Comparable sales & offer analysis
Parcel NC-623764
Johnston County, NC · 6.88 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$45,500
Adjusted value
$43,025
Value range
$38,498–$47,552
Comp $/acre
$6,254/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.8% versus the adjusted value.
Offer position
Max allowable offer
$24,586
Offer $/acre
$3,574/ac
Projected profit
$12,908
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 | 6,764 | 83 |
| NC-133624 | 6.2 | Mar 22, 2025 | $50,300 | 8,093 | 7,279 | 80 |
| NC-973818 | 7.2 | Jul 24, 2025 | $48,800 | 6,827 | 6,109 | 80 |
| NC-623923 | 7.7 | Feb 26, 2025 | $66,300 | 8,582 | 6,428 | 77 |
| NC-674069 | 8.6 | Oct 22, 2025 | $56,600 | 6,595 | 5,637 | 73 |
| NC-573118 | 4.3 | Oct 23, 2024 | $33,000 | 7,661 | 5,642 | 68 |
| NC-362296 | 2.4 | Mar 19, 2025 | $16,500 | 6,961 | 5,121 | 58 |
| NC-862042 | 2.0 | May 30, 2025 | $15,500 | 7,841 | 6,707 | 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.