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Wayne County, NC · Sold

NC-319470

562 County Road 171

$2,613,300
$6,090/ac · 429 ac
Acreage429 ac
Price per acre$6,090/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedMar 4, 2024
Coordinates35.4092, -78.0824
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

1 item to verify before you offer.

Risk index
22
Low risk
Wetlands9.6% of tract

Little to no mapped wetland coverage.

Average slope9.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power248 ft away

Power at or near the road.

Buildable area368.55 of 429.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,091,468
$1,755,418$2,427,518 · $4,874/ac on 429 ac
Asking vs estimate
+25.0%
Priced above the comp set

Weighted from 4 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 $2,613,300
Maximum allowable offer
$1,195,125
$2,785/ac · +30.0% target margin

You need $1,418,175 off asking to hit this margin.

All-in cost$1,296,711
Net resale$1,924,151
Projected profit$627,440
ROI+48.4%
Annualized+69.2%
Break-even resale$3,284/ac
Profit if resale lands off target
-20%
$242,610
-10%
$435,025
0%
$627,440
+10%
$819,855
+20%
$1,012,270
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-338062
Dirt · Off grid
154.8Jul 27, 2026$706,4004,5654,0227.0 mi
72
NC-347719
Gravel · Off grid
120.7Jan 4, 2026$987,8008,1845,9461.8 mi
66
NC-296256
Gravel · Off grid
41.8Mar 1, 2025$369,3008,8325,2382.8 mi
54
NC-506380
Paved · Power at road
45.8May 26, 2025$461,00010,0754,3379.4 mi
53
Show adjustment detail for the top comp
  • Tract size (154.75 ac → 429.14 ac)-25.3%
  • Utilities (Off grid → Power at road)+17.6%

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.