Comparable sales & offer analysis
Parcel NC-489101
Iredell County, NC · 328 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,874,800
Adjusted value
$1,395,722
Value range
$1,151,009–$1,640,434
Comp $/acre
$4,249/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +34.3% versus the adjusted value.
Offer position
Max allowable offer
$797,555
Offer $/acre
$2,428/ac
Projected profit
$418,716
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-838848 | 273.5 | Jul 27, 2026 | $1,277,000 | 4,669 | 4,462 | 84 |
| NC-387239 | 85.3 | Jul 27, 2026 | $447,700 | 5,252 | 3,681 | 71 |
| NC-357929 | 140.5 | Jul 27, 2026 | $484,200 | 3,445 | 3,183 | 70 |
| NC-607972 | 145.0 | Sep 20, 2025 | $841,100 | 5,801 | 4,812 | 67 |
| NC-806865 | 65.0 | Feb 19, 2024 | $325,600 | 5,008 | 5,346 | 54 |
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.