Comparable sales & offer analysis
Parcel NC-838848
Iredell County, NC · 273 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,250,700
Adjusted value
$1,284,193
Value range
$1,028,510–$1,539,876
Comp $/acre
$4,696/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.6% versus the adjusted value.
Offer position
Max allowable offer
$733,825
Offer $/acre
$2,683/ac
Projected profit
$385,258
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 |
|---|---|---|---|---|---|---|
| NC-489101 | 328.5 | Jul 6, 2026 | $1,734,200 | 5,279 | 5,626 | 84 |
| NC-357929 | 140.5 | Jul 27, 2026 | $484,200 | 3,445 | 3,358 | 75 |
| NC-607972 | 145.0 | Sep 20, 2025 | $841,100 | 5,801 | 5,076 | 74 |
| NC-387239 | 85.3 | Jul 27, 2026 | $447,700 | 5,252 | 3,883 | 73 |
| NC-806865 | 65.0 | Feb 19, 2024 | $325,600 | 5,008 | 5,639 | 58 |
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.