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Comparable sales & offer analysis

Parcel NC-525876

Iredell County, NC · 31.76 ac · Unzoned · Dirt · Power at road

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$223,000
Adjusted value
$247,007
Value range
$200,947–$293,067
Comp $/acre
$7,777/ac

Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.7% versus the adjusted value.

Offer position

Max allowable offer
$141,147
Offer $/acre
$4,444/ac
Projected profit
$74,102
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-16599534.6Jan 28, 2025$218,9006,3237,12077
NC-52602635.4Oct 22, 2024$230,1006,4989,05576
NC-44430510.2Mar 1, 2026$94,1009,2429,71272
NC-89635945.1Apr 1, 2024$365,2008,1046,72172
NC-38723985.3Jul 27, 2026$447,7005,2526,53969
NC-47432310.3Jan 26, 2026$57,2005,5465,85666
NC-80686565.0Feb 19, 2024$325,6005,0089,49659
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.