Comparable sales & offer analysis
Parcel NC-896359
Iredell County, NC · 45.06 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$343,200
Adjusted value
$449,817
Value range
$369,724–$529,910
Comp $/acre
$9,983/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.7% versus the adjusted value.
Offer position
Max allowable offer
$257,038
Offer $/acre
$5,704/ac
Projected profit
$134,945
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-525876 | 31.8 | May 24, 2026 | $203,400 | 6,404 | 8,664 | 82 |
| NC-165995 | 34.6 | Jan 28, 2025 | $218,900 | 6,323 | 9,489 | 76 |
| NC-387239 | 85.3 | Jul 27, 2026 | $447,700 | 5,252 | 8,714 | 76 |
| NC-526026 | 35.4 | Oct 22, 2024 | $230,100 | 6,498 | 12,069 | 73 |
| NC-357929 | 140.5 | Jul 27, 2026 | $484,200 | 3,445 | 7,535 | 67 |
| NC-806865 | 65.0 | Feb 19, 2024 | $325,600 | 5,008 | 12,656 | 63 |
| NC-607972 | 145.0 | Sep 20, 2025 | $841,100 | 5,801 | 11,392 | 61 |
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.