Comparable sales & offer analysis
Parcel NC-400504
Johnston County, NC · 0.65 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,900
Adjusted value
$4,113
Value range
$3,223–$5,004
Comp $/acre
$6,328/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.2% versus the adjusted value.
Offer position
Max allowable offer
$2,350
Offer $/acre
$3,616/ac
Projected profit
$1,234
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-780539 | 0.7 | Mar 18, 2026 | $2,600 | 3,962 | 4,713 | 85 |
| NC-810378 | 0.6 | Jul 27, 2026 | $3,000 | 5,012 | 4,989 | 84 |
| NC-190039 | 0.5 | Jul 2, 2026 | $2,900 | 6,254 | 5,362 | 84 |
| NC-870066 | 0.5 | Aug 24, 2024 | $3,500 | 7,526 | 6,951 | 76 |
| NC-580840 | 0.8 | May 5, 2025 | $5,400 | 6,483 | 6,801 | 71 |
| NC-992031 | 2.0 | Oct 15, 2025 | $8,200 | 4,207 | 6,525 | 70 |
| NC-951656 | 1.5 | Mar 29, 2025 | $15,300 | 10,294 | 9,360 | 63 |
| NC-862042 | 2.0 | May 30, 2025 | $15,500 | 7,841 | 7,116 | 60 |
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.