Comparable sales & offer analysis
Parcel NC-859537
Johnston County, NC · 450 ac · Mixed Use · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,999,000
Adjusted value
$1,540,807
Value range
$1,109,381–$1,972,233
Comp $/acre
$3,420/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +29.7% versus the adjusted value.
Offer position
Max allowable offer
$880,461
Offer $/acre
$1,954/ac
Projected profit
$462,242
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-798839 | 271.7 | Jul 27, 2026 | $661,900 | 2,436 | 2,115 | 79 |
| NC-188276 | 180.7 | Jul 27, 2026 | $652,200 | 3,609 | 3,297 | 70 |
| NC-949212 | 356.0 | Nov 17, 2024 | $1,538,200 | 4,321 | 5,129 | 69 |
| NC-448014 | 149.5 | Feb 2, 2024 | $638,700 | 4,274 | 3,479 | 59 |
| NC-887310 | 89.8 | Dec 17, 2024 | $243,400 | 2,712 | 3,244 | 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.