Comparable sales & offer analysis
Parcel NC-870066
Johnston County, NC · 0.47 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,700
Adjusted value
$3,409
Value range
$2,591–$4,226
Comp $/acre
$7,252/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +8.6% versus the adjusted value.
Offer position
Max allowable offer
$1,948
Offer $/acre
$4,144/ac
Projected profit
$1,023
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-190039 | 0.5 | Jul 2, 2026 | $2,900 | 6,254 | 6,320 | 94 |
| NC-810378 | 0.6 | Jul 27, 2026 | $3,000 | 5,012 | 5,880 | 86 |
| NC-780539 | 0.7 | Mar 18, 2026 | $2,600 | 3,962 | 5,556 | 77 |
| NC-400504 | 0.7 | Aug 28, 2024 | $4,100 | 6,330 | 8,119 | 76 |
| NC-580840 | 0.8 | May 5, 2025 | $5,400 | 6,483 | 8,016 | 68 |
| NC-951656 | 1.5 | Mar 29, 2025 | $15,300 | 10,294 | 11,032 | 58 |
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.