Comparable sales & offer analysis
Parcel FL-438476
Bay County, FL · 209 ac · Residential · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,777,000
Adjusted value
$1,678,012
Value range
$1,242,246–$2,113,777
Comp $/acre
$8,034/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +65.5% versus the adjusted value.
Offer position
Max allowable offer
$958,864
Offer $/acre
$4,591/ac
Projected profit
$503,404
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 | 8,669 | 87 |
| FL-548161 | 166.3 | Jul 27, 2026 | $622,800 | 3,746 | 5,723 | 83 |
| FL-398845 | 272.9 | May 11, 2025 | $1,535,200 | 5,626 | 7,583 | 76 |
| FL-806941 | 68.7 | Jul 27, 2026 | $465,300 | 6,772 | 7,058 | 72 |
| FL-367744 | 122.9 | Nov 29, 2024 | $1,202,000 | 9,779 | 10,779 | 70 |
| FL-529189 | 350.1 | Jun 26, 2025 | $1,064,400 | 3,040 | 5,998 | 69 |
| FL-939299 | 379.1 | Nov 10, 2024 | $3,551,000 | 9,366 | 12,012 | 69 |
| FL-969681 | 500.0 | Nov 7, 2025 | $2,237,800 | 4,476 | 6,742 | 65 |
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.