Comparable sales & offer analysis
Parcel NC-949212
Johnston County, NC · 356 ac · Residential · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,473,400
Adjusted value
$1,029,021
Value range
$782,065–$1,275,976
Comp $/acre
$2,891/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +43.2% versus the adjusted value.
Offer position
Max allowable offer
$588,012
Offer $/acre
$1,652/ac
Projected profit
$308,706
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 | 2,980 | 80 |
| NC-798839 | 271.7 | Jul 27, 2026 | $661,900 | 2,436 | 1,912 | 80 |
| NC-859537 | 450.5 | Nov 26, 2023 | $1,839,100 | 4,082 | 4,135 | 66 |
| NC-856956 | 69.5 | Jul 27, 2026 | $224,400 | 3,231 | 2,439 | 66 |
| NC-448014 | 149.5 | Feb 2, 2024 | $638,700 | 4,274 | 3,146 | 62 |
| NC-887310 | 89.8 | Dec 17, 2024 | $243,400 | 2,712 | 2,934 | 56 |
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.