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Wayne County, NC · Sold

NC-383806

8469 County Road 372

$71,400
$10,071/ac · 7.09 ac
Acreage7.09 ac
Price per acre$10,071/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedAug 20, 2025
Coordinates35.3148, -78.0596
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
10
Low risk
Wetlands8.4% of tract

Little to no mapped wetland coverage.

Average slope7.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

607 ft of deeded road frontage.

Power2 ft away

Power at or near the road.

Buildable area6.17 of 7.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$79,936
$61,745$98,128 · $11,275/ac on 7.09 ac
Asking vs estimate
-10.7%
Priced below 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 $71,400
Maximum allowable offer
$45,678
$6,443/ac · +30.0% target margin

You need $25,722 off asking to hit this margin.

All-in cost$49,561
Net resale$73,542
Projected profit$23,981
ROI+48.4%
Annualized+69.2%
Break-even resale$7,598/ac
Profit if resale lands off target
-20%
$9,273
-10%
$16,627
0%
$23,981
+10%
$31,335
+20%
$38,689
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-114307
Gravel · Off grid
10.2Jul 15, 2026$149,50014,67115,2853.7 mi
80
NC-463562
Gravel · Power at road
5.9Oct 23, 2024$73,70012,40811,3683.8 mi
78
NC-102589
Dirt · Off grid
2.9Jul 18, 2026$21,2007,2248,2098.2 mi
73
NC-923091
Dirt · Full utilities
4.2Jul 22, 2025$49,20011,6509,7233.2 mi
73
NC-975398
Dirt · Off grid
22.5Mar 14, 2026$221,0009,83913,1642.1 mi
71
NC-342521
Dirt · Power at road
2.8Jul 28, 2025$24,1008,6528,6844.9 mi
69
NC-742949
Paved · Full utilities
3.8Oct 11, 2025$88,90023,33714,0155.9 mi
68
NC-962384
Gravel · Power at road
2.5Mar 7, 2026$23,1009,1307,6696.5 mi
68
NC-575376
Dirt · Off grid
22.1Nov 8, 2025$172,2007,78710,5434.3 mi
67
NC-222136
Gravel · Power at road
2.1Jul 5, 2025$33,70015,97213,7307.5 mi
66
Show adjustment detail for the top comp
  • Tract size (10.19 ac → 7.09 ac)+2.6%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (1 mo)+0.4%

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.