Comparable sales & offer analysis
Parcel NC-573118
Johnston County, NC · 4.31 ac · Agricultural · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$38,800
Adjusted value
$40,740
Value range
$34,845–$46,636
Comp $/acre
$9,453/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -4.8% versus the adjusted value.
Offer position
Max allowable offer
$23,280
Offer $/acre
$5,401/ac
Projected profit
$12,222
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-623923 | 7.7 | Feb 26, 2025 | $66,300 | 8,582 | 9,392 | 76 |
| NC-674069 | 8.6 | Oct 22, 2025 | $56,600 | 6,595 | 8,235 | 73 |
| NC-494138 | 9.0 | Jul 26, 2026 | $51,100 | 5,668 | 9,881 | 73 |
| NC-973818 | 7.2 | Jul 24, 2025 | $48,800 | 6,827 | 8,925 | 72 |
| NC-133624 | 6.2 | Mar 22, 2025 | $50,300 | 8,093 | 10,636 | 70 |
| NC-623764 | 6.9 | Jan 2, 2025 | $37,700 | 5,482 | 8,600 | 69 |
| NC-992031 | 2.0 | Oct 15, 2025 | $8,200 | 4,207 | 8,985 | 66 |
| NC-362296 | 2.4 | Mar 19, 2025 | $16,500 | 6,961 | 7,483 | 63 |
| NC-951656 | 1.5 | Mar 29, 2025 | $15,300 | 10,294 | 12,890 | 61 |
| NC-862042 | 2.0 | May 30, 2025 | $15,500 | 7,841 | 9,800 | 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.