Comparable sales & offer analysis
Parcel NC-623764
Johnston County, NC · 6.88 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$45,500
Adjusted value
$42,798
Value range
$38,297–$47,299
Comp $/acre
$6,221/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.3% versus the adjusted value.
Offer position
Max allowable offer
$24,456
Offer $/acre
$3,555/ac
Projected profit
$12,839
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 | 6,727 | 85 |
| NC-133624 | 6.2 | Mar 22, 2025 | $50,300 | 8,093 | 7,241 | 81 |
| NC-973818 | 7.2 | Jul 24, 2025 | $48,800 | 6,827 | 6,076 | 81 |
| NC-623923 | 7.7 | Feb 26, 2025 | $66,300 | 8,582 | 6,394 | 78 |
| NC-674069 | 8.6 | Oct 22, 2025 | $56,600 | 6,595 | 5,606 | 74 |
| NC-573118 | 4.3 | Oct 23, 2024 | $33,000 | 7,661 | 5,613 | 69 |
| NC-362296 | 2.4 | Mar 19, 2025 | $16,500 | 6,961 | 5,094 | 58 |
| NC-862042 | 2.0 | May 30, 2025 | $15,500 | 7,841 | 6,672 | 57 |
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.