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Comparable sales & offer analysis

Parcel NC-607972

Iredell County, NC · 145 ac · Mixed Use · Gravel · Off grid

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$954,700
Adjusted value
$775,613
Value range
$624,488–$926,738
Comp $/acre
$5,350/ac

Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.1% versus the adjusted value.

Offer position

Max allowable offer
$443,208
Offer $/acre
$3,057/ac
Projected profit
$232,684
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-357929140.5Jul 27, 2026$484,2003,4454,00486
NC-838848273.5Jul 27, 2026$1,277,0004,6695,61380
NC-38723985.3Jul 27, 2026$447,7005,2524,63179
NC-489101328.5Jul 6, 2026$1,734,2005,2796,70973
NC-80686565.0Feb 19, 2024$325,6005,0086,72562
NC-89635945.1Apr 1, 2024$365,2008,1044,76056
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.