Comparable sales & offer analysis
Parcel FL-398845
Bay County, FL · 273 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,713,400
Adjusted value
$1,979,298
Value range
$1,425,095–$2,533,502
Comp $/acre
$7,254/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.4% versus the adjusted value.
Offer position
Max allowable offer
$1,131,028
Offer $/acre
$4,145/ac
Projected profit
$593,789
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-438476 | 208.9 | Jul 27, 2026 | $2,996,400 | 14,346 | 11,293 | 86 |
| FL-758187 | 169.4 | Jul 27, 2026 | $1,125,200 | 6,642 | 6,771 | 84 |
| FL-548161 | 166.3 | Jul 27, 2026 | $622,800 | 3,746 | 4,470 | 75 |
| FL-529189 | 350.1 | Jun 26, 2025 | $1,064,400 | 3,040 | 4,686 | 71 |
| FL-969681 | 500.0 | Nov 7, 2025 | $2,237,800 | 4,476 | 5,267 | 68 |
| FL-939299 | 379.1 | Nov 10, 2024 | $3,551,000 | 9,366 | 9,386 | 67 |
| FL-367744 | 122.9 | Nov 29, 2024 | $1,202,000 | 9,779 | 8,423 | 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.