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Comparable sales & offer analysis

Parcel NC-526026

Iredell County, NC · 35.41 ac · Unzoned · Landlocked · Power at road

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$253,400
Adjusted value
$202,415
Value range
$164,719–$240,111
Comp $/acre
$5,716/ac

Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +25.2% versus the adjusted value.

Offer position

Max allowable offer
$115,666
Offer $/acre
$3,266/ac
Projected profit
$60,724
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-52587631.8May 24, 2026$203,4006,4045,04785
NC-16599534.6Jan 28, 2025$218,9006,3235,52781
NC-89635945.1Apr 1, 2024$365,2008,1045,21871
NC-38723985.3Jul 27, 2026$447,7005,2525,07669
NC-44430510.2Mar 1, 2026$94,1009,2427,53967
NC-80686565.0Feb 19, 2024$325,6005,0087,37261
NC-47432310.3Jan 26, 2026$57,2005,5464,54661
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.