Comparable sales & offer analysis
Parcel NC-949212
Johnston County, NC · 356 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,473,400
Adjusted value
$1,035,674
Value range
$787,336–$1,284,011
Comp $/acre
$2,909/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +42.3% versus the adjusted value.
Offer position
Max allowable offer
$591,813
Offer $/acre
$1,662/ac
Projected profit
$310,702
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-188276 | 180.7 | Jul 27, 2026 | $652,200 | 3,609 | 2,997 | 79 |
| NC-798839 | 271.7 | Jul 27, 2026 | $661,900 | 2,436 | 1,923 | 79 |
| NC-859537 | 450.5 | Nov 26, 2023 | $1,839,100 | 4,082 | 4,156 | 66 |
| NC-856956 | 69.5 | Jul 27, 2026 | $224,400 | 3,231 | 2,453 | 65 |
| NC-448014 | 149.5 | Feb 2, 2024 | $638,700 | 4,274 | 3,162 | 62 |
| NC-887310 | 89.8 | Dec 17, 2024 | $243,400 | 2,712 | 2,949 | 55 |
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.