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Comparable sales & offer analysis

Parcel NC-922047

Iredell County, NC · 1.98 ac · Residential · Paved · Off grid

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$32,400
Adjusted value
$24,312
Value range
$18,945–$29,680
Comp $/acre
$12,279/ac

Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +33.3% versus the adjusted value.

Offer position

Max allowable offer
$13,893
Offer $/acre
$7,017/ac
Projected profit
$7,294
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-1919151.8Jul 27, 2026$17,7009,82613,56281
NC-5305900.7Jul 27, 2026$5,9008,59310,08574
NC-7613391.2Mar 30, 2025$8,6007,2309,00168
NC-3401050.5Aug 16, 2024$4,2008,63012,70663
NC-44430510.2Mar 1, 2026$94,1009,24213,98161
NC-47432310.3Jan 26, 2026$57,2005,5468,43060
NC-2439988.2Sep 3, 2025$153,00018,77617,07557
NC-9805800.7Dec 24, 2023$6,4009,39014,19855
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.