Comparable sales & offer analysis
Parcel FL-367744
Bay County, FL · 123 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,115,000
Adjusted value
$1,046,184
Value range
$753,253–$1,339,116
Comp $/acre
$8,512/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.6% versus the adjusted value.
Offer position
Max allowable offer
$597,820
Offer $/acre
$4,864/ac
Projected profit
$313,855
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-548161 | 166.3 | Jul 27, 2026 | $622,800 | 3,746 | 5,563 | 83 |
| FL-758187 | 169.4 | Jul 27, 2026 | $1,125,200 | 6,642 | 8,426 | 82 |
| FL-438476 | 208.9 | Jul 27, 2026 | $2,996,400 | 14,346 | 14,054 | 82 |
| FL-806941 | 68.7 | Jul 27, 2026 | $465,300 | 6,772 | 6,861 | 79 |
| FL-529189 | 350.1 | Jun 26, 2025 | $1,064,400 | 3,040 | 5,832 | 68 |
| FL-398845 | 272.9 | May 11, 2025 | $1,535,200 | 5,626 | 7,373 | 67 |
| FL-939299 | 379.1 | Nov 10, 2024 | $3,551,000 | 9,366 | 11,681 | 60 |
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.