Comparable sales & offer analysis
Parcel NC-362296
Johnston County, NC · 2.37 ac · Recreational · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$16,800
Adjusted value
$22,715
Value range
$19,598–$25,833
Comp $/acre
$9,585/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.0% versus the adjusted value.
Offer position
Max allowable offer
$12,980
Offer $/acre
$5,477/ac
Projected profit
$6,815
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-992031 | 2.0 | Oct 15, 2025 | $8,200 | 4,207 | 8,901 | 75 |
| NC-862042 | 2.0 | May 30, 2025 | $15,500 | 7,841 | 9,708 | 74 |
| NC-973818 | 7.2 | Jul 24, 2025 | $48,800 | 6,827 | 8,842 | 67 |
| NC-951656 | 1.5 | Mar 29, 2025 | $15,300 | 10,294 | 12,769 | 67 |
| NC-133624 | 6.2 | Mar 22, 2025 | $50,300 | 8,093 | 10,536 | 64 |
| NC-573118 | 4.3 | Oct 23, 2024 | $33,000 | 7,661 | 8,166 | 61 |
| NC-580840 | 0.8 | May 5, 2025 | $5,400 | 6,483 | 9,278 | 61 |
| NC-623923 | 7.7 | Feb 26, 2025 | $66,300 | 8,582 | 9,303 | 57 |
| NC-623764 | 6.9 | Jan 2, 2025 | $37,700 | 5,482 | 8,519 | 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.