Comparable sales & offer analysis
Parcel FL-438476
Bay County, FL · 209 ac · Residential · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,777,000
Adjusted value
$1,667,967
Value range
$1,234,893–$2,101,042
Comp $/acre
$7,986/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +66.5% versus the adjusted value.
Offer position
Max allowable offer
$953,124
Offer $/acre
$4,563/ac
Projected profit
$500,390
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| FL-758187 | 169.4 | Jul 27, 2026 | $1,125,200 | 6,642 | 8,621 | 88 |
| FL-548161 | 166.3 | Jul 27, 2026 | $622,800 | 3,746 | 5,691 | 84 |
| FL-398845 | 272.9 | May 11, 2025 | $1,535,200 | 5,626 | 7,543 | 77 |
| FL-806941 | 68.7 | Jul 27, 2026 | $465,300 | 6,772 | 7,019 | 73 |
| FL-367744 | 122.9 | Nov 29, 2024 | $1,202,000 | 9,779 | 10,724 | 71 |
| FL-529189 | 350.1 | Jun 26, 2025 | $1,064,400 | 3,040 | 5,967 | 70 |
| FL-939299 | 379.1 | Nov 10, 2024 | $3,551,000 | 9,366 | 11,950 | 69 |
| FL-969681 | 500.0 | Nov 7, 2025 | $2,237,800 | 4,476 | 6,706 | 66 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.