Comparable sales & offer analysis
Parcel NC-243998
Iredell County, NC · 8.15 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$154,100
Adjusted value
$111,983
Value range
$84,327–$139,638
Comp $/acre
$13,740/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +37.6% versus the adjusted value.
Offer position
Max allowable offer
$63,990
Offer $/acre
$7,852/ac
Projected profit
$33,595
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-474323 | 10.3 | Jan 26, 2026 | $57,200 | 5,546 | 9,691 | 82 |
| NC-444305 | 10.2 | Mar 1, 2026 | $94,100 | 9,242 | 16,073 | 74 |
| NC-191915 | 1.8 | Jul 27, 2026 | $17,700 | 9,826 | 15,591 | 66 |
| NC-922047 | 2.0 | Jul 27, 2026 | $34,600 | 17,476 | 20,248 | 64 |
| NC-525876 | 31.8 | May 24, 2026 | $203,400 | 6,404 | 10,759 | 62 |
| NC-165995 | 34.6 | Jan 28, 2025 | $218,900 | 6,323 | 11,783 | 60 |
| NC-896359 | 45.1 | Apr 1, 2024 | $365,200 | 8,104 | 11,124 | 54 |
| NC-526026 | 35.4 | Oct 22, 2024 | $230,100 | 6,498 | 14,987 | 52 |
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.