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Comparable sales & offer analysis

Parcel NC-761339

Iredell County, NC · 1.19 ac · Agricultural · Gravel · Off grid

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$9,700
Adjusted value
$13,846
Value range
$11,307–$16,385
Comp $/acre
$11,635/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -29.9% versus the adjusted value.

Offer position

Max allowable offer
$7,912
Offer $/acre
$6,649/ac
Projected profit
$4,154
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
NC-5305900.7Jul 27, 2026$5,9008,5938,61580
NC-1919151.8Jul 27, 2026$17,7009,82611,58679
NC-9220472.0Jul 27, 2026$34,60017,47615,04677
NC-9805800.7Dec 24, 2023$6,4009,39012,12970
NC-3401050.5Aug 16, 2024$4,2008,63010,85462
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.