Comparable sales & offer analysis
Parcel FL-185461
Bay County, FL · 23.51 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$411,100
Adjusted value
$337,162
Value range
$275,070–$399,255
Comp $/acre
$14,341/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +21.9% versus the adjusted value.
Offer position
Max allowable offer
$192,664
Offer $/acre
$8,195/ac
Projected profit
$101,149
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-244914 | 15.8 | Jan 21, 2026 | $170,000 | 10,747 | 15,109 | 77 |
| FL-215316 | 21.2 | Jan 25, 2025 | $229,100 | 10,823 | 13,898 | 74 |
| FL-806941 | 68.7 | Jul 27, 2026 | $465,300 | 6,772 | 11,778 | 73 |
| FL-463952 | 7.9 | Jul 27, 2026 | $133,000 | 16,875 | 18,577 | 71 |
| FL-273939 | 7.8 | Dec 5, 2025 | $104,400 | 13,366 | 12,795 | 66 |
| FL-674205 | 9.5 | Nov 28, 2025 | $116,200 | 12,273 | 11,921 | 66 |
| FL-444538 | 12.1 | Aug 20, 2025 | $126,800 | 10,521 | 12,405 | 65 |
| FL-243901 | 7.6 | Jul 17, 2024 | $178,700 | 23,540 | 19,475 | 63 |
| FL-904416 | 11.0 | Aug 21, 2024 | $78,500 | 7,121 | 11,887 | 63 |
| FL-223739 | 6.8 | Apr 10, 2026 | $81,700 | 12,111 | 15,542 | 62 |
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.