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Wilkes County, NC · Sold

NC-588971

9459 County Road 40

$1,540,500
$5,153/ac · 299 ac
Acreage299 ac
Price per acre$5,153/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedOct 18, 2025
Coordinates36.2084, -81.2282
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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

Wilkes County, North Carolina. Piedmont builder demand plus mountain view lots in the west.

View Wilkes market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
15
Low risk
Wetlands8.7% of tract

Little to no mapped wetland coverage.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,822 ft of deeded road frontage.

Power13,634 ft away

A long utility run — price in solar/off-grid instead.

Buildable area259.29 of 298.95 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,446,527
$1,218,073$1,674,981 · $4,839/ac on 299 ac
Asking vs estimate
+6.5%
Priced above the comp set

Weighted from 8 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 $1,540,500
Maximum allowable offer
$826,587
$2,765/ac · +30.0% target margin

You need $713,913 off asking to hit this margin.

All-in cost$896,847
Net resale$1,330,805
Projected profit$433,958
ROI+48.4%
Annualized+69.2%
Break-even resale$3,261/ac
Profit if resale lands off target
-20%
$167,797
-10%
$300,877
0%
$433,958
+10%
$567,038
+20%
$700,119
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NC-479053
Dirt · Power at road
317.3Oct 8, 2024$1,099,8003,4674,4347.0 mi
72
NC-596514
Paved · Power at road
50.4Jul 27, 2026$481,6009,5515,1844.1 mi
68
NC-526057
Paved · Power at road
36.2Jul 27, 2026$329,9009,1104,6462.9 mi
68
NC-976815
Dirt · Full utilities
62.7Jul 27, 2026$449,6007,1704,5802.9 mi
68
NC-156582
Landlocked · Power at road
53.0Jul 24, 2025$256,2004,8374,7967.4 mi
60
NC-356517
Dirt · Full utilities
50.5Sep 30, 2025$537,20010,6316,7169.2 mi
60
NC-426511
Landlocked · Power at road
50.3May 27, 2025$223,0004,4334,3785.1 mi
56
NC-936468
Landlocked · Off grid
48.8Oct 14, 2024$161,7003,3153,9229.4 mi
52
Show adjustment detail for the top comp
  • Tract size (317.25 ac → 298.95 ac)+1.7%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (22 mo)+7.8%

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.