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Wayne County, NC · Sold

NC-222136

1748 County Road 189

$33,400
$15,829/ac · 2.11 ac
Acreage2.11 ac
Price per acre$15,829/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedMay 9, 2024
Coordinates35.2697, -77.9389
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

No material red flags on the mapped layers.

Risk index
3
Low risk
Wetlands1.2% of tract

Little to no mapped wetland coverage.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

187 ft of deeded road frontage.

Power145 ft away

Power at or near the road.

Buildable area1.98 of 2.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$25,878
$20,992$30,763 · $12,264/ac on 2.11 ac
Asking vs estimate
+29.1%
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 $33,400
Maximum allowable offer
$14,787
$7,008/ac · +30.0% target margin

You need $18,613 off asking to hit this margin.

All-in cost$16,044
Net resale$23,807
Projected profit$7,763
ROI+48.4%
Annualized+69.3%
Break-even resale$8,265/ac
Profit if resale lands off target
-20%
$3,002
-10%
$5,383
0%
$7,763
+10%
$10,144
+20%
$12,525
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-962384
Gravel · Power at road
2.5Mar 7, 2026$23,1009,1309,3391.0 mi
86
NC-582125
Paved · Full utilities
2.1Dec 19, 2025$37,20017,70312,6352.2 mi
83
NC-102589
Dirt · Off grid
2.9Jul 18, 2026$21,2007,2249,9952.5 mi
81
NC-821773
Dirt · Power at road
1.6Dec 22, 2025$14,9009,14610,8718.2 mi
76
NC-521817
Dirt · Off grid
1.7Feb 26, 2026$17,60010,48314,5598.2 mi
76
NC-342521
Dirt · Power at road
2.8Jul 28, 2025$24,1008,65210,5754.2 mi
75
NC-121504
Dirt · Off grid
1.3Oct 28, 2025$11,4008,51011,9388.0 mi
70
NC-942654
Paved · Off grid
3.1Oct 10, 2025$44,40014,42315,03410.8 mi
69
NC-383806
Dirt · Power at road
7.1Nov 25, 2025$67,1009,46611,8767.5 mi
68
NC-742949
Paved · Full utilities
3.8Oct 11, 2025$88,90023,33717,0658.0 mi
67
Show adjustment detail for the top comp
  • Market time (5 mo)+1.9%

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.