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
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| NC-191915 | 1.8 | Jul 27, 2026 | $17,700 | 9,826 | 13,562 | 81 |
| NC-530590 | 0.7 | Jul 27, 2026 | $5,900 | 8,593 | 10,085 | 74 |
| NC-761339 | 1.2 | Mar 30, 2025 | $8,600 | 7,230 | 9,001 | 68 |
| NC-340105 | 0.5 | Aug 16, 2024 | $4,200 | 8,630 | 12,706 | 63 |
| NC-444305 | 10.2 | Mar 1, 2026 | $94,100 | 9,242 | 13,981 | 61 |
| NC-474323 | 10.3 | Jan 26, 2026 | $57,200 | 5,546 | 8,430 | 60 |
| NC-243998 | 8.2 | Sep 3, 2025 | $153,000 | 18,776 | 17,075 | 57 |
| NC-980580 | 0.7 | Dec 24, 2023 | $6,400 | 9,390 | 14,198 | 55 |
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.
