	3.8 mi	75
NC-821773 Dirt · Power at road	1.6	Dec 22, 2025	$14,900	9,146	13,368	10.2 mi	74
NC-102589 Dirt · Off grid	2.9	Jul 18, 2026	$21,200	7,224	12,291	13.0 mi	73
NC-280296 Paved · Power at road	0.6	Aug 29, 2025	$8,600	15,268	16,293	4.5 mi	70
NC-962384 Gravel · Power at road	2.5	Mar 7, 2026	$23,100	9,130	11,483	12.5 mi	70
NC-923091 Dirt · Full utilities	4.2	Jul 22, 2025	$49,200	11,650	14,558	3.9 mi	69
NC-222136 Gravel · Power at road	2.1	Jul 5, 2025	$33,700	15,972	20,558	13.3 mi	68

Show adjustment detail for the top comp

Access (Dirt → Gravel)+16.3%
Utilities (Off grid → Full utilities)+43.5%
Market time (10 mo)+3.4%

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.

Build the listing kit Post a deal or JV