Comparable sales & offer analysis
Parcel NC-973818
Johnston County, NC · 7.15 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$54,300
Adjusted value
$51,569
Value range
$45,792–$57,347
Comp $/acre
$7,213/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.3% versus the adjusted value.
Offer position
Max allowable offer
$29,468
Offer $/acre
$4,121/ac
Projected profit
$15,471
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-494138 | 9.0 | Jul 26, 2026 | $51,100 | 5,668 | 7,939 | 80 |
| NC-623923 | 7.7 | Feb 26, 2025 | $66,300 | 8,582 | 7,544 | 79 |
| NC-133624 | 6.2 | Mar 22, 2025 | $50,300 | 8,093 | 8,544 | 78 |
| NC-623764 | 6.9 | Jan 2, 2025 | $37,700 | 5,482 | 6,908 | 77 |
| NC-674069 | 8.6 | Oct 22, 2025 | $56,600 | 6,595 | 6,616 | 76 |
| NC-573118 | 4.3 | Oct 23, 2024 | $33,000 | 7,661 | 6,622 | 68 |
| NC-362296 | 2.4 | Mar 19, 2025 | $16,500 | 6,961 | 6,011 | 66 |
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.