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Wayne County, NC · Sold

NC-923091

1040 County Road 99

$55,300
$13,104/ac · 4.22 ac
Acreage4.22 ac
Price per acre$13,104/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedOct 19, 2024
Coordinates35.3553, -78.0861
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
7
Low risk
Wetlands8.6% of tract

Little to no mapped wetland coverage.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

195 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area3.66 of 4.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$58,855
$45,608$72,102 · $13,947/ac on 4.22 ac
Asking vs estimate
-6.0%
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 $55,300
Maximum allowable offer
$33,631
$7,969/ac · +30.0% target margin

You need $21,669 off asking to hit this margin.

All-in cost$36,490
Net resale$54,146
Projected profit$17,657
ROI+48.4%
Annualized+69.3%
Break-even resale$9,399/ac
Profit if resale lands off target
-20%
$6,827
-10%
$12,242
0%
$17,657
+10%
$23,071
+20%
$28,486
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-102589
Dirt · Off grid
2.9Jul 18, 2026$21,2007,22410,27610.4 mi
83
NC-742949
Paved · Full utilities
3.8Oct 11, 2025$88,90023,33717,5445.7 mi
79
NC-243109
Landlocked · Off grid
4.3Aug 30, 2024$37,1008,67017,0437.5 mi
77
NC-383806
Dirt · Power at road
7.1Nov 25, 2025$67,1009,46612,2093.2 mi
75
NC-114307
Gravel · Off grid
10.2Jul 15, 2026$149,50014,67119,1341.7 mi
74
NC-582125
Paved · Full utilities
2.1Dec 19, 2025$37,20017,70312,9898.5 mi
73
NC-342521
Dirt · Power at road
2.8Jul 28, 2025$24,1008,65210,8716.7 mi
72
NC-942654
Paved · Off grid
3.1Oct 10, 2025$44,40014,42315,4567.9 mi
72
NC-962384
Gravel · Power at road
2.5Mar 7, 2026$23,1009,1309,6019.3 mi
71
NC-463562
Gravel · Power at road
5.9Oct 23, 2024$73,70012,40814,2313.6 mi
70
Show adjustment detail for the top comp
  • Tract size (2.94 ac → 4.22 ac)-1.2%
  • Utilities (Off grid → Full utilities)+43.5%

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.